State Employees CU of Maryland Selects Student Choice Platform 08/06/2018 07:43 pm LINTHICUM, Md.– State Employees Credit Union of Maryland said it has launched both the in-school private student loan and student loan refinance options last month via the Student Choice platform. The $3.6-billion SECU of Maryland has 258,000 members.
Latest Jobs Data Likely Means Rate Increase Coming in September, Says Analyst 08/06/2018 07:43 pm WASHINGTON—The latest jobs report – showing 157,000 jobs gained in July – keeps the Federal Reserve on course to raise interest rates next month, says one economist.
Ten Years Later, New Answers And Old Questions About A CU Failure 08/05/2018 06:00 pm NEW LONDON–Ten years after the shuttering of a credit union here and the suicide of a long-time investment broker who had committed embezzlement, people in this community continue to have questions about just what took place.
Hughes FCU Intro’s New Checking Program That Also Offers Revenue Opportunities for Small Biz 08/05/2018 06:01 pm TUCSON, Ariz.– Hughes Federal Credit Union has introduced a new checking program that offers revenue opportunities for local small business.
Significant Increase Found In Older Americans Filing For Bankruptcy 08/06/2018 07:43 pm NEW YORK–There has been a two-fold increase in the rate at which Americans age 65 and over file for bankruptcy and an almost five-fold increase in the percentage of older persons in the U.S. bankruptcy system, according to new findings from an ongoing study.
Economy Feeling A ‘Sugar Rush;’ Here’s What Will Likely Follow 08/05/2018 06:02 pm PLANO, Texas–The U.S. economy is in the midst of a “sugar rush” right now, but that feel-good state of affairs could change 18 months from now, one economist will be telling credit unions who are set to meet here.
Mid-Year Data Indicate A Trend Not Seen Since Full House Ruled Airwaves 08/06/2018 07:50 pm WASHINGTON–Should the level of lending at credit unions in 2018 continue through the end of the year it will mark the fifth consecutive year of double-digit loan growth, something not seen since the 1980s.
Two Long Island Credit Unions In Merger 08/05/2018 06:02 pm MEDFORD, N.Y.–Two credit unions on Long Island have announced a merger. The $1-billion Suffolk Federal Credit Union said it is absorbing the $19.5-million Long Island Community FCU.
GAO Says U.S. Remains Vulnerable to Cyberattack; Wants These Steps Taken 08/05/2018 06:02 pm WASHINGTON—The U.S. remains critically vulnerable to cyber attack, according to a report from the Government Accountability Office (GAO), which has identified 10 crucial steps it says agencies need to take as well as four major cybersecurity challenges circling the nation’s information security.
CUs Focused On 3 Races Today, Including Ron Estes Vs. Ron Estes Contest 08/06/2018 07:45 pm WASHINGTON–With primaries and/or special elections taking place in five states today, CUNA and the respective state leagues are actively involved in three of those races.
