WASHINGTON—NCUA has won a victory in litigation it is pursuing against several Wall Street banks after the U.S. Supreme Court declined to hear the banks’ appeal of the lawsuit.
Fresh Today
ALEXANDRIA, Va.—The NCUA Board will release its proposal on risk-based capital at its meeting this week on Thursday and interest is so high that the agency has already announced it has added overflow seating for those who plan to be in attendance at its headquarters here for the board meeting.
DEPTFORD TOWNSHIP, N.J.— After 40 years leading South Jersey FCU, CEO Benjamin T. Griffith said he will retire in April 2015. Succeeding Griffith will be Rahul Kachru, who was most recently COO of Long Beach City Employees FCU in California. Griffith is staying on in a consultant capacity to aid in transition to its new chief executive officer.
FORT WORTH, Texas—American Airlines FCU has paid a bonus dividend of $12.7 million to qualified members.
PAHOA, Hawaii—The lava flow on the Big Island here that has forced people from their homes and closed roads has slowed, allowing CU Hawaii to re-open a branch that it had previously closed.
CHICAGO—Have a position to fill at your credit union or company?
LYNCHBURG, Va.—Three employees of Centra Health Credit Union here have been placed on administrative leave following an annual audit.
SAN RAFAEL, Calif.—It took seven years for consumers to regain financial confidence and return to the same level of money anxiety they had on the eve of the Great Recession, according to Dan Geller, who assembles the Money Anxiety Index.
MADISON, Wis. – A.M. Best Company has affirmed the financial strength rating of CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company at “A” (Excellent).
MEDFORD, Ore.—Rogue Credit Union raised more than $24,000 for Rogue Regional Medical Center (RRMC), a local Children’s Miracle Network Hospital, through a month-long Skip-A-Payment promotion.