With CUs In DC This Week, Thoughts On Congress, Gridlock & What Can Be Done 02/20/2016 09:21 am WASHINGTON–Thousands of credit union reps will head to Capitol Hill this week for an annual celebration of democracy—and frustration. Gridlock in Washington has made it nearly impossible to get any legislation through Congress, and there is no better example than CUs, which combine a grassroots army with large political action committee funds. What can be done?
Holy Marvin Gardens! Monopoly Turns To Plastic (And Fluctuating Values!) 02/25/2016 08:39 pm PAWTUCKETT, RI—Monopoly, one of the world's most popular board games, is following the worldwide move toward a cashless society by bringing credit cards to the game.
Members 1st CU Names CEO to Succeed Retired Moore 02/25/2016 08:40 pm REDDING, Calif. — Members 1st Credit Union’s long-time CEO, Mark Moore, has retired, and his successor has been named.
…While, No Joke, Life In Parents’ Basements Is Hurting Housing 02/25/2016 08:41 pm WASHINGTON–The frequent jokes about Millennials living with their parents are turning out to be true—and not so funny for the housing market.
Millennials Show Strong Preference for Prepaid Cards… 02/25/2016 08:41 pm PHILADELPHIA—Add Millennials to the growing group of consumers who like prepaid cards.
Workers Credit Union Announces Year-End Special Dividend 02/25/2016 08:42 pm FITCHBURG, Mass.– For the third year in a row, Workers' Credit Union has paid its members a bonus dividend.
Stop (And Worry!) If You’ve Seen This Before 02/25/2016 08:42 pm MIAMI–Stop (and worry) if you’ve seen this before: house flipping is back.
Report Finds Some Commonalities In Study of More Than 3,000 Phishing Attacks 02/25/2016 08:44 pm MIAMI—A new research report that examined 3,030 phishing attacks against a top 25 U.S. bank said it has been able to group phishing sites into three main clusters.
UBS Offers NCUA $33-Million Judgment 02/26/2016 10:01 am NEW YORK–UBS AG has made an offer of judgment to NCUA for $33 million, plus prejudgment interest, to resolve a lawsuit filed by NCUA over the sale of mortgage-backed securities sold to corporate credit unions that later failed.
Housing Construction Surges During January 03/03/2016 08:29 pm WASHINGTON–Housing continues to be robust, with construction spending surging in January to the highest level since 2007.