Fresh Today

DURHAM, N.C.—Duke University FCU has named Daniel Berry as its new president/CEO effective Dec. 1.

WASHINGTON--The U.S. Department of the Treasury is soliciting comments concerning the Community Development Financial Institution (CDFI) Certification Application process.

BIRMINGHGAM, Ala.—During a year in which consumers are increasing their revolving debt, credit card debt fell slightly in August for the first time since February.

WASHINGTON—The Consumer Financial Protection Bureau has announced a new Project Catalyst research pilot to examine the effectiveness of early intervention credit counseling for consumers who are at risk of default on their credit card debt.

 

WASHINGTON—Large banks now have stronger balance sheets as they emerge from the financial crisis, but work remains to be done in adjusting business models to reflect new economic realities of lower profitability and greater regulatory requirements, according to a new report from the International Monetary Fund.

 

SPOKANE, Wash.—Credit unions were urged to build their digital marketing expertise during the Northwest Credit Union Association’s (NWCUA) Amplify Convention here.

 

BETHPAGE, N.Y.--Kirk Kordeleski has stepped down as president and CEO of New York's largest credit union, Bethpage FCU, citing health reasons.