Tag Archives: credit union

Bank OZK buys another property 121 Financial | Jax Daily Record | Jacksonville Daily Record

In an effort to reposition the regional presence of the two financial organizations, Little Rock Arkansas-based OZK Bank purchased another office building from Jacksonville-based 121 Financial Credit Union. OZK Bank paid $2 million on Jan. 4 for a 3,757-square-foot, 1.78-acre office at 6072 Youngerman Circle in southwest Jacksonville near Orange …

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South Haven denies variance for four-story building project | Local News

Consumers Credit Union plans to build a four-story, multimillion-dollar mixed-use development in downtown South Haven have been put on hold. After holding a public hearing last Monday, the South Haven Zoning Appeal Board voted unanimously to reject the Kalamazoo-based credit union’s request for a height differential to build the large …

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Medical debt

We observe Ukraine and the forces of the new Tsar of Russia surrounding it. ISIS is not dead yet; he is still fighting in Syria. The BBC reports that doctors are begging for food in northern Ethiopia. A bridge collapses. Consumer spending is down. Inflation is up and the stock …

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Credit union loans support communities | My opinion

The past two years have been difficult financially for New Mexican families. Thousands of people lost their jobs and/or businesses, while others were forced to take time off to stay home with sick relatives or be with children when schools moved to a virtual platform. During the toughest economic downturn …

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Credit union pension fund’s €78m deficit could destabilize the sector

A huge deficit has emerged in the pension fund covering thousands of credit union employees. The €78m deficit is so large it has the potential to financially destabilize the sector, credit union sources say. The shortfall increased from just €6 million in 2017. It reached €20 million in 2020, but …

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United FCU join growing number of UCs in waiving fees

Image: Shutterstock. The $3.8 billion United Federal Credit Union in St. Joseph, Michigan, announced plans to “significantly overhaul” its NSF and overdraft fees with the elimination of its protection fees against overdrafts and NSF. According to a statement from United FCU, the elimination of the fee along with its courtesy …

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Consumers Credit Union targets downtown SH for new building | Local News

Consumers Credit Union plans to expand its presence in the South Haven area by constructing a new four-story structure on Phoenix Street. The Kalamazoo-area-based credit union purchased three parcels of property in the 400 block of Phoenix Street that are currently occupied by a one-story building that had been leased …

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Elevation Foundation and Credit Union raise over $1 million for victims

Elevation Foundation and Elevation Credit Union have raised over $1 million for the victims of the Marshall Fire. The Elevations Fire Relief Fund operated until Jan. 14, according to a company press release. During that time, she received donations from credit union members, business partners and the community, raising a …

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Springfield man charged with theft from credit union | News

BURLINGTON — A Springfield man suspected of committing half a dozen robberies in and around his hometown was formally indicted by a federal grand jury on Thursday for one of the heists. Samuel I. Colby, 39, of Pine Street, is charged with using force, violence and intimidation to rob 802 …

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Record year for bank takeovers by credit unions | Credit Union Journal

Bank acquisitions by credit unions are only expected to increase in 2022 despite fierce opposition from banking industry associations and some recent rejections from state regulators. Commercial pressures on buyers and sellers to continue deals are too strong, deals are sometimes too big for smaller banks to pass up, and …

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Firstmark Foundation awards $7,500 in grants to educators | Texas News

SAN ANTONIO, January 17, 2022 /PRNewswire-PRWeb/ — The Firstmark Foundation is pleased to announce the 15 recipients of the 2021-2022 Educator Grant program. Firstmark Educator Grants are for full-time K-12 educators and support staff. Grants are awarded to fund innovative project ideas, including the materials needed to complete the project. …

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South County Events, January 16

Town halls: Chula Vista, 5 p.m. Tuesday; Coronados, 4 p.m. Tuesday; Imperial Beach, 5 p.m. Wednesday; national city, 6:00 p.m. Tuesday School Boards: Chula Vista Elementary School District, 6 p.m. Wednesday; Coronado Unified School District, 4 p.m. Thursday, National School District (National City), 6 p.m. Wednesday National City offers a …

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Ascend Federal Credit Union donates $10,000 to Partners for Healing

TULLAHOMA, Tenn. – (TN Tribune) – Ascend Federal Credit Union announced today that it has donated $10,000 to Partners for Healing, a leading Tullahoma-based nonprofit that provides free primary health care for uninsured workers. The donation will help Partners for Healing fulfill its mission to meet the health care needs …

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Scienaptic AI integrates with CU*Answers Credit Union

