by GrafWebCUSO | Feb 23, 2018 | News
Poor financial performance According to NCUA financial performance reports, the $84.6 million Ukrainian Future Credit Union is well capitalized and has not posted net income losses over the last five years, but Michigan regulators placed the Warren-based...
by GrafWebCUSO | Feb 23, 2018 | News
Credit card rates Citigroup Inc., one of the world’s largest credit-card issuers, said it will refund $335 million to U.S. customers whose annual percentage rate should have been lower. The lender determined that a method it was using to calculate APRs...
by GrafWebCUSO | Feb 23, 2018 | News
Identity thieves are trying to loot annuities in Colorado, according to officials at the Colorado Division of Insurance. Division officials want consumers to talk to insurers about account safeguards. “Individuals with annuities, or even life...
by GrafWebCUSO | Feb 23, 2018 | News
ADA Code Washington, D.C.-based Department of Labor Federal Credit Union has prevailed in a lawsuit brought against it over the accessibility of its website, according to documents filed in a Virginia District Court. The complaint alleged that the plaintiff...
by GrafWebCUSO | Feb 23, 2018 | News
Acquisition The $413 million Superior Choice Credit Union in Superior, Wis., said it signed an agreement to buy the $79.1 million Dairyland State Bank in Bruce, Wis. The deal is expected to close in the third or fourth quarter of this year pending regulatory...
by GrafWebCUSO | Feb 23, 2018 | News
The U.S. Capitol Building Last year, thousands of credit union officials flocked CUNA’s Governmental Affairs Conference. With a new administration and a new Congress, they had many questions about nominees, regulatory moves and regulatory overhaul legislation. A...