The $80 million York, Penn. Heritage Valley FCU learned to survive against bigger financial institutions by supplying innovative services to members, and educating and lending to those underserved by other options. “Our tag line is ‘effortless...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Millennials Quick to Move Money, Slow to Take Financial Advice
Millennials have an itchy trigger finger when it comes to investments, reacting to market volatility with unwise decisions—but they’re less likely to seek out professional financial advice. That’s according to the MassMutual Retirement...
Keep Our Communications Secret: Hensarling to NCUA
House Financial Services Chairman Jeb Hensarling (R-Texas) has asked federal agencies under his jurisdiction—including the NCUA, to keep communications with his panel confidential even if members of the public request them under the Freedom of Information Act....
Alleged CU Discrimination Incident Sparks Social Media Outrage
Screenshot taken from video recorded on Facebook. An alleged discrimination incident caught on video at a Washington credit union last week against a Muslim black woman ignited a social media firestorm from thousands of people demanding that the employee involved be...
Alleged CU Discrimination Incident Sparks Social Media Outrage
Screenshot taken from video recorded on Facebook. An alleged discrimination incident caught on video at a Washington credit union last week against a Muslim black woman ignited a social media firestorm from thousands of people demanding that the employee involved be...
Schumer Recommends Rohit Chopra for Seat on FTC
Senate Democratic Leaders Charles Schumer (D-N.Y.) has recommended former CFPB Assistant Director Rohit Chopra for a seat on the Federal Trade Commission. Chopra currently is a senior fellow at the Consumer Federation of America, where he leads research and advocacy...