Scienaptic AI, the leader in AI-based credit decision platforms, announced its full integration with CU*Answers. The seamless integration of Scienpatic’s AI-powered decision-making will provide new opportunities for CU*Answers credit union partners looking to expand access to credit for their members. Founded in 1970, CU*Answers is a CUSO-owned credit union headquartered …

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Blue Federal Credit Union Pledges $ 100,000 for Marshall Fire Relief Efforts

Boulder, CO. – The Blue Federal Credit Union steps up response to devastating destruction caused by Colorado’s costliest wildfire. The Marshall Fire caused the loss of more than 1,000 homes and the displacement of more than 35,000 people in Boulder County, Colorado. Blue Federal Credit Union and the Blue Foundation …

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Central One honors long-tenured employees

The Westborough branch of Central One Federal Credit Union overlooks South Street in town. (Photo / Dakota Antelman) REGION – Central One Federal Credit Union recently honored over a dozen employees for their combined 160 years of service. Rajani Koduri is the branch manager for the Credit Union‘s Westborough location. …

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LMCU to open a second TC branch | Business

TRAVERSE CITY – The Lake Michigan Credit Union will be opening its second branch in Traverse City on January 10, at 3650 NUS 31 South. The credit union also has a branch at 310 W. Front St. The new full-service branch also has a notary and access to “mortgage, business …

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All In Credit Union Announces Financial Challenge & Chance to Win $ 10,000 | Local news

All In Credit Union is partnering with Dale County Schools to open a full-service, student-staffed branch on the GW Long High School campus. Submitted Staff report All In Credit Union (AICU) announced the second season of All In 2 Finances, an online contest that offers participants a chance to win …

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Scott promotes Bressler, Wazlawek

EDWARDSVILLE – Scott Credit Union has announced the promotions of David Bressler and Michelle Wazlawek, both vice-presidents. Bressler is now Director of Loans and Wazlawek is now Director of Marketing. Bressler was previously vice president of Bank of America. He was also vice president of loans for CommunityAmerica Credit Union, …

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2 arrested for theft at Grand Rapids credit union

GRAND RAPIDS, Mich. (WOOD) – Two suspects have been arrested in connection with a robbery at a credit union in Grand Rapids, police say. The Grand Rapids Police Department said the theft took place around 4:45 p.m. Tuesday at the Lake Michigan Credit Union on Lake Michigan Drive near the …

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Nebraska regulator denies bank’s acquisition deal with GreenState CU

State Capitol Building in Lincoln, Neb. (Source: Shutterstock). The Nebraska Department of Banking and Finance on Monday rejected a request for $ 395 million from Premier Bank to be acquired by the $ 7.9 billion GreenState Credit Union in North Liberty, Iowa. “The Prime Minister has not assumed the burden …

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Compliance: 2022 thresholds for Regulations Z, M, V | 2022-01-04

The NCUA has issued a regulatory alert (21-RA-11) with the 2022 annual adjustments for three exemption thresholds under the Truth in Lending Act (TILA or regulation Z) and the Consumer Leasing Act (CLA or regulation M). The thresholds exempt loans from the special appraisal requirements for higher priced mortgages and …

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A 6-step guide to building a strong credit score

Opinions expressed by Contractor the contributors are theirs. Credit score is a crucial factor not only in securing a mortgage, credit card, or loan – it can dramatically affect everything from auto insurance rates and cell phone contracts to overall employability. What is a credit score? Simply put, this is …

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TruStone Financial donates nearly 1,800 toys and $ 3,000 to

PLYMOUTH, Minnesota, December 31, 2021 (GLOBE NEWSWIRE) – TruStone Financial Credit Union, the TruStone Financial Foundation and TruStone Home Mortgage (a division of TruStone Financial) recently donated nearly 1,800 toys and $ 3,000 to Toys for Tots. Donations of new unwrapped toys as well as cash were collected from the …

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Filene’s New Search Method Gives Credit Unions Personalized Information Versus Referrals

MADISON, Wisconsin., December 30, 2021 / PRNewswire / – Newly revealed data from a one-of-a-kind research project provides a benchmark for the scope of DCI’s efforts established in the credit union industry and the correlated impacts on business performance. Custom indexes provided to each participating organization offer a methodology that …

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Clearwater Credit Union Supports Climate Change With Donation | Local news

Following the global climate change initiatives emerging from COP-26, Clearwater Credit Union, based in Missoula, has donated $ 50,000 to regional organizations involved in climate resilience. “We know issues like wildfire seasons are getting worse, smoke and air quality issues are getting worse,” said Paul Herendeen, director of impact market …

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Analyst Praises 4-Star Target’s ‘Sports Gifts’

