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MOORE, Okla. – As many as 26 credit union employees may have been personally affected by the tornadoes that have leveled much of this town.
MOORE, Okla. — Employees of Tinker FCU who rode out the tornado that leveled their credit union branch in the building's vault remained into the night Monday to make sure member deposits and safe deposit boxes were protected.
MOORE, Okla. — With credit unions, their employees and members in this Oklahoma City suburb digging out this morning from the devastation caused by tornadoes here, Credit Union Journal has learned that at least one credit union office has been destroyed.
WASHINGTON – The Consumer Financial Protection Bureau has revised its final rule on remittances to make it less burdensome for financial institutions, but it still will have a significant – though unclear – impact on international money transfers, according to analysts.
MADISON, Wis. – Kids deposited $25.2 million into share and savings accounts as the result of the recent National Youth Savings Challenge, according to CUNA.
ATLANTA – Strong demand for new cars has boosted consumer borrowing to its highest level since 2008, according to a new report from Equifax.
CARPENTERIA, Calif. – All general purpose credit, debit, and prepaid cards issued in the U.S. (both consumer and commercial) generated $4.202 trillion in purchase volume at merchants in 2012, up 7.8% over 2011, according to new data released by The Nilson Report.
AURORA, Ill. – The former president of Aurora Firefighters Credit Union, Anne Schaal, has pleaded not guilty to charges she misused and embezzled money from the credit union.
ARLINGTON, Va. – In a letter to Congress, NAFCU is urging it to take data breaches as seriously as it has been taking cyber-security-related issues.
PHOENIX – The best way for credit unions to avoid running afoul of examiners when it comes to their allowance for loan and lease losses is to document, document and then document some more.
PHOENIX – As two major accounting standards groups attempt to improve the quality of financial instrument reporting, one expert said new problems are being created.
MOORE, Okla. – The massive, mile-wide tornado packing 200-mile-per-hour winds that roared through the suburbs of Oklahoma City and leveled the town of Moore, killing 24 people at last report, has damaged at least one CU office.
WASHINGTON – Two consumer advocacy groups are urging NCUA to crack down on nine credit unions that allegedly engage in usurious lending practices akin to payday lending.
EL SEGUNDO, Calif. – Employee financial wellness improved in the first quarter of 2013, extending a long-term trend that began in the first quarter of 2010, according to financial wellness program provider Financial Finesse.
LANSING, Mich. – The $540-million LAFCU here is absorbing via merger $22-million Centel Credit Union.
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