Home Depot has reached a proposed multimillion-dollar settlement with financial institutions affected by its 2014 data breach, according to documents filed in a U.S. District Court. The retailer agreed to pay up to $25 million to affected financial institutions,...
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?
Successes & Challenges for CUs Using SBA’s Loan Programs
Small business lending is on the minds of credit unions and lawmakers this week in Washington, D.C. On Thursday, Randolph-Brooks Federal Credit Union’s executive vice president/chief lending officer, Sonya McDonald testified on behalf of NAFCU in front of the...
Cooperative Association Announces Dues Rebate for Members
The Cooperative Credit Union Association announced this week its member credit unions in Delaware, Massachusetts, New Hampshire and Rhode Island will receive a 7.5% rebate on their 2016 dues. The dues rebate averages to just under $1,000 per credit union member,...
Juxt-OPPOSE
Trust in <fill in the blank> has probably dropped to historic levels. Politicians, garbage collectors, internet connections, clean water – pick your issue; our trust in “it” has most likely gone down. In 1972, Gallup polling first asked the...
Fiserv Unveils Credit Monitoring & Rebranded Raddon Financial Group
Brookfield, Wis.-based Fiserv announced Credit Sense, a new offering that allows members to monitor their credit score, and the rebranding of Raddon Financial Group to Raddon, a Fiserv company. Credit Sense, enables credit unions to meet member expectations for...
Investors Flip for Bigger Gains, Online Lenders Play Growing Role
Investors are finding record profits flipping houses that are smaller and older than in the bubble heyday of 10 years ago, according to a report released Thursday by ATTOM Data Solutions. The Los Angeles real estate analytics firm found 193,009 home flips in 2016....