SYDNEY-- Three-quarters of respondents to a survey commissioned by the Customer Owned Banking Association (which includes credit unions) say the big banks do not disclose their ownership of alternative banking brands clearly enough, which the credit union lobby group says is restricting genuine competition.
THE globe
CU News From Around the Planet
MILAN, Italy—A significant number of workers at credit unions here have gone on strike to protest a contract decision taken by the Federcasse national association of credit unions, according to the workers’ labor union, Fabi.
LONDON—After reporting that “bureaucratic bungling” had led to one CU’s inability to get back £60,000 being held by Barclay’s Bank, the Islington Tribune is being credited for helping to get the funds return.
WASHINGTON, D.C. — Male and female U.S. credit union leaders gathered at the Washington Convention Center here for the Global Women’s Leadership Network.
WASHINGTON—Credit unions in the U.S. were urged to play a greater role in spreading financial inclusion, democracy and freedom around the world by the chairman of the World Council of Credit Unions.
DUBLIN-Ireland’s credit unions are emerging from seven years of difficult times with growing membership, increased savings, and decreased delinquencies, according to the latest numbers here.
MADISON, Wis. — World Council of Credit Unions is now inviting eligible female credit union leaders to apply for the 2015 Global Women’s Leadership Network Scholarship. Applications are due by April 3, 2015.
AUCKLAND, N.Z.—A former credit union employee here has won a $160,000 settlement in a case that began with the F word and a CU’s name being written in cake icing.
DUBLIN, Ireland—Plans are afoot here to have credit unions issue 500,000 new debit cards over the next five years as part of a new project.
PORT OF SPAIN, Trinidad—Credit unions here continue to fight legislation that would transfer regulation to the Central Bank.
