KEY WEST, Fla. – NCUA is reporting that Keys FCU, which it operating under conservatorship, posted a positive net income of $1.2-million as of year-end 2014.
Fresh Today
MARYSVILLE, Mich.—Armed robbers wearing safety vests and hard hats held up an office of the $1.7-billion Genisys CU here.
NEW YORK—Credit unions offer some of the best cash-back credit cards, according to a study from Magnify Money.
HOLLYWOOD, Calif.—First Entertainment CU’s efforts to tell the story of a young CU member battling pulmonary hypertension—a rare and often fatal disease—received a big boost Friday morning from NASDAQ.
DOTHAN, Ala.—A credit union in line to become the first-ever to purchase two banks believes it has found a formula that works for turning around banks that have not been profitable.
SCHAUMBERG, Ill.—A new report shows that the total outstanding balance on open automotive loans continued to rise in the fourth quarter of 2014, reaching an all-time high of $886 billion. However, that increase does not support concerns over lenders reaching down to deeper credit scores, the study’s author noted.
ARLINGTON, Va.—A new poll shows that credit unions spent an average of $226,000 as a result of merchant breaches in 2014, and they expect to recover less than 1% through settlements with retailers.
WESTMINSTER, Colo./WARRENVILLE, Ill.—The members of System United Corporate Federal Credit Union (SunCorp) have voted to approve the proposed merger with Alloya Corporate Federal Credit Union (Alloya).
SEATAC, Wash.—The Northwest CU Association is reporting that during 2014 Oregon’s CUs raised nearly three times the political action fundraising goal that had been set for the state by CUNA.
MARTINSVILLE, Va.–A name change by the former Martinsville Dupont Credit Union will also mean a name change for a local stock car race.