Tampa, Birmingham business journals highlight credit unions

Credit unions have recently been given high-profile cover stories in the Tampa Bay Business Journal and the Birmingham Business Journal. Each story looked at how credit unions are serving their members, the struggles in the marketplace, and how creative they are with their products and services. The Tampa Bay Business Journal featured credit unions in […]

NCUA settles with RBS for $129 million

The NCUA has worked a settlement with Royal Bank of Scotland (RBS) Group for $129.6 million. This will settle the NCUA’s claims that RBS sold toxic mortgage-backed securities to Southwest Corporate FCU and Members United Corporate CU; both of which are now-failed corporate credit unions. In 2013, the NCUA filed a lawsuit against RBS and […]

More credit unions sign on to Apple pay

Wednesday morning Apple announced that 18 more credit unions and banks have signed on to offer Apple pay. Among the new credit unions is Envision Credit Union, based in Tallahassee. There are nine total new credit unions offering Apple Pay. Another round of providers is expected to be announced later this month when Apple introduces […]

Florida delinquency rate among most improved

On Tuesday, Callahan and Associates released its first look trends on statistics from the second quarter. It ranked the top 10 states with the greatest improvement in delinquencies year over year. Florida ranked fourth behind Delaware, Alaska, and North Carolina. Florida’s delinquencies stand at 0.99 percent for an .11 percent improvement from a year earlier. […]