At a recent prestigious vacation tournament in Florida, a Syracuse four-star basketball scout target to the 2024 class caught the eye of one of the industry’s top national analysts. In a game against Orlando Christian Prep in Orlando, Fla., 6-foot-9 forward Donnie Freeman filled in the stats sheet, compiling 10 …

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Kootenay Savings Credit Union Kimberley Donates to Community Health Causes – Kimberley Daily Bulletin

Brenna Baker, Executive Director of the East Kootenay Foundation for Health, receives a donation from Brent Jossy, Branch Manager Kootenay Credit Savings Unit – Kimberley. Photo submitted. Kootenay Savings Credit Union Kimberley Donates to Community Health Causes Money donated to Foundry East Kootenay, EKFH Starlite Campaign Submitted Thank you to …

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Credit union amalgamation voted on by members

Some members of credit unions may soon have greater access to their banking services across the province after the signing of a proposed merger agreement between Access Credit Union, Noventis Credit Union and Sunova Credit Union, leaving members the care to make the final decision on the merger. Nearly 160,000 …

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All In Credit Union Donates Holiday Meals for Soldiers | News

Pictured: LTC (Ret) Leslie C. Mingus, All In Credit Union, Chairman of the Board; MAJ (Retired) Marc Snyder, Board Member of All In Credit Union and Jo Close, Fort Rucker Army Emergency Relief Officer COURTESY PHOTO ALL IN CREDIT FUND Daleville, Ala. – All In Credit Union donated $ 3,500 …

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New CEO on his way to local credit union

TAPCO Caisse populaire Tacoma-based TAPCO Credit Union announced on Monday the appointment of a new CEO by its board of directors. Justin Martin will take up his new role on January 5. An interim manager has been replaced in recent months as the board scouts its search for a CEO. …

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CEO of Consumers Credit Union retires after 38 years; The COO will assume a leadership role

KALAMAZOO – The General Manager of Consumer credit union plans to retire in mid-2022 after 38 years. Kit Snyder has led the Kalamazoo-based Consumers Credit Union since 1983, including before a charter expansion in 1987 and a name change from Southwestern Michigan Utilities Employees Credit Union. Left: Snyder, Right: Sylvester …

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Wellington IT partners with Bishopstown Credit Union

Wellington IT, the technology partner of the Irish credit union industry, has announced a new five-year technology partnership with Bishopstown Credit Union in Cork, to help it automate and digitize its operations. As part of the deal, Wellington IT’s customer banking app, cuMobile, will also be made available to Bishopstown …

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Business files | News, Sports, Jobs

YBI ANNOUNCES NEW NGC TEAM: The Youngstown business incubator recently announced the creation of a new Minority Business Help Center (NGC) team, a group focused on supporting minority businesses in the region through through individual counseling, courses and group acceleration programs. The newly appointed team members are: • Tanisha Wheeler, …

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What Homebuyers Can Do Now to Increase Their Chances of Success in the New Year

Bloomberg | Bloomberg | Getty Images It looks like it will be another competitive year for home buyers in 2022. While the market is not expected to be as hectic as it was last summer, prices are expected to rise further. Zillow is forecasting Home value growth of 11% in …

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SELCO Community Credit Union Celebrates 85th Anniversary by Giving Back to Communities

SPRINGFIELD, Ore. (KTVZ) – To celebrate its 85th anniversary in November, the SELCO Community Credit Union turned the tables on the traditional anniversary celebration. Rather than being the guest of honor at its own party, SELCO has recognized, surprised and rewarded the individuals and communities who have supported its member-owned …

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Man in Gray Jacket and Robs Albuquerque Credit Union Beanie

Anyone who recognizes this thief is urged to contact the FBI at (505) 889-1300, or Albuquerque Metro Crime Stoppers, anonymously, at (505) 843-STOP. Courtesy / FBI FBI News: An unidentified man in a gray jacket and gray beanie robbed a credit union today in northeast Albuquerque. The theft took place …

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The Silver State Schools Credit Union receives the Gold Award for “Best Credit Union” with the 2021 Best of Las Vegas award.

