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DATCU Credit Union Announces Bonus Dividend to Members
Monday, January 8, 2018 7:00 AM

DATCU Credit Union is proud to announce that a bonus dividend of $1,875,000 was paid to its member owners on Jan. 1, 2018. The board of directors approved the one-time bonus dividend payout at the board meeting held on Dec. 19, 2017. This is the ninth consecutive year that DATCU has paid a bonus dividend to its members, making the total distribution more than $11,300,000 in bonus dividends.

Rowlett Retiree Starts the New Year with $49,999.99 Prize for Good Savings Habits
Monday, January 8, 2018 6:55 AM

Exercising financial discipline can reap unexpected rewards, one Rowlett retiree has learned. Jose C. (whose name is being abbreviated to protect his identity) opened his door early Wednesday morning to find several Neighborhood Credit Union team members on his porch with a giant “check” for $49,999.99 in his name. Jose, along with his wife Antonia and daughter Elizabeth, were very surprised to learn that their credit union would be depositing $49,999.99 into his account by the end of the day.

H.R. 1264 and Other Reg Relief Bills to Be Heard in U.S. House Financial Services Committee on Tuesday
Monday, January 8, 2018 6:50 AM

The Subcommittee on Financial Institutions and Consumer Credit will hold a legislative hearing titled "Legislative Proposals for a More Efficient Federal Financial Regulatory Regime: Part III" on Tuesday, Jan. 9, at 2 p.m. EST.

Mortgage Lenders Approach 2018 with Negative Outlook on Profit Margin, Refinance Activity
Monday, January 8, 2018 6:45 AM

Mortgage lenders again reported a negative profit margin outlook for the next three months, citing competition as the primary reason and continuing a quarterly trend beginning the same time last year, according to Fannie Mae's Q4 2017 Mortgage Lender Sentiment Survey.

Registration Opens for Cornerstone Foundation's Train the Trainer Workshops
Monday, January 8, 2018 6:40 AM

Online registration has opened for the Cornerstone Credit Union Foundation's 2018 FOCUS Train the Trainer workshops for the following dates and locations...