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WESTIMINSTER, Colo. – Two men jumped a teller counter here yesterday and showed weapons to employees during a robbery.
August 10 -
AUSTIN, Texas – University Federal Credit Union (UFCU) here said it will open three branches by deploying a tellerless environment.
August 10 -
PITTSBURGH – The president of one major mortgage lender believes the downgrade by S&P of U.S. debt will actually be a boost to mortgage refinancings.
August 10 -
ILLAWARRA, Australia – An Australian credit union is trying to recover after several hundred members were victimized by a card-skimming operation.
August 10 -
WEST PALM BEACH, Fla. – How did one credit union improve service, cut its costs and automate its processes? Credit Union Journal will highlight how Affinity Plus FCU did just that in a free, one hour webinar to be held Aug. 23 at 11 a.m. ET.
August 10 -
ARLINGTON, Va. – The National Cooperative Bank and The Members Group, a subsidiary of the Iowa league, yesterday formalized an agreement in which the NCB will provide for the delivery of correspondent services to Iowa credit unions.
August 10 -
ALEXANDRIA, Va. – In the wake of the downgrade in U.S. debt by Standard & Poor’s, NCUA Chairman Debbie Matz has issued a statement in conjunction with other federal agencies seeking to “reassure their regulated institutions that risk weights remain unchanged.”
August 10 -
SAN DIMAS, Calif. – Several sources have indicated that Western Bridge Corporate FCU, the former WesCorp, has been telling credit unions it will not reach the capital raising goal by Aug. 31 that is established to recharter itself as a free-standing corporate called United Resources Corporate FCU.
August 10 -
An item in the August 5 Daily Briefing incorrectly reported the field of membership for Hoya Federal Credit Union. HFCU serves the employees, faculty and staff of Georgetown University.
August 9 -
LEESBURG, Fla. – Police here are searching for one or more suspects who are believed to have shot a woman while she was using a drive-through ATM at Insight Financial Credit Union.
August 9 -
WASHINGTON – Post Durbin, the focus must be on building relationships to enhance profitability, and financial institutions will drive that online as much as in-branch, at least one analyst is stressing.
August 9 -
MADISON, Wis. – As Credit Union Journal has reported, ongoing lawsuits continue to be filed against financial institutions for failing to properly disclose ATM fees.
August 9 -
DALLAS – The Federal Reserve’s Open Market Committee has cited its intention to keep its benchmark overnight target rate at least until mid-2013, noted Brian Turner, director of Advisory Services at Southwest Corporate, in analysis yesterday.
August 9 -
CHARLOTTE, N.C. – Even the most affluent consumers are now expressing more concerns about how long their retirement assets will last.
August 9 -
INDIANAPOLIS – Many of the bank customers responsible for the biggest overdrafts aren’t broke, they just happen to be big spenders.
August 9 -
OAK PARK, Ill. – A new study of mobile banking applications from major banks gave 25% a “fail” rating following a security audit.
August 9 -
DURHAM, N.C. – A new study has concluded that robberies against Latinos in Durham, N.C., decreased approximately 14% between 1999 and 2002, the latter being the year Latino Community Credit Union opened.
August 9 -
SAN FRANCISCO – Visa yesterday announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States.
August 9 -
ALEXANDRIA, Va. – NCUA on Tuesday filed suit in California against New York firm Goldman Sachs & Co., alleging violations of federal and state securities laws, as well as misrepresentations in the sale of securities to now-failed U.S. Central and Western Corporate federal credit unions.
August 9 -
WASHINGTON – Two more banks have failed, with an estimated cost to the FDIC of approximately $160 million.
August 8