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WILMINGTON, Del. A federal court has ruled against the former CEO of Diamond State FCU who claims the successor to her credit union, Sussex County FCU, owes her more than $535,000 in retirement and health care benefits after it terminated her.
October 1 -
ORLANDO, Fla. Sperry Associates FCU won a $4.5-million default judgment in a four-year-old suit over loan participations the New York credit union purchased from CU Business Capital LLC, a member business loan CUSO owned by defunct Eastern Financial Florida CU.
October 1 -
WASHINGTON The Department of Housing and Urban Development has reached agreements to settle two Fair Housing Act complaints against CMG Mortgage Insurance Company over coverage for a borrower on maternity leave.
October 1 -
WASHINGTON The government may be in shutdown mode but not the decades-old battle between credit unions and bankers, with the American Bankers Association on Tuesday calling on lawmakers to add the repeal of the credit union tax exemption to the impending tax reform bill.
October 1 -
Credit unions should be offering more insurance and investment services and need to do a better job making members aware of these offerings.
October 1 -
WASHINGTON The Department of Housing and Urban Development announced it has reached agreements to settle two Fair Housing Act complaints against CMG Mortgage Insurance Company, the nations largest provider of private mortgage insurance to credit unions, over coverage for a borrower on maternity leave.
October 1 -
TAMPA, Fla.In 2004 Charles Schwab began to notice a high level of customer defection, with more than 700,000 customers closing out their accounts that year. Unsure where to turn, it brought back the companys namesake as CEO.
October 1 -
ORLANDO, Fla. A federal court here awarded Sperry Associates FCU a $4.5 million default judgment in a four-year-old suit over loan participations the New York credit union purchased from CU Business Capital LLC, the member business loan CUSO owned by defunct Eastern Financial Florida CU.
October 1 -
WASHINGTON With the federal government now shut down, many government services and agencies are closed, suspended or otherwise impacted.
October 1 -
BALTIMORE Horsetail Technologies, which partnered with Credit Union Journal on the 2012-13 $100,000 Extreme Network Makeover promotion, is looking for new partners for the next event.
September 30 -
IRWINDALE, Calif. SCE Federal Credit Union Foundation, a non-profit financial institution dedicated to educating communities in Los Angeles and Las Vegas about personal finance, on Monday announced its new name Center for Financial Empowerment (CFE).
September 30 -
PLANO, Texas Consumer spending is still lagging during a still-tepid recovery, leaving Gross Domestic Product growth for 2013s second quarter stuck at previously released estimates.
September 30 -
BOSTON IC Federal Credit Union took a top prize at the New England Financial Marketing Association awards last week for its recent YouTube Gen Y campaign.
September 30 -
ALEXANDRIA, Va. NCUA has banned two former credit union employees from working at any federally insured financial institution:
September 30 -
SAN BERNARDINO, Calif. The demise of free checking might be greatly exaggerated, as big banks are now holding the line on the sticky product.
September 30 -
WASHINGTON The NCUA will remain open in the event of a government shutdown, but the ongoing fiscal battle in Congress still could have significant implications for the credit union community.
September 30 -
SAN BERNARDINO, Calif.Big banks are now holding the line on free checking. After a steep decline in the percentage of free checking accounts, 38% of checking accounts offered by major banks are free, down just one percentage point from last year, according to Bankrate.coms 2013 Checking Survey.
September 30 -
SourceMedia, a B2B information, marketing solutions, research and events company serving the financial services industry, last week announced the appointment of Marian Raab as Editor in Chief of Credit Union Journal.
September 30 -
Alcoa Tenn FCU makes no bones about why its Fairview branch is successful-business is booming thanks to the big retail store right across the street.
September 30 -
About six miles from Peterson Air Force base and nine from the Fort Carson Army Post, the Jet Wing Service Center of Ent FCU has a rock-solid segment of its membership that it not only counts on for loans and deposits, but even some free marketing, as well.
September 30
