CUNA Mutual Group to test TruStage ads in Alabama

CUNA Mutual Group is testing direct response TV ads in Alabama, Louisiana, and South Carolina for its TruStage Insurance products. Credit unions will see the ad on traditional TV stations during the day and early evening. The two-minute ad will make it easy for credit union members and non-members to obtain life insurance. CUNA Mutual […]

GTE among credit unions to receive CDFI grant

Twenty-one credit unions received $30 million in Community Development Financial Institution (CDFI) grants from the U.S. Treasury. Among the credit unions was GTE Financial, based in Tampa. GTE secured a $1.75 million grant. In total, 195 financial institutions secured grants worth more than $200 million. As you can see, CDFI certified credit unions have opportunities […]

CUNA Mutual to run TruStage ads in Alabama

CUNA Mutual Group is testing direct response TV ads in Alabama, Louisiana, and South Carolina for its TruStage Insurance products. Credit unions will see the ad on traditional TV stations during the day and early evening. The two-minute ad will make it easy for credit union members and non-members to obtain life insurance. CUNA Mutual […]

Hike the Hill kicks off with visit to NCUA

The League’s two-day fall Hike the Hill kicked off Wednesday with a private meeting between NCUA Board Member Mark McWatters and Alabama and Florida credit unions. McWatters thanked the credit unions for traveling to Washington to meet with him at the NCUA’s offices. The meeting began with a conversation about the NCUA’s member business lending […]

Judge approves Target class certification

Financial institutions got a big victory on Tuesday. Five financial institutions, including one credit union, were certified on Tuesday to represent all U.S. financial institutions in the class action lawsuit against Target for damages related to the 2013 data breach. The ruling, handed down by Judge Paul A. Magnuson from the U.S. District Court, District […]

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 […]