News

Bank of America is introducing an American Express card that it said will be targeted toward its wealthiest depositors.

A study from Experian, one of the three big credit reporting bureaus, has found that the credit scores of people with perfect car payment histories can be as much as 100 points higher than those who have even one late payment.

The New York Credit Union Foundation raised $10,000 from a testimonial dinner for Vicky Matteson, outgoing chair of the New York Credit Union League, the Foundation has announced. More than 70 credit union executives and supporters attended the dinner, which was held at a restaurant in the Albany area.

The Cooperative Communicators Association has presented CUNA President/CEO Dan Mica with the CEO Outstanding Communicator Award.

Earlier this month, the Senate confirmed Treasury Deputy Assistant Secretary for Financial Institutions David G. Nason to be elevated to the assistant secretary spot.

D. Hilton Associates is sponsoring its third annual Supplemental Executive Retirement Plan survey for the credit union industry.