NEW YORK—Big banks have been closing branches in lower-income areas and shifting more of their attention to wealthier ones, according to a new report.
MINEOLA, N.Y.–The former COO at Winthrop University Hospital Employees Federal Credit Union has pleaded guilty in federal court to embezzling more than $465,000 to fund what prosecutors had called an "extravagant lifestyle.”
LONDON–The increased use of contactless cards in the United States is likely to cause cash usage for everyday transactions to decrease, according to a new analysis.
MADISON, Wis. —The World Council of Credit Unions has announced “four world-renowned speakers” for its 2019 World Credit Union Conference, set for July 28-31 in The Bahamas.
SAN DIEGO–A man who holds a doctorate in psychological and brain sciences has been arrested here and charged in a string of robberies at San Diego-area credit unions over the past few months.
WASHINGTON—Congress held several hearings this week related to the National Flood Insurance Program (where reforms were proposed), and BSA/AML requirements.
BROOKFIELD, Wis.–Fiserv has joined the Financial Data Exchange (FDX) as a sustaining member.
SAN DIEGO–Are there some employees at your credit union particularly good at playing cornhole? There an opportunity to win part of a $20,000 prize for charity if they are.
ST. PAUL, Minn. – After prize giveaways of more than $120,000 during 2018, the Minnesota Credit Union Network said it has awarded a WINcentive Savings 2019 winner with $5,000. The winner is a member of St. Paul Federal Credit Union.
PURCHASE, N.Y.—After years of unsuccessful efforts to enter the Chinese market, Mastercard is trying again by joining with a Chinese company close to the regulator in charge of approving credit card businesses.