Friday , 3 July 2020

Tag Archives: credit

ORNL Federal Credit Union requiring face masks in all branches

The entrance to the new Oak Ridge branch building at 215 S. Rutgers Ave. is pictured above on Monday, Feb. 15, 2016. (File photo by John Huotari/Oak Ridge Today) ORNL Federal Credit Union is requiring face masks in all branch offices starting today (Friday, July 3). The credit union announced the policy in response to a decision by the Knox …

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Credit Unions Tech Up For Loyalty

Share Tweet Share Share Share Print Email If there’s one thing credit union (CU) members are known for, it’s their loyalty. Since most CUs start life as an economic affinity group of some kind, loyalty is often baked into the business relationship pre-inception. It’s a rare, fair feature in an impersonal business world. When it comes to loyalty, though, it’s …

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Municipal Credit Union’s Legal Battles Broaden

Source: Shutterstock. For the first time, court documents revealed new details and allegations of widespread fraud and corruption that occurred at the $3.2 billion Municipal Credit Union. According to those court documents, those involved included its CEO, at least five top executives, two supervisory committee members and 13 former board members; the scheme led to more than $18 million in …

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Credit Union Executives Reveal COVID-19 Response Insights

Source: Raddon COVID-19 Institution Survey, May 2020 Note: The average asset size of responding credit unions was $1.46 billion; the median asset size of responding credit unions was $848 million. Ninety percent of the surveys were completed between May 15 and 22. Click here to enlarge infographic. Source link

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Varcoe: A big pipeline win, another credit rating downgrade, hit province

Article content continued “Borrowing to do all this, I’m good with it. With interest rates low and given we’re in a crisis and our debt levels are pretty low, I don’t see a problem with it,” Kneebone said. But the government will face pressure to spend more if the economy continues to sputter and unemployment remains high. NDP Leader Rachel …

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South Korea Enhances Credit Database in Open Data Push

The enhancements will see new datasets added to Korea’s CreDB system, starting with a database comprising anonymous information on 50 million insurance consumers. South Korea’s FSC (Financial Services Commission) has unveiled enhancements to the country’s personal and business credit information system known as CreDB, providing access to a wider variety of datasets including non-financial data. “Data is considered as an …

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Odisha to credit Rs 1,040-crore loan to 7 lakh landless farmers

The Odisha government has launched a scheme ‘Balaram’ to provide agricultural credit of Rs 1,040 crore to landless farmers who are facing hardships due to the coronavirus outbreak, officials said on Friday. Around seven lakh landless cultivators will be benefited from the programme in the next two years, they said. The decision in this regard was taken at a high-level …

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