Silver State Schools Credit Union (SSSCU), a Las Vegas-based financial institution celebrating more than 70 years serving more than 56,000 members, with more than $ 1.1 billion in assets, is the proud recipient of the Gold Award as a recipient of the ” Best Credit Union ”in the Las Vegas …

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Credit Union Donates $ 25,000 to Sidney Kimmel Cancer Center

First Harvest Credit Union, formerly South Jersey Federal Credit Union, recently strengthened its commitment to the health and wellness of the community, with a donation of $ 25,000 to support patients at Sidney Kimmel Cancer Center – Washington Township. Presented to the Jefferson Health Foundation – New Jersey, this donation …

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Public-private effort to accelerate the construction of fiber optic broadband

VSECU, Vermont Community Foundation, Vermont Communications Union Districts Association (VCUDA) agreement allows Communications Union Districts (CUD) to access fiber optic cable in time for the 2022 construction season, while providing substantial savings Vermont Business Magazine Christine Hallquist, Executive Director of The Vermont Community Broadband Board (VCBB) today announced that the …

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Tons of toilet paper, a roof donation, pantry jeans – The Daily Gazette

In Albany, Employees of the First New York Federal Credit Union collected nearly 11,000 rolls of toilet paper to help local communities as part of its annual toilet paper drive. The 11,000 rolls of toilet paper collected, or around 2.75 tonnes, exceeded last year’s total by more than 500 rolls. …

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Early Acceptance Can Help You Cope With Debt Trauma, Says Personal Finance Expert

People exposed from early childhood to negative experiences with money, such as experiences of poverty and financial insecurity, can develop debt trauma. The trauma of debt can impact many aspects of a person’s life, but personal finance columnist Rubina Ahmed-Haq has a few suggestions on how to deal with it. …

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Scott Credit Union Shootout postponed

EDWARDSVILLE – Due to Friday’s thunderstorm that resulted in power outages throughout Edwardsville, the Scott Credit Union shootout scheduled for Saturday has been postponed. Edwardsville High School athletic director Alex Fox made the official announcement early Saturday morning before power was restored to campus. “There are a number of things …

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Seniors Leaving Lake Michigan College for Honor Credit Union | Port of Benton

BENTON HARBOR – When Candice Elders came to Lake Michigan College, there were no residences, tech labs, or winemaking programs. After nearly eight years working as LMC’s Director of Marketing and Communications, Elders will join Honor Credit Union as Vice President of Marketing in January. × This page requires Javascript. …

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Schenk: NCUA’s draft budget raises questions | 2021-12-08

The NCUA’s proposed budget responds appropriately to operational challenges, but differs from the NCUA’s draft strategic plan in several questionable ways. CUNA Chief Economist Mike Schenk and Virginia Credit Union League President / CEO Carrie Hunt gave a presentation Wednesday at the NCUA’s public budget briefing. The combined 2022 budget …

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Suncoast Credit Union Donates to Blessings in a Backpack

Through Florida weekly staff | to 08 December 2021 Blessings in a Backpack SWFL has received a donation of $ 20,000 from the Suncoast Credit Union to help provide weekend meals to students at Tice Elementary School in Fort Myers. “We are very fortunate to have businesses that continue to …

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Next Big Thing returns after pandemic hiatus

Meet Me @ the Altar singer Edith Johnson performs on day one of Next Big Thing’s 20th anniversary at the MidFlorida Credit Union Amphitheater on December 3, 2021 in Tampa, Florida. ARIELLE BADER | Special at the time The MidFlorida Credit Union Amphitheater at sunset on Day 1 of the …

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Cornerstone Community Federal Credit Union sponsoring the Town of Amherst Holiday Market

Submitted Wed Dec 1 2021 12:40 pm Cornerstone Community FCU is the presenting sponsor of the Town of Amherst Holiday Market. The event will run from 10 a.m. to 2 p.m. on Saturday, December 4. The CCFCU recently celebrated its first physical location in Erie County at 315 Stahl Road, …

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Keeseville Credit Union Stolen | Local News

KEESEVILLE – It appears the man suspected of robbing the Mountain Valley Federal Credit Union in Keeseville on Tuesday morning took a cab. State Police said they arrested a man at 142 AuSable Street in Keeseville, not far from the credit union, just minutes after the robbery at the 1716 …

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American football’s Logan Bonner named USU Credit Union Student Athlete of the Week in North America

LOGAN, Utah – Utah state football player Logan bonner was named America’s First Credit Union USU Student-Athlete of the Week for the period ending Sunday, November 28. The award is voted on by a statewide media panel. Through its Student-Athlete of the Week sponsorship, America First Credit Union provides funds …

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Photos: “Here Comes Santa Claus” event in downtown Rochester

Santa Claus waits atop Old Town Hall as Rochester fire crews begin rescuing him during “Here Comes Santa Claus” presented by the Rochester Downtown Alliance and Altra Federal Credit Union on Friday, November 26, 2021, at the Rochester town center. Traci Westcott / Post Bulletin Chloe Kirtz, 10, of Eyota, …

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Alleged criminal org. Uses Maine Credit Unions to Operate Illegal Pot Operation

