LIVONIA, Mich.–Credit unions in this state returned $423-million in benefits to 5.4 million members during 2018, according to new analysis released by the Michigan Credit Union League.
TAVARES, Fla.–The Lake County School Board and Insight Credit Union have entered into an agreement with Insight Credit Union under which Lake Minneola High School students will operate a “laboratory branch” of the credit union at the school beginning in 2020.
WASHINGTON–Mastercard, in collaboration with Microsoft, Workday and the nonprofit, nonpartisan Partnership for Public Service has launched the Cybersecurity Talent Initiative, which it said is a first-of-its-kind public-private partnership to recruit the nation’s best minds to defend against global cyberattacks, the company said.
SAN FRANCISCO—Wells Fargo announced it will begin rolling out contactless credit and debit cards.
WOODSTOCK, Ga.–Credit Union of Georgia has unveiled a new logo to replace an image that is widely used across this state. The $321-million credit union’s new logo features the letters C and G in the form of a monogram.
HOBOKEN, N.J.–A new analysis offers insights into Millennials and their investing behavior, finding among other things the cohort appears to be better at saving for retirement than earlier generations.
NEW YORK—One in every 99 emails is a phishing attack, a new report reveals.
WASHINGTON—The Department of Justice announced that General Electric (GE) will pay a civil penalty of $1.5 billion under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) to resolve claims involving subprime residential mortgage loans originated by WMC Mortgage (WMC), a GE subsidiary.
MADISON, Wis.–After a torrid start to 2018, perhaps it’s no surprise credit union membership gains have slowed significantly during the first two years of 2019 when compared with one year earlier, a newly released analysis shows.
WASHINGTON–The D.C. Circuit Court of Appeals heard oral arguments yesterday in a lawsuit by the American Bankers Association that challenges NCUA’s new field-of-membership rule.