CUNA marketing chief joins Nusenda executive team

American Banker

Amy Nigrelli will serve as CMO of the Albuquerque-based credit union, one of two recent personnel moves there. Career moves Credit unions Marketing Workforce management Hiring New Mexico

Sandia Laboratory FCU to expand footprint with merger

American Banker

A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico. Consolidations M&A Growth strategies Succession planning

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CFPB expands consumer complaint access to local governments

CFPB Monitor

In a recent blog post , the CFPB announced that it has started sharing consumer complaint data with local governments through its Government Portal.

PayRails Expands Credit Union Collaboration Initiative

PYMNTS

The new additions were Unify Financial Credit Union, from Torrance, CA, Evansville Teachers Federal Credit Union of Evansville, IN, Pen Air Federal Credit Union of Pensacola, FL and Nusenda Credit Union from Albuquerque, NM.

Weighed down by debt? Revisiting the link between corporate debt overhang and investment

BankUnderground

Bruno Albuquerque. Vulnerable firms tend to have weaker fundamentals, face high corporate financing costs, have lower ICRs , and invest less ( Albuquerque (2021) ). Bruno Albuquerque works in the Bank’s Macro-Financial Risks Division.

Restaurant Chains Feast On Millions From PPP Program

PYMNTS

Texas Taco Cabana, which has 164 outlets from Houston to Albuquerque plus a chain of chicken restaurants in Florida, posted $661 million in sales last year with a net loss of $84.4

Mall Vacancies At Highest Level In Eight Years

PYMNTS

But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque. Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. shopping malls reach an eight-year high. Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported.

Financial concerns and the marginal propensity to consume

BankUnderground

Georgina Green and Bruno Albuquerque. Georgina Green works in the Bank’s Macro-Financial Risks Division and Bruno Albuquerque works for the International Monetary Fund. How would you respond to a one-off change in your income?

Costco Is Finally Testing Curbside Pickup, But Is It Too Little, Too Late?

PYMNTS

The warehouse club quietly added curbside pickup as an option at three Albuquerque sites, although the option carries several provisos. Costco is waving the white flag and testing curbside pickup at three New Mexico locations after long resisting the idea.

Consumption effects of mortgage payment holidays during the Covid-19 pandemic

BankUnderground

Alexandra Varadi and and Bruno Albuquerque. Alexandra Varadi works in the Bank’s Research Hub and Bruno Albuquerque works at the International Monetary Fund.

Monetary policy and US housing expansions: what can we expect for the post-COVID-19 housing recovery?

BankUnderground

Bruno Albuquerque, Martin Iseringhausen and Frédéric Opitz. Bruno Albuquerque works in the Bank’s Macro-Financial Risks Division and Martin Iseringhausen and Frédéric Opitz work at Ghent University.

Netflix Adds 7M Subscribers In Q3 Earnings Beat

PYMNTS

production hub — Albuquerque, New Mexico — and the company notes that its “internal studio is already the single largest supplier of content to Netflix (on a cash basis).”. With blockbuster subscriber gains, Netflix rocketed past its earnings estimates and met its revenue expectations. The movie subscription company posted $4 billion in revenue and earnings per share of 89 cents compared to 68 cents and $4 billion, respectively.

Medicare Advantage Change Could Lead To Payments Opportunities

PYMNTS

For now, Honor operates in San Francisco, Los Angeles, Albuquerque and Dallas. One of the latest changes to federal rules regarding non-medical home care services could provide more business opportunity to firms that serve that market and handle such backend tasks as billing and payroll. In April, the U.S.

The Taste Of New Mexico In A Subscription Box

PYMNTS

There’s a kind of a tradition of going into Albuquerque and trying to load up as much as you can,” Eric said. Entrepreneurs are sometimes inspired to create companies based on a place where they have strong ties: Eric Smith was born as well as raised in New Mexico and co-founded Nuevo Food Box , which offers a subscription box of food highlighting the flavors of the state. His wife, Jordan, was recruited for University of New Mexico basketball for the Lady Lobos.

