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ST. PAUL, Minn. – The Minnesota Credit Union Network (MnCUN) has joined with other organizations to launch a fraud prevention campaign themed, “No More Minnesota Nice.”
November 25 -
VANCOUVER, Wash. – iQ Credit Union reported it is rebranding 14 additional ATMs at Walgreens stores in Clark County as its own.
November 25 -
WASHINGTON – NAFCU Services Corp. has announced plans to sponsor a national competition to develop 30- or 60-second videos that can be used by credit unions across the country on TV/cable and online to increase brand awareness and compete more effectively in their core markets.
November 25 -
JANESVILLE, Wis. – Just in time for the holidays, and before more members lose their homes, Blackhawk Community Credit Union here has placed a temporary halt on foreclosures.
November 25 -
WASHINGTON – Bank and thrift earnings slid a whopping 94% in the third quarter from one year earlier, to $1.7 billion, according to data released by the Federal Deposit Insurance Corp. (FDIC).
November 25 -
WASHINGTON – The Federal Reserve Board yesterday unveiled a plan to begin purchasing the debt of Fannie Mae, Freddie Mac and the Federal Home Loan Banks – a move driven in part by the high cost of funding for the government-sponsored enterprises.
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DULUTH, Ga. – Credit unions here helped staff a “radiothon” benefiting Children’s Miracle Network, and over the course of three days raised $825,000 for the cause.
November 25 -
ERIE, Penn. – Erie Federal Credit Union is unveiling a new financial literacy website at www.teachmeaboutmoney.org designed to teach all ages and levels of financial education.
November 25 -
SACRAMENTO, Calif. – The Golden 1 Credit Union is launching a discount auto buying program designed to help members reduce the cost and time needed for their next car purchase.
November 25 -
WASHINGTON – Retailers can expect a red Christmas if consumers make good on their plans to sharply reduce their holiday spending as reported in the ninth annual holiday spending survey conducted by the Consumer Federation of American and CUNA.
November 25 -
WASHINGTON – It isn’t just stockholders and the federal government that are on the hook in the plan to shore up Citigroup: other banks are, as well.
November 25 -
LEAVENWORTH, Kan. – A thief who used a stolen skid loader to pry loose an ATM then tried to roll down a hill to break it open ended up crashing down that same hill and trapping himself until police arrived.
November 25 -
SAMFORD, Fla. – At least eight members of Seminole Schools FCU have had their accounts emptied out as the result of what’s believed to be a skimmer scam.
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MUSKEGO, Wis. – Corporate Central Credit Union is paying a $600,000 Patronage Refund for 2008 to its member credit unions.
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NEW YORK – As the mortgage industry begins modifying troubled loans in greater numbers, early rounds of modifications are coming in for performance reviews.
November 25 -
McLEAN, Va. – Freddie Mac said next year it plans to eliminate or lower the up-front fees it charges lenders on the largest loans it guarantees.
November 25 -
DUBLIN, Ohio – American Mutual Share Insurance Corporation (ASI) has changed its current pricing formula for primary share insurance, a move that should mean significant savings to most of the company’s primary insured member credit unions starting in 2009.
November 25 -
COLUMBUS, Ohio – After conducting a liquidity risk assessment, Moody’s Investor Services reaffirmed Corporate One Federal Credit Union’s short-term rating as P-1, its highest rating designation, reflecting confidence in Corporate One’s liquidity position.
November 25 -
PROVO, Utah – Delinquency ratios at credit unions in all regions in the country are up over one year ago, with the Southeast, the mountain states and the West Coast seeing the sharpest increases.
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MANCHESTER, N.H. – In a scene not seen in a century, credit union pioneers Alphonse Desjardins, Monsignor Pierre Hevey and Joseph Boivon all came together here yesterday to mark the 100th Anniversary of credit unions in the United States.
November 25