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WASHINGTON—In 2016, chief executive compensation at state-chartered credit unions was on average 13.12 times the average employee salary and benefits in 2016, according to a new report that suggests that ratio is actually understated.

HARRISBURG, Penn.–PSECU has announced the 2018 winners of its annual scholarship program.

CHESTERFIELD, Mo.—Members are “the new marketing,” says one company that is advising CUs to invest extra budget dollars in staff training to boost the member experience.

LAKE FOREST, Ill.—The Federal Reserve’s “inability to effectively determine interest rates and manage money” is hurting credit unions’ bottom lines, says one economist.

NEW YORK—JP Morgan Chase Bank is suing Landry's for $20 million in costs related to a 2015 credit card data breach affecting several of the Houston-based hospitality company's restaurants and entertainment venues.

PURCHASE, N.Y.—Mastercard announced the creation of Accelerate, a new initiative to drive growth in fintech industry.

DUBLIN, Ireland–Ireland’s credit unions have again been named by consumers as the most highly regarded brand in the country and the most trusted provider of financial services. 

NEW YORK CITY – Municipal Credit Union has awarded $71,000 in scholarships to college-bound graduating high school seniors: nine memorial scholarship grants of $5,000 each and 13 grants of $2,000 each.

“Limited menu, cash only!” It is a phrase now familiar to millions of Americans that, prior to last year’s detrimental hurricane season, may have harbored illusions about the inequity of disaster.