COVID-19: Real Trends and Stories From the Front Line

Gonzobanker

billion, Albuquerque, N.M. Banks and credit unions report the pandemic’s impact on customer behavior. There have been all sorts of discussions about the impact of COVID-19 on branches, customers and banking activity.

Trends 110

FICO® Resilience Index Can Improve Card Account Management

Fico Collections

Brendan lives in Albuquerque, New Mexico and holds B.S. FICO® Resilience Index Can Improve Card Account Management. Pandemic Period Results Demonstrate Value of Borrower FICO ® Resilience Index Insights. by Brendan LaCounte. expand_less Back To Top. Mon, 06/27/2022 - 15:00.

CFPB May 2016 complaint report highlights credit reporting complaints, complaints from New Mexico consumers

CFPB Monitor

The CFPB has issued its May 2016 complaint report which highlights complaints about credit reporting and complaints from consumers in New Mexico and the Albuquerque metro area. Findings regarding complaints from New Mexico consumers include the following: As of May 1, 2016, approximately 4,700 complaints were submitted by New Mexico consumers of which approximately 48 percent (2,200) were from consumers in the Albuquerque metro area. Barbara S. Mishkin.

House to hold May 18 hearing on CFPB’s proposed arbitration rule

CFPB Monitor

The CFPB announced its release of the proposal at a field hearing on arbitration in Albuquerque, New Mexico held on May 5. Barbara S. Mishkin. On May 18, 2016, the House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit will hold a hearing entitled “Examining the CFPB’s Proposed Rulemaking on Arbitration: Is it in the Public Interest and for the Protection of Consumers?”.

CFPB to hold May 5 field hearing on arbitration

CFPB Monitor

The CFPB has announced that it will hold a field hearing in Albuquerque, New Mexico about arbitration on May 5, 2016. Alan S. Kaplinsky. We expect the field hearing to coincide with the release of the CFPB’s proposed rule on the use of arbitration agreements in certain consumer financial services contracts. In October 2015, the CFPB convened its Small Business Regulatory Enforcement Fairness Act (SBREFA) panel to review the proposals it was considering.

CFPB issues proposed rule to prohibit class action waivers in consumer arbitration agreements

CFPB Monitor

As widely anticipated, the CFPB announced at its field hearing today in Albuquerque, New Mexico that it is proposing regulations that would prohibit covered providers of certain consumer financial products and services from using an agreement with a consumer that provides for arbitration of any future dispute between the parties to bar the consumer from filing or participating in a class action with respect to the covered consumer financial product or service. Mark J. Levin.

The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

As New Mexico’s capital city, Albuquerque naturally put in a bid, but the state’s more southern offering may prove more interesting, as it straddles the U.S.-Mexico How is the race to be Amazon’s second home city not a reality show? Jeff Bezos missed a major marketing opportunity there (as if Amazon needs it).

The declining elasticity of US housing supply

BankUnderground

Bruno Albuquerque, Knut Are Aastveit and André Anundsen. Bruno Albuquerque works in the Bank’s Macro-Financial Risks Division, Knut Are Aastveit works at Norges Bank and André Anundsen works at Oslo Metropolitan University.

Hot banking sessions at IBM Think 2019

Insights on Business

Speaker: Henrique Albuquerque, Bradesco Bank. With such a great lineup of education and activities for financial services leaders at IBM Think from February 12-15 in San Francisco this year, planning your agenda will be tough. While there is a great array of banking-specific sessions from which to choose, the sessions below are highly recommended.

FI Highlight: Nusenda Credit Union

Banking 2020

We are based in Albuquerque, and our employees perform like a family working together with the cooperative philosophy of “people helping people,” which benefits our members and the communities we serve. While it is important for banks and credit unions to consider the needs of consumers, it’s also important for FIs to take employee needs into consideration as well.

Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

HQ: Albuquerque, New Mexico. After a slow start, the week finished strong, thanks largely to the $140 million raised by marketplace lenders Bond Street and LendInvest. Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. All told, 12 fintech companies raised $205 million ($105 million equity, $100 million debt) this week. Year-to-date, $7.7 billion has been invested in the sector.