SAN ANTONIO–A member of SACU here won the 2016 Ford Mustang that was given away as part of the Cornerstone Credit Union League’s Mustang Mania fundraiser.
ALEXANDRIA, Va.–Credit unions in Nevada and Washington State led the nation in loan growth during the second quarter, while Alaska led in membership growth.
WASHINGTON—The credit union trade groups may be hailing the passage out of committee of the Financial CHOICE Act, but analysts are saying the legislation won’t be going any further.
COLORADO SPRINGS, Colo.–Air Academy FCU said it has “ended its partnership” with Denver Broncos’ linebacker Brandon Marshall after the player knelt during the playing of the national anthem during last week’s NFL opening game, the Super Bowl rematch between the Broncos and the Carolina Panthers.
NEW YORK–Wall Street banks are demonstrating that fintech start-ups aren’t limited to Silicon Valley. Companies such as Zelle and Concord are fintechs that have been launched by the nation’s biggest banks as a means of protecting their own turf and growing their businesses.
MERIDEN, Conn.–Credit unions in Connecticut are working to raise $10,000 for the Connecticut Food Bank in conjunction with the prize-linked savings program Save to Win.
WASHINGTON–Debit card interchange and fee income comprised 30.2% of credit unions’ non-interest income in 2016, according to Callahan & Associates Non-Interest Income Survey.
NEW YORK–The nation’s largest bank, J.P. Morgan Chase & Co., is getting more involved in the car shopping and financing business.
LYNCHBURG, Va.–Three years after Lynrocten FCU here was shut down by regulators due to extensive fraud, some members are still waiting for a payout from their accounts.