EL PASO, Texas—The $518-million Teachers FCU here said it will be absorbing via merger the $61-million Golden Key FCU.
TOLEDO, Ohio—Five credit unions have recently announced new CEOs.
VANCOUVER, Wash.—A man who allegedly robbed a branch of iQ Credit Union here and who stabbed another member in the stomach before fleeing has been arrested.
BOISE, Idaho/SEATAC, Wash.—The Northwest Credit Union Association and the Idaho Credit Union League reported they are working together on a video conferencing initiative that will allow member credit unions to meet with colleagues, share experiences, and create value-added forums for change and talent development.
FARMERS BRANCH, Texas – The Cornerstone Credit Union League said it will join the Home Depot class action lawsuit as a plaintiff.
NEW YORK—After threatening to sue New York City last month for allowing “illegal hails” at the popular ride-sharing service Uber, Melrose Credit Union has taken legal action, and has been joined in the suit by three other CUs that make taxi medallion loans.
WASHINGTON—Americans are feeling more positive about their finances and especially optimistic about their future prospects, even though half report not having enough money to cover a $400 expense.
CHARLOTTESVILLE, Va.—The three biggest banks in the U.S., JPMorgan Chase, Bank of America and Wells Fargo, made more than $1.1 billion in overdraft fees during the first three months of 2015, according to research by SNL Financial.
WASHINGTON—Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $39.8 billion in the first quarter of 2015, up $2.6 billion (6.9%) from a year earlier.
WASHINGTON—CUNA has sent a letter to the CFPB in response to the agency Request for Information (RFI) on the potential collection and sharing of consumer compliments about providers of consumer financial products and services.