Oklahoma CU Says It Will End Service to Medical Marijuana Businesses 09/30/2019 08:06 pm TULSA, Okla.–A credit union here has informed its members it will no longer serve medical marijuana businesses.
FHFA Instructs FHLBs to Stop Using LIBOR 09/30/2019 08:07 pm WASHINGTON—The Federal Housing Finance Agency (FHFA) is instructing the Federal Home Loan Banks (FHLBs) to soon stop investing in and entering into transactions that are tied to the London Interbank Offered Rate (LIBOR).
Congress Back Home for Two Weeks; CUNA to Host Simulated Ransomware Attack At CU House 09/30/2019 08:09 pm WASHINGTON–With Congress home on recess for the next two weeks, both CUNA and NAFCU are urging their member CUs to be in contact with their representatives on several issues.
CU REVL Acquires Assets of cuLearn 09/30/2019 08:06 pm RICHARDSON, Texas—CU REVL, LLC has acquired the assets of cuLearn, a CUSO focused on private education loan origination, the company said.
Eastman CU’s Jones Announces Retirement Date 09/30/2019 08:07 pm KINGSPORT, Tenn.–Olan O. Jones, Jr., president and CEO of Eastman Credit Union, has announced plans to retire.
Citigroup Raising Interest Rates on Some Card Accounts 09/30/2019 08:06 pm NEW YORK—Just in time for the holiday shopping season, Citigroup has announced it is raising interest rates for some of its credit card accounts.
In Era of Digital Disruption, One Company Aims to Do a Little Disrupting Itself 10/02/2019 05:08 pm If you’ve ever read any product announcement from CO-OP Financial Services or attended one of its events, you will in short order read or hear about the risk to the credit union business model from “digital disruption.”
Hopewell FCU HiresKotewicz as a Teller 10/02/2019 04:11 pm JOHNSTOWN, Ohio--Hopewell Federal Credit Union has hired Taryn Kotewicz as a teller.