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Mortgage lenders fear ‘train wreck’ logjam due to IRS issue

CU Journal - Sun, 12/17/2017 - 11:55am
Mortgage lenders are bracing for big delays in the processing of mortgage applications, citing a problem with the income verification system at the Internal Revenue Service.
Categories: Credit Union News

Final Tax Conference Report Retains CU Tax Exemption

CU Times - Fri, 12/15/2017 - 5:37pm
The massive tax overhaul bill will go to the House and Senate floors next week, where it's expected to pass.
Categories: Credit Union News

Wall Street Super Watchdog Now a Forum to Cut Rules Under Trump

CU Times - Fri, 12/15/2017 - 4:00pm
Oversight of big banks is being pulled back under President Trump with help from Wall Street.
Categories: Credit Union News

Can you dig it? Credit unions in the community

CU Journal - Fri, 12/15/2017 - 2:46pm
Celebrating new facilities, scholarships, donations and other ways credit unions are giving back to their communities.
Categories: Credit Union News

Bipartisan bill would allow more credit unions to add underserved areas

CU Journal - Fri, 12/15/2017 - 1:45pm
U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.
Categories: Credit Union News

NCUA conserves Louisville Metro Police Officers CU

CU Journal - Fri, 12/15/2017 - 12:45pm
The credit union was conserved in order for the regulator to help "correct operational weaknesses."
Categories: Credit Union News

LOS Tech Generates Mobile-First Environment for Michigan CU

CU Times - Fri, 12/15/2017 - 11:51am
Financial Plus CU stands poised to compete with online lenders after implementing TCI’s DecisionLender 4.
Categories: Credit Union News

Clackamas Federal Credit Union announces CEO's retirement, successor

CU Journal - Fri, 12/15/2017 - 11:45am
Mary Greco will retire in January after a 38-year career in the credit union movement. She will be succeeded by Aaron Goff, former CEO of Greater KC Public Safety CU.
Categories: Credit Union News

FSOC Renews Call for NCUA Control Over Third-Party Servicers

CU Times - Fri, 12/15/2017 - 10:50am
The council argues granting the agency such control would help streamline state and federal regulation.
Categories: Credit Union News

Fire Police City County FCU to convert to CU*BASE core system

CU Journal - Fri, 12/15/2017 - 10:45am
The Indiana-based credit union is scheduled for a Sept. 2018 core conversion.
Categories: Credit Union News

NCUA Conserves Kentucky Police Credit Union

CU Times - Fri, 12/15/2017 - 10:21am
State regulator launches an examination; local authorities hand over an investigation of suspected internal theft.
Categories: Credit Union News

NCUA to shutter OSCUI, reorganize small credit union resources

CU Journal - Fri, 12/15/2017 - 9:45am
The NCUA board on Thursday also amended a rule regarding emergency mergers for credit unions.
Categories: Credit Union News

Desert Schools FCU rebrands as Desert Financial Credit Union

CU Journal - Fri, 12/15/2017 - 9:45am
The switch was prompted by misperceptions that only students and teachers could join.
Categories: Credit Union News

Few Members Plan to Add CU Services Next Year, CFI Survey Finds

CU Times - Fri, 12/15/2017 - 8:00am
A new report shows some distressing news when it comes to members looking to add new credit union services in 2018.
Categories: Credit Union News

EVP prepares for her next role and more CU pros in the news

CU Journal - Thu, 12/14/2017 - 3:42pm
Certification program is aimed at executives looking to forward their careers in the credit union industry.
Categories: Credit Union News

Former CU Manager Accused of Stealing Savings From 91-Year-Old Member

CU Times - Thu, 12/14/2017 - 2:33pm
In a separate fraud case, a Louisiana car dealer admits to a credit union loan fraud for vehicles that didn’t exist.
Categories: Credit Union News

Will 2018 Be the Year of the Bank of Amazon? Experts Weigh In

CU Times - Thu, 12/14/2017 - 2:25pm
What will happen to banking and fintech in 2018? Experts believe we are in for a major change in the industry.
Categories: Credit Union News

Tiny Dekalb County Credit Union to merge into Vibrant CU

CU Journal - Thu, 12/14/2017 - 1:42pm
Dekalb County Credit Union has just $6 million in assets -- approximately the same amount that Vibrant earned in net income last year.
Categories: Credit Union News

Mortgage trade group asks CFPB to delay HMDA rule

CU Journal - Thu, 12/14/2017 - 12:42pm
The Community Home Lenders Association wants Mick Mulvaney, the acting director of the CFPB, to delay implementation of the Home Mortgage Disclosure Act that goes into effect on Jan. 1.
Categories: Credit Union News

State AGs Say They Will Redouble Enforcement Efforts if CFPB Backs Down

CU Times - Thu, 12/14/2017 - 11:48am
States are looking to take up consumer enforcement efforts if the CFPB pulls back on its enforcement.
Categories: Credit Union News

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