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SAN DIEGO-The only major college bowl game sponsored by a credit union, the San Diego County Credit Union Poinsettia Bowl, will kick off tonight at 8 p.m. EST. The game, in its sixth year of existence, will feature an 8-3 Navy team against the 8-4, hometown San Diego State team.
December 22 -
HARRISBURG, Penn.-Pennsylvania Gov.-elect Tom Corbett has nominated Glenn Moyer to be his Banking Secretary.
December 22 -
KNOXVILLE, Tenn.-A woman who was shot during a robbery attempt while using an ATM at TVA Employees Credit Union here has died.
December 22 -
CHICAGO-The national 60-day auto delinquency rate (the ratio of auto loan borrowers 60 or more days past due) rose 9.4% between the second and third quarters of 2010 to 0.58%, according to a TransUnion quarterly analysis of trends in the auto industry.
December 22 -
PROVIDENCE, R.I.-The ranks of the appraisal profession are shrinking fast. For home lenders, that spells higher costs, longer turnaround times and poorer appraisal quality in future years.
December 22 -
MUSKEGO, Wis.-Corporate Central CU reported its members have contributed more than $60 million in perpetual contributed capital (PCC) since a capital building effort was launched in July 2009.
December 22 -
WASHINGTON-If the Federal Deposit Insurance Corp. has its way, federal regulators would not wait for Congress to create national servicing standards, but instead write such rules as part of risk retention guidelines set to be released soon.
December 22 -
ARLINGTON-Existing home sales in November rose by 5.6% to an annualized 4.68 million units, seasonally adjusted, according to NAFCU, but that volume still lags.
December 22 -
WASHINGTON-The Federal Housing Finance Agency finalized three rules on yesterday, including one that requires Fannie Mae and Freddie Mac to reduce the size of their portfolios.
December 22 -
BATON ROUGE, La.-Rates and terms for high-interest checking accounts could be on the chopping block thanks to the proposed interchange cuts.
December 22 -
WASHINGTON – The U.S. Treasury Department has issued a new rule phasing out paper checks for federal benefit payments, a move the agency says will save Social Security $1 billion.
December 21 -
WESTBOROUGH, Mass. – The Massachusetts Credit Union Share Insurance Corporation (MSIC) has rebated $9.85 million of excess assessments to its member credit unions.
December 21 -
ST. JOSEPH, Mich. – The $1.2-billion United FCU here has selected the Miser core processing solution from FIS.
December 21 -
TAMPA, Fla. – Card Services for Credit Unions (CSCU) has awarded $10,000 in Community Outreach Scholarships to 13 credit unions.
December 21 -
PARMA, Ohio – Thanks to Unity Catholic FCU, a needy family will have plenty of food and gifts this holiday season.
December 21 -
EASTMAN, Tenn. – The $2.2-billion Eastman Credit Union will absorb via merger $11-million Holston Valley Credit Union as a result of the death of HVCU’s longtime manager, Sam Tuell.
December 21 -
WASHINGTON – In the wake of NCUA’s new requirements for financial literacy standards for CU board members, CUNA is making available a “CUNA Board Financial Literacy Certificate.”
December 21 -
HARRISBURG, Penn. – Test results show credit union employees in this state have improved their financial literacy.
December 21 -
MIDDLETOWN, Penn. & LYNCHBURG, Va. – The $3.2-billion Mid-Atlantic Corporate FCU and $1.2-billion VACORP FCU have announced plans to merge, with Mid-Atlantic Corporate to be the surviving charter.
December 21 -
WASHINGTON – Contrary to expectations, the Federal Reserve Board’s draft report on debit interchange did not resolve the debate on the cost of fraud in card payments.
December 21