Frontwave CU Sends Detailed Response to Members of Congress Who Have Criticized Its Overdraft Policies
CU Today
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7h ago
OCEANSIDE, Calif.–In response to a letter from six members of Congress who criticized its overdraft policies and alleged it was hurting young members of the military, Frontwave Credit Union has sent a seven-page letter that counters the accusations that have been made about its offerings and says that to the contrary, it is “intently focused” on serving its members ..read more
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‘We Won’t Have Any Credit Unions Left’ if Over-Regulation Doesn’t End, ACU Tells Congress
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7h ago
WASHINGTON—There will not be “any credit unions left” if the over-regulation of the CU community isn’t brought out control, America’s Credit Unions has told Congress ..read more
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NCUA Board to Meet Next Week With Just One Item on Agenda
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7h ago
ALEXANDRIA, Va.—When the NCUA board meets next Wednesday it will have a relatively light agenda, as quarterly briefing on the Share Insurance Fund (SIF) is all that is currently on the schedule ..read more
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CU-Backed Candidates Win Races in Primaries; CU CEO Wins Election and Now Moves on to General
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7h ago
WASHINGTON—All seven credit union-supported candidates won in this week’s primary elections in Maryland, Nebraska, and West Virginia, America’s Credit Unions reported ..read more
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Additional Oversight of CDFI Fund is Urged by ACU
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7h ago
WASHINGTON—The House Financial Services Committee was told the Community Development Financial Institution (CDFI) Fund needs additional oversight so it can effectively support underserved communities, according to America’s Credit Unions ..read more
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CU Card Spend Was Up ‘Modestly’ YoY, Velera Reports; Plus, a Deep Dive into Grocery Spend
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7h ago
ST. PETERSBURG, Fla.– During April growth rates among credit union cardholders were positive, but only up “modestly” year over year, according to Velera ..read more
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Ex-CU Employee Gets Near 3-Year Sentence in Scheme That Stole $2 Million
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7h ago
CARMEL, Ind. — A former credit union employee has been sentenced to nearly three years in prison after pleading guilty to participating in a scheme that stole $2 million from members ..read more
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Corporate Central Holds Annual Meeting; Elects New Board Members
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7h ago
LA CROSSE, Wis.–Corporate Central hosted its 43rd Annual Meeting at the La Crosse Center here, as it participated in the Wisconsin Credit Union League’s Annual Convention & Exposition. In addition to the in-person attendees, the meeting was also broadcast via a live stream on YouTube ..read more
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Northeast Community CU Launches ‘Buy Local, Spend Local’ Promotion for its Debit Card
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7h ago
ELIZABETHTON, Tenn.–Northeast Community Credit Union has launched a new “buy local, spend local” campaign for holders of its debit cards ..read more
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Ranqx, a Provider of a Business Lending Platform, Names Seth Brickman as CEO as It Expands in U.S.
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7h ago
NASHVILLE, Tenn.–Ranqx, a business lending platform, has named Seth Brickman as its new president. Brickman most recently was president of QCash ..read more
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