IRVINE, Calif.—There were 39,000 completed foreclosures nationwide in December 2014, down from 46,000 in December 2013, a year-over-year decrease of 13.7% and a decrease of 66% from the peak of completed foreclosures in September 2010, according to CoreLogic’s December National Foreclosure Report.
ALBUQUERQUE, N.M—A bill has been dropped in the New Mexico legislature that would require businesses to notify customers of data breaches when their credit information is stolen.
MADISON, Wis.—Stephanie Sievers, CEO of the $108-million ANECA FCU in Shreveport, La., has won a contested election for CUNA's District 3, Class A board seat.
SAN FRANCISCO—Wells Fargo is letting customers withdraw rewards earned on its credit cards for cash at an ATM at any of its 12,500 ATMs.
ARLINGTON, Va.—While supportive of a faster payments system, NAFCU remains concerned with implementation of same-day ACH.
VIRGINIA BEACH, Va.—Brian Schools has been named president of the $2-billion Chartway FCU.
LAKE JACKSON, Texas—Texas Dow Employee Credit Union is teaming up with the Elements of Money program to offer high school juniors and seniors the opportunity to win financial scholarships in the sixth annual Tweet for College Scholarship challenge.
LONG ISLAND CITY, N.Y.—United Nations Federal Credit Union has created the UNFCU Foundation, a non-profit whose purpose will be to help reduce poverty through education and healthcare programs, especially among women and children in developing countries and in New York City.
PLANO, Texas—MARQUIS, a provider of data analytics/MCIF solutions, direct marketing services, and compliance solutions, said it added 13 new clients over the past quarter, including two credit unions.
WASHINGTON—In testimony before the Senate Banking, Housing and Urban Affairs Committee today during a hearing on regulatory relief for community banks and credit unions, NCUA’s Larry Fazio said the agency has been taking steps to appropriately “scale” its oversight and to better “calibrate” its rules.
