Consumers Cooperative CU has unveiled its new logo and tagline and expanded its hours as well as its checking and mortgage products. "We have added Power Pak Plus Checking, an interest-bearing complement to our free checking account product, thereby expanding choices for Members. Consumers Credit Union has also added 100% mortgage financing and interest-only mortgages, both of which were created to expand home-buying opportunities for area residents," said President Sean Rathjen. The new tagline is "your life, our commitment" and reflects the CU's dedication to helping their members in every stage of their lives, Rathjen said.
-
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
7h ago -
The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14.
7h ago -
At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
8h ago -
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
9h ago -
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
11h ago -
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
11h ago