SACRAMENTO, Calif.–A former executive with the NBA’s Sacramento Kings has pleaded guilty to stealing money from two of the team’s top two sponsors, one of which is The Golden 1 Credit Union.
THE news
LAS VEGAS–Some of the nation’s hottest real estate markets are cooling off. A slowdown in sales is being seen in markets that include Las Vegas and Phoenix, where prices still haven’t reclaimed their pre-housing crisis peaks.
ALEXANDRIA, Va.–During its meeting here, the NCUA board voted to slightly lower the Normal Operating Level of the NCUSIF and voted to publish the second report from its Regulatory Reform Task Force.
WASHINGTON—Fifty-eight percent of registered voters strongly or somewhat support more government regulation and oversight of some large banks, according to one new survey.
WASHINGTON—Outstanding consumer credit at credit unions grew at a faster rate in October, according to the Federal Reserve.
KELSO, Wash.–More than 89 cases of fraudulent ATM withdrawals have been reported in Cowlitz County here since early December, with members of at least four credit unions affected.
ARLINGTON, Va.—Total vehicle sales exceeded expectations in November, holding at a rate of 17.5 million annualized units, while the average price for new cars hit a new high.
WASHINGTON–In the wake of the data breach involving Marriott hotels, NAFCU has sent a letter to members of the House Financial Services Committee and the Senate Banking Committee that reiterates its call for a national data security standard for entities that collect and store consumers’ personal and financial information.
BRUSSELS —The European Parliament Credit Union Interest Group met here with the European Network of Credit Unions to discuss limiting regulatory burdens on credit unions as a means of promoting access to financial services for ordinary Europeans.
VENTURA, Calif.–With the most recent of the devastating fires in California still burning but now all contained, credit unions in the affected areas continue to offer assistance as both the CUs and their members sort through the extensive damage and work to recover.