The Consumer Financial Protection Bureau (CFPB) and the Justice Department today sued Colony Ridge, a Texas-based developer and lender, for operating an illegal land sales scheme and targeting tens of…
This alert informs credit unions about a technical correction with the calculation of the Current Expected Credit Loss transition amount in NCUA regulations, §702.703(b)(2). Credit unions that adopted the CECL accounting…
Federally insured credit unions experienced growth in loans, positive net income, and delinquencies in the third quarter of 2023, along with a decline in assets, shares, and deposits, according to…
Consumers Credit Union is excited to welcome Angela Cooper, who will act as the office manager of the new East Lansing office set to open in spring 2024. In her…
1st MidAmerica Credit Union Vice President of Commercial Services, Jeff Whitaker, has announced his plans to retire at the end of this year. Whitaker began working at the credit union…
Members First Credit Union (M1) initiated the inaugural ‘Week of Joy’ throughout the week of December 11 to spread joy to community members with random acts of kindness and surprise VISA…
Leading digital banking provider Bankjoy has achieved record growth in 2023, expanding its client base in the last year, adding several new credit unions and community banks, as well as neobanks to…
It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving season. Day Air once again supported organizations and community members throughout…
PenAir Credit Union is pleased to announce the appointment of Dave Gooch as Vice President of Commercial Lending, reinforcing the credit union's commitment to providing tailored financial solutions and unwavering support…
ArrowHeart Foundation Executive Director, Stefanie Villalobos, was awarded Citizen of the Year by the San Bernardino County Sheriff’s Department Community Services and Reentry Division. “Stefanie is a champion for positive…
Mountain America Investment Services announced today that Stephen Skokos has been selected as one of Forbes “Top Next-Gen Wealth Advisors” in Utah for the second consecutive year. Skokos is a wealth advisor…
3131 Media Solutions, a full-service advertising agency, is ending 2023 on a high note with the launch of a brand-new podcast, Targeted Impressions. Hosted by Executive Director Scott Cody, Targeted Impressions is dedicated…
LBS Financial Credit Union employees donated hundreds of toys and gift cards on December 13th to the local non-profit, Cerritos Optimist Club, as part of their annual tradition at the Credit…
The Consumer Federation of America released the following statement in response to the report, published today by the Consumer Financial Protection Bureau, on consumer experiences with overdraft and insufficient funds fees. Many…
Chartway Credit Union congratulates Stephanie Harney on her recent promotion to the newly created position of vice president of member care. Harney, who joined Chartway in 2006 as a member of…
Westerra Credit Union announces Bryan Wisher has joined its team as the newest Mortgage Loan Officer. Bryan comes to Westerra with over 15-years of experience in the financial industry and…
Clark County Credit Union (CCCU) has partnered with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and its AHEAD economic development grant program to award $25,000 to…
The second annual 4Front Foundation grant cycle saw nearly $900,000 in grant applications from Michigan nonprofits. Out of the more than 70 applications, Child & Family Services of Northwestern Michigan,…
With the recent conclusion of the Writers Guild of America (WGA) and The Screen Actors Guild and American Federation of Television and Radio Artists (SAG-AFTRA) strikes, First Entertainment Credit Union,…
Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.7 billion assets and more than 470,000 members, is celebrating Giving Tuesday with the launch…
Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.7 billion assets and more than 460,000 members, proudly concludes its third annual Season of…
The Consumer Financial Protection Bureau (CFPB) today issued a new report finding that many consumers are still being hit with unexpected overdraft and nonsufficient fund (NSF) fees, despite recent changes implemented by…
Vizo Financial is giving back more than $3.8 million to capital members in the form of a service usage credit and a higher rate on the Perpetual Contributed Capital (PCC)…
Students from Michigan State University and Oakland University gave back to their respective communities simply by becoming members of MSU Federal Credit Union (MSUFCU) and Oakland University Credit Union (OUCU).…