Fresh Today

Fresh Today

ONTARIO, Calif.--CU Direct, a provider of lending, automotive and strategic solutions to credit unions, is celebrating its 20th anniversary by holding a contest to donate $20,000 to one of the nation’s Children’s Miracle Network (CMN) hospitals.

GENEVA, N.Y.—Bob McFadden, whose father, Gene, was the founder and first president of Finger Lakes FCU here, will indeed follow in his father’s footsteps when he takes over as president/CEO here later this week.

NEW YORK—Pace University won the 11th annual national College Fed Challenge this week, a competition that encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System.

WASHINGTON—Current CUNA CEO Jim Nussle and former CUNA CEO Dan Mica, both former members of Congress, will be participating in a panel discussion here on the “Hollywood-ization” of Congress and how misperceptions can affect advocacy efforts.

DETROIT--The Michigan Department of Insurance and Financial Services has  liquidated the Metropolitan Church of God Credit Union here and appointed NCUA as liquidating agent.

MADISON, Wis.—Adjustable-rate mortgages continue to drive fast-paced credit union loan growth, as overall outstanding loan balances grew by 0.8% in October, according to CUNA.

ST. PAUL, Minn.—A federal judge here on Tuesday refused to dismiss a lawsuit filed against Target Corp. by a number of banks that are suing over allegations they lost money due to the massive Target data breach around Thanksgiving of 2013.