Credit unions

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

In the photo, the Southern Chautauqua Federal Credit Union Board of Directors and its 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, …

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Daily Financial Regulation Update – Tuesday November 16, 2021

PH customer alerts Click here to learn more about our Coronavirus series. Congress Click here to consult the full text of the law on aid, relief and economic security against the coronavirus (the “CARES law”), Adopted March 27, 2020. Click here to view the full text of the Paycheck Protection …

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Online alternatives for payday loans are becoming more and more available

Millions of Americans refer to online payday loans without instant approval credit check outside the standard banking mechanism. As of March 2021, the average amount of money borrowed by US lenders is $ 730. Being involved in difficult situations, Americans face interest rates as high as 266%. Today, nearly 20 …

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Small banks facing heightened cyber risks urge Congress to act

Ransomware and other cyber attacks targeting critical infrastructure are on the rise around the world, and financial institutions are particularly vulnerable. Cyber ​​security firm Trend Micro recently reported that ransomware attacks against the banking industry rose 1,318% in the first half of 2021 compared to the first half of 2020. …

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OTIS FCU celebrates International Credit Union Day 2021 with random acts of kindness – Daily Bulldog

OTIS Federal Credit Union employees have chosen to commemorate this unique holiday with a week-long random acts of kindness campaign. From left to right: Kim Turner, President / CEO; Brenda Bryant, cashier / deputy supervisor; Stéphanie Nichols, cashier; Jannell Pomeroy, cashier; Carrie Judd, cashier supervisor; Kimberly Couture, collections / payment …

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LLCU receives service award | Community

The Land of Lincoln Credit Union (LLCU) received the Dora Maxwell Social Responsibility Community Service Award from CUNA (Credit Union National Association). The award honors the work of credit unions that strengthen local organizations and materially improve the lives of non-members through community outreach, outside of personal finance education. LLCU …

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Jack Henry and Zelle make faster payments more accessible for minority-owned institutions

Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of payment processing technology solutions and services primarily for the financial services industry, today announced its partnership with Early Warning Services, LLC , the network operator behind Zelle, to make faster payments more readily available to minority-owned depository institutions (MDIs). …

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Digital disbursements provide a better experience

Disbursements are still often made by putting a physical check in the mail. That’s right, whether it’s an insurance company sending payment for a claim, a consumer credit company making a refund, a utility company sending a claim. reimbursement or a higher education institution that reimburses students or teachers. In …

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