Advanced search

BOULDER, Colo. – Elevations Credit Union said it is acquiring the assets of Greeley, Colo.-based Cache Bank & Trust.

JACKSON HOLE, Wyo.—With the Federal Open Market Committee meeting here this week as part of its annual retreat, newly released minutes from its July meeting show strong internal divisions over whether to cut rates.

WASHINGTON—Existing home sales grew 2.5% during July, according to data from the National Association of Retailers.

CINCINNATI—Consumers are willing to pay more for a leased auto today, while the strong interest in crossover vehicles in finally slipping.

ST. LOUIS–This summer, Anheuser-Busch Employees' Credit Union and its divisions, American Eagle Credit Union and Purina Credit Union, hired six college students as paid interns, providing immersive, real-world experiences for future professionals in the St. Louis community.

NASSAU, Bahamas–With Hurricane Dorian finally leaving the islands of the Bahamas, credit union organizations and the World Council are working to assess damage.

LONG ISLAND, N.Y.—NEFCU has selected Fiserv as its new core processor.

NEW YORK—Some Canadian consumers have had their credit card debt erased by one bank. Chase Bank says it is forgiving all outstanding debt owed by users of its two Canadian credit cards as it exits the market.

WASHINGTON—Fifty-one attorneys general and 12 of the largest telephone companies in the U.S. have signed a pledge to combat illegal robocalls by implementing call-blocking technology at no cost to consumers and a new caller identification framework known as SHAKEN/STIR.

COPENHAGEN, Denmark–While inconceivable to many Americans, a Danish bank has introduced a new mortgage with a negative interest rate. In other words, borrowers pay less on the mortgage than the amount borrowed, not including one-time fees.