The NCUA approved only eight mergers in March. That’s the lowest number of consolidations approved in the month of March over the last 10 years, according to a review of the NCUA’s Insurance Reports of Activity for the month of March since 2008. In March...
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?
5 Cheap (or Free) Ways to Improve Retirement Wellness
Some of the realities of the House’s passage of the American Health Care Act include a major cut to Medicaid ($880 billion), which is how many seniors pay for nursing home care -- and allowing insurers to charge older people five times more for...
Puerto Rico Cooperativa, CU System Healthy Despite Island Bankruptcy
Puerto Rico’s bankruptcy filing last week should not have an impact on the island’s cooperativa system, according to the Association of Cooperative Chief Executive Officers of Puerto Rico. “The cooperative sector has been preparing for this for some...
Fintech Firms Primary Targets for Cybercrime Attacks
The financial services industry are prime targets according to research revealing 130 million fraud attacks detected in just a 90-day period with the growth in attacks outpacing transaction growth by 50%. San Jose, Calif. based digital identity firm’s...
Credit Unions, CUSOs, Leagues Welcome New Talent
This past week, credit unions from coast to coast, plus one CUSO and the Michigan Credit Union League, announced new hires, promotions and appointments. Read on for the latest People news. EAST The $1.2 billion Jeanne D’Arc Credit Union in Lowell, Mass.,...
Americans Get ‘F’ in Retirement Literacy
A whopping three quarters of Americans fail a quiz on how to make their retirement dollars go far enough to see them all the way through retirement, although they think they know what they’re doing; 61% of respondents indicate they have high levels...