PITTSFIELD, Mass.—Greylock Federal Credit Union is set to open a new facility here it says is more than a branch—it’s a Community Empowerment Center that will offer free counseling to help residents–especially the underserved and underbanked–in determining their financial futures. The new branch is set to open in several weeks.
WASHINGTON–The Consumer Financial Protection Bureau said it is establishing a task force to “examine ways to harmonize and modernize federal consumer financial laws.”
ROCHESTER, N.Y.–A trial of man charged with murder during a credit union robbery more than 15 years ago has resurrected a frightening day for many, including a former CU employee who said she wondered what it would “feel like to get shot myself.”
ARLINGTON, Va.—On a seasonally adjusted basis, overall consumer prices were unchanged in September, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew 1.8% over the 12-month period.
CAMBRIDGE, Mass.–A significant number of younger workers are reporting they have experienced mental health challenges and feel there is a “stigma” when it comes to reporting those challenges at work.
WASHINGTON—A pair of anti-money laundering bills are expected to be merged and head to the House floor soon after Congress returns from recess this week.
WASHINGTON–The CEO of Georgetown University Alumni and Student Federal Credit Union has been suspended amid allegations of what’s been described as a “toxic work environment” and “instances inappropriate touching in social settings.”
ARLINGTON, Va.—Transfer warranties and presentment warranties can affect the model Uniform Commercial Code's (UCC) allocation of loss rules for fraudulent and altered checks, NAFCU is reminding.
WINSLOW, Maine–Two Maine credit unions have announced plans to merge. The $43-million Winslow Community FCU and the $44-million Connected Credit Union said they plan to combine operations. Both boards have signed off on the deal.
ST. PAUL, Minn.– Affinity Plus Federal Credit Union has entered into a new pilot program with Metropolitan State University to offer a two-year MBA program for its employees. Affinity Plus said it will be paying the cost of each employee’s tuition.