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Satisfaction remains strong among Navy’s Federal Credit Card holders

For the second consecutive year Navy Federal Credit Union was included in the JD Power 2020 US credit card satisfaction survey. The study, now in its 14th year, measures customer satisfaction at credit card issuers by examining six factors: interaction; credit card conditions; communication; benefits and services; rewards; and key moments. The credit union's overall satisfaction score among regional bank issuers was 869 on a 1,000-point scale, 56 points higher than the segment average.“We are passionate about providing exceptional service to our members,” said Vince Pennisi, Chief Lending Officer at Navy Federal Credit Union. "Our commitment to service has enabled…

California man arrested after alleged spending with stolen credit cards

On January 10, a California man was arrested for theft, credit card theft, fraudulent use of a credit card, aggravated another's ID, possession of dangerous drugs, and possession of drug paraphernalia.According to Lake Havasu City police, Aaron A. Beardsley, 39, of Hesperia, CA, allegedly stole wallets from two separate victims on January 10 around 1:30 pm. He then used a victim's credit card to purchase more than $ 1,100 in gift cards at Smith's, according to the report. Beardsley was then at Sally's Beauty Supply, reportedly trying to use a different credit card.During a search of his vehicle, police found…

Northern Hills Federal Credit Union selects Scienaptic’s credit decision platform

AI-powered credit decision platform provider Scienaptic AI announced the deployment of its platform to Northern Hills Federal Credit Union. This implementation allows Northern Hills FCU to use AI to make sharper credit decisions and help members - especially the financially stressed during economic recovery and beyond.Northern Hills FCU is a member-owned financial institution that has been in service for 70 years. Northern Hills FCU has one simple philosophy: helping people improve the financial condition of each of its members. Through Scienaptic's AI-enabled credit acceptance platform, credit access for Northern Hills FCU members will be further enhanced.“We are very excited to…

$ 310 Billion More in Paycheck Protection Loans Still Won’t Meet Demand

President Donald Trump signed a bill on Friday to add $ 310 billion to the Paycheck Protection Program, making the total available to small businesses and nonprofits of up to $ 659 billion.It's a staggering amount of money, but the demand for help could quickly use up the supply.In the first round of the program, 4,975 banks that partner with the US Small Business Administration earned 1.6 million of the forgiven loans before the funding ran out.Related: Many small businesses in Tampa Bay left it out because the $ 349 billion emergency fund was empty in less than two weeksIn…

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