Fresh Today

Fresh Today

ALEXANDRIA, Va.–NCUA’s latest Economic Update video looks ahead to 2015, and a year in which the economy will continue to grow and labor markets will continue to improve.

ALEXANDRIA, Va. –NCUA has filed suit  in federal court against Wells Fargo Bank National Association, alleging the bank violated state and federal laws by failing to fulfill its duties as trustee for 27 residential mortgage-backed securities trusts.

ONTARIO, Calif.—After online voting had to be suspended due to a widespread Denial of Service (DDos) attack that affected multiple sites, CU Direct has awarded Hurley Children’s Hospital and Primary Children’s Hospital $20,000 each as winners of a a contest it staged to mark its 20th anniversary.

WASHINGTON—HEW Federal Credit Union is changing its name to Democracy Federal Credit Union.

OKLAHOMA CITY, Okla.—The Oklahoma State Credit Union Board has announced a 50% discount in assessments collected from all state chartered CUs of $100-milion or less in assets, and a 30% discount for those with more than $100 million in assets.

FRAMINGHAM, Mass.—Giant office supplies retailer Staples has become the latest company to report a data breach, acknowledging that at least 1.16 million customer payment cards may have been compromised.

SAN DIEGO—The 10th Annual San Diego County Credit Union Poinsettia Bowl will kick off tonight at 6:30 PT when the hometown San Diego State Aztecs take on the Navy Midshipmen.

ST. PAUL, Minn.—Mark Cummins, president/CEO of the Minnesota CU Network, has been elected chairman of the Credit Union Legislative Action Council, the PAC for CUNA. Cummins was also recently elevated to serve as second vice chairman of the American Association of Credit Union Leagues (AACUL) executive board, and he serves as chair of CUNA’s Cooperative Alliances Committee and as board secretary of the CUNA Strategic Services board of directors.