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Credit Union News

Banks Beware: Most Customers Suspect Tech Can Do Your Job Better

CU Times - Mon, 11/20/2017 - 12:40pm
A vast majority of consumers surveyed are willing to give tech giants like Amazon a shot at handling their fiances.
Categories: Credit Union News

Manchester credit unions united

CU Journal - Mon, 11/20/2017 - 12:20pm
The merger of Fallowfield and South Manchester CUs will give the institution a total of 3,700 members and a loan portfolio of $3.6 million.
Categories: Credit Union News

Credit union's capital raise is making bankers nervous

CU Journal - Mon, 11/20/2017 - 12:20pm
Jefferson Financial Credit Union in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. Will it embolden other CU to pursue similar fundraising efforts?
Categories: Credit Union News

CUs in Fla., Ala. report continued growth in key metrics

CU Journal - Mon, 11/20/2017 - 12:20pm
Lending -- and particularly member business lending -- in the two states continues to rise, according to new data.
Categories: Credit Union News

Belco Community CU, SkyOne FCU, Ent CU Promote Employees

CU Times - Mon, 11/20/2017 - 11:54am
Five credit unions and one league announce People news this week.
Categories: Credit Union News

Credit Unions to New CFPB Director: Back Off

CU Times - Mon, 11/20/2017 - 11:34am
As Cordray vacates his position at CFPB, credit union leaders want to see a shift in how regulation/compliance is done.
Categories: Credit Union News

Zombie Trojan Back to Phish Finance Documents

CU Times - Mon, 11/20/2017 - 8:53am
There's a resurgence in phishing - this time it's with a Zombie Trojan.
Categories: Credit Union News

Mulvaney as CFPB head? Five things to know

CU Journal - Sun, 11/19/2017 - 9:19pm
Mick Mulvaney, President Trump's likely interim head of the CFPB, has taken tough stances on the CFPB, its payday lending rule, housing finance reform and other issues pending before the agency.
Categories: Credit Union News

Desert Schools Federal Credit Union forms IT CUSO

CU Journal - Fri, 11/17/2017 - 4:11pm
Company formed in partnership with core processing provider Corelation.
Categories: Credit Union News

Housing finance reform next on to-do list for Trump and Congress

CU Journal - Fri, 11/17/2017 - 4:11pm
The White House and congressional GOP leaders are eyeing a tight window between tax reform passage and the 2018 midterms to pass housing finance reform. And with key policymakers readying their exit, the effort could be the most concerted push yet.
Categories: Credit Union News

ADA Cases Spread to Georgia Credit Unions

CU Times - Fri, 11/17/2017 - 3:41pm
More credit unions pulled into ADA lawsuits as one CU moves to dismiss the lawsuit on grounds of field of membership.
Categories: Credit Union News

Silver State Schools Credit Union continues its roll

CU Journal - Fri, 11/17/2017 - 3:11pm
Las Vegas-based credit union has posted 22 consecutive quarters of positive earnings.
Categories: Credit Union News

Setting kids up for success: Credit unions in the community

CU Journal - Fri, 11/17/2017 - 3:11pm
Teaching financial literacy, being recognized by the SBA, showcasing the power of advocacy and other ways credit unions are giving back in their communities.
Categories: Credit Union News

360 FCU names new CEO

CU Journal - Fri, 11/17/2017 - 3:11pm
Duane Crisco will take the reins next month, succeeding Robert Aresti, who is retiring after 26 years at the credit union.
Categories: Credit Union News

U.S. Home Starts Reach Highest Level in a Year

CU Times - Fri, 11/17/2017 - 3:01pm
The latest report from government officials shows building permits for single-family homes are up in Q3.
Categories: Credit Union News

Mortgage delinquencies rise following the three hurricanes

CU Journal - Fri, 11/17/2017 - 1:10pm
The three major hurricanes that caused so much devastation during August and September was largely responsible for the third-quarter increase in mortgage delinquencies.
Categories: Credit Union News

Credit Union Employee Helps Catch a Thief

CU Times - Fri, 11/17/2017 - 12:10pm
An audit caught a $10,000 internal theft and an alert employee caught a car loan fraudster.
Categories: Credit Union News

Small Businesses Reveal Cash Flow Issues, but Optimistic Outlook

CU Times - Fri, 11/17/2017 - 9:57am
Three out of four small businesses have delayed purchases due to cash flow management problems.
Categories: Credit Union News

Senate Committee Approves Tax Bill, Preserving CU Tax Exemption

CU Times - Fri, 11/17/2017 - 8:36am
The Senate version of tax reform, as the House version, keeps credit union tax exemption in place.
Categories: Credit Union News

How bringing together local businesses is helping grow North Jersey FCU

CU Journal - Fri, 11/17/2017 - 8:10am
The credit union has hosted its annual Business Summit for the last seven years, and the event continues to grow in popularity.
Categories: Credit Union News

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