by GrafWebCUSO | Jan 12, 2017 | News
The $1.3 billion Advia Credit Union of Parchment, Mich., is making its second Wisconsin bank purchase within six months. Advia CU announced earlier this week that it signed a definitive agreement to buy the $232 million Peoples Bank in Elkhorn, Wis. Financial terms of...
by GrafWebCUSO | Jan 12, 2017 | News
The housing bubble burst 10 years ago, but loans from that era of go-go lending are still accounting for about half of foreclosures, a Los Angeles data firm reported Thursday. The U.S. foreclosure rate was 0.7% in 2016, slightly lower than 2015, and remaining...
by GrafWebCUSO | Jan 12, 2017 | News
Cybercriminals have not finished collecting their holiday gifts. That warning from Kaspersky Lab follows a 23% increase jump over the previous year in malware encounters by users. Consumers who used their credit cards during the holidays should keep an eye on their...
by GrafWebCUSO | Jan 12, 2017 | News
The high-stakes battle over the CFPB continues unabated, as President-elect Donald Trump this week appointed an outspoken critic of the agency to his transition landing team and Sen. Elizabeth Warren (D-Mass.) urged bureau supporters to fight efforts to weaken it....
by GrafWebCUSO | Jan 12, 2017 | News
The Department of Labor’s fiduciary rule could be delayed “within days” of the new administration through action taken by Labor, instructions from the White House, or pending court cases, David Hirschmann, president and CEO of the U.S. Chamber of...
by GrafWebCUSO | Jan 11, 2017 | News
When Anthony Murgio took over a credit union as a front to operate an illegal Bitcoin operation, he posted on Facebook that he needed a CEO. “Anyone interested in running a credit union in New Jersey? We are looking for a new CEO,” Murgio’s Facebook...