Source: Shutterstock. According to federal prosecutors, four people who participated in a 12-person criminal organization in Maine allegedly committed bank fraud and other crimes after they opened accounts with credit unions that funded an illegal $ 13 million marijuana operation. of dollars. A 14-count criminal complaint filed in Bangor U.S. …

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Judge will stand trial next week for allegedly covering up $ 10 million embezzlement at credit union

Ash’s attorney, Carrie Cohen, countered that the suspended judge was unaware of Wong’s criminal acts. “There is not the slightest evidence that Ms Ash was aware of or participated in Wong’s fraudulent schemes,” wrote Cohen, who did not return requests for explanations of the allegations made in the court files. …

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Redwood Credit Union gives $ 40,000 to nonprofit organizations; San Rafael awards $ 8 million fire station contract; The 1st Cannabis Awards accept applications

Redwood Credit Union donated $ 40,613 to local non-profit partners 10,000 degrees and North Bay Children’s Center as part of the celebration of International Credit Union Day on October 21. One of the ways RCU honored the day was to donate 25 cents to local nonprofit organizations that support child …

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FCU Southern Chautauqua opens a new branch in Dunkirk | News, Sports, Jobs

Pictured, Southern Chautauqua Federal Credit Union Board and Supervisory Committee members: Seated left to right: Geraldine (Jerry) Felton, Supervisory Committee and former CEO of Southern Chautauqua Federal Credit Union, Melvin Feather, Chairman of the Board, Christine Fosberg, Associate Director, Taras Korol, Director, Nancy Ferguson, Supervisory Committee. Standing left to right, …

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Workers honored for 25 years of service to the Killarney Credit Union

Two valued members of the Killarney Credit Union were recently honored for their service as they both celebrated 25 years with the KCU. Rendan Lynch, who started her job in November 1995, and Therese Buckley, who started in June 1996, now both work as team leaders and senior loan officers …

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Credit unions deal hard blow in attempt to expand membership | Journal of Credit Unions

A National Credit Union Administration proposal governing the shared service facilities of credit unions that had met with strong opposition from bankers and consumer groups, not to mention the agency’s own president, has undergone a major rewrite which left few participants on both sides of the debate completely satisfied. Bank …

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Consumer Credit Union Review: Rewards Checking Account

The bottom line: You will find Consumers Credit Union appealing if you enjoy online banking or if you live near Chicago, Illinois. The Credit Union has a unique, high yield rewards checking account with a low minimum opening deposit and no monthly fees. Overall credit union rating Advantages and disadvantages …

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Tennessee Bank credit union purchase temporarily blocked by judge

Cover document for a court case. A Tennessee judge on Wednesday granted a temporary injunction blocking Orion Federal Credit Union’s proposed acquisition of the Financial Federal Bank. On November 10, Tennessee Department of Financial Institutions (TDFI) Commissioner Greg Gonzales asked Davidson County Chancellery Court Judge Patricia Moskal to grant an …

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Greer’s police release photos of bank robbery suspect

Greer’s police released photos of a man who allegedly robbed a bank on Thursday morning. Police said the theft took place just before 11:30 a.m. at the CPM Federal Credit Union located at 1445 Highway 101 South. Officers said the man gave the cashier a note saying he was robbing …

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Greenville Federal Credit Union awards $ 50,000 to five nonprofit organizations

Just in time for the holidays, Greenville Federal Credit Union again donated $ 50,000 to five local non-profit organizations. The last time the awards were presented was in 2018, when they launched the program to coincide with the 50th anniversary of the credit union. “We are delighted to support nonprofit …

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Judge dismisses CU’s dismissal of allegations of sexual harassment and retaliation from former executive

Source: Shutterstock. A federal judge has dismissed a demand from the retained $ 4.3 billion Municipal Credit Union in New York City to dismiss allegations by a former senior executive who claims her supervisors ignored and retaliated against her over abuses complaints of sexual harassment by disgraced former MCU President …

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JC building demolished for Planned Visions Credit Union project

Visions Federal Credit Union appears to be moving forward with plans to build a walk-in branch on Main Street in Johnson City. Gorick Construction teams on Wednesday demolished a structure that had been used as medical and dental offices. The Endicott-based credit union acquired the property for approximately $ 360,000 …

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NCUA’s 2022 budget proposal rejected, even by board

Details of the proposed operating budget for NCUA 2022-2023. This week, the NCUA released its draft budget proposal for 2022-2023. The proposed budget of $ 345.3 million is a 1.2% increase over the 2021 budget – and credit union organizations and even NCUA board members were quick to voice concerns …

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