SOUTH JORDAN, Utah–Jordan Federal Credit Union is offering $100 to teens age 14-19 for opening a checking account during August and September.
Fresh Today
DULUTH, Ga. – The African-American Credit Union Coalition (AACUC) and the Georgia United Credit Union Foundation have announced the Dr. James Williams HBCU Scholarship, which honors Georgia United’s first African American board member.
WASHINGTON—As a result of a Federal Trade Commission lawsuit, the owners and operators of a “sprawling” credit repair operation known as Financial Education Services (FES) will end the practices that the FTC alleged created a pyramid scheme and also violated the Credit Repair Organizations Act.
WASHINGTON—The Federal Reserve has issued final joint guidance to help certain large banks further develop their resolution plans.
WASHINGTON–The July 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) has found few changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months.
PASADENA, Calif.–Wescom Credit Union has become the latest CU to say it is no longer charging non-sufficient funds fees.
WASHINGTON–While there are growing calls for the Federal Reserve to cut rates—including ahead of its next scheduled meeting in September—many of the nation’s banks are saying it will take more time than many expect for any relief to be visible, according to a new report.
KANSAS CITY, Mo.–The former vice president of a credit union has filed a lawsuit against her former employer, Kansas City Credit Union, alleging it violated the state’s whistleblower rules and federal law on money laundering after she was pressured to open accounts for friends of the CEO who were in marijuana-related businesses.
HOOVER, Ala.–Avadian Credit Union has named a new president and CEO to succeed Linda Cencula, who is retiring at the end of 2024.
ALLENTOWN, Penn.–First Commonwealth FCU has notified members of a data breach in which hackers were able to access members’ personal and financial account information.