Credit Union News
Albany-area credit union merger in the works
Albany, N.Y.-based Health Employees Federal Credit Union will merge into State Employees Credit Union in June if regulators approve the deal.
Categories: Credit Union News
CEO at Ohio's Community One CU steps down after 43-year career
Evelyn Canterbury is retiring from the Ohio-based CU after having been appointed CEO in 1982. The credit union's CFO, Paula Heitger, took the helm April 1.
Categories: Credit Union News
As CEO plans retirement, First Heritage FCU names new leadership
Credit union veteran Thomas Pisano will serve as president and work alongside CEO Dan Rourke until he retires early next year.
Categories: Credit Union News
Shamrock Federal Credit Union rebrands as Texan Sky CU
The credit union changed its name to reflect a wider field of membership.
Categories: Credit Union News
House Dems to Mulvaney: Where are the enforcement actions?
In his first of two Capitol Hill hearings this week, Democrats hammered the acting director of the Consumer Financial Protection Bureau for ignoring what they view as the agency's core purpose.
Categories: Credit Union News
With Ryan departing, it’s now or never for reg relief
House Speaker Paul Ryan's decision not to seek re-election is another sign of the difficulties Republicans will likely face in holding the chamber in November, heightening pressure to move a pending regulatory relief bill as soon as possible.
Categories: Credit Union News
Firefly Credit Union touts $24 million in member savings last year
The figure comes from the Minnesota-based credit union's annual Member Value Report.
Categories: Credit Union News
NCUA to hold webinar on Bank Secrecy Act
After FinCEN issued its final BSA rule, the NCUA plans to address requirements about ongoing customer due diligence.
Categories: Credit Union News
Minnesota credit unions complete merger as CEO plans retirement
Floodwood Area credit union and Northwoods Credit Union have completed a merger, with the resulting institution holding more than $110 million in assets and serving more than 10,000 members.
Categories: Credit Union News
CFPB eyes potential changes to consumer complaint process
The Consumer Financial Protection Bureau on Wednesday asked for public input on the way it receives and processes complaints from consumers in what the agency said was a preliminary step toward making improvements.
Categories: Credit Union News
AdvantEdge Analytics acquires data systems integration firm
With the purchase of Finivation, the CUSO hopes to deliver better data integration to the credit union industry.
Categories: Credit Union News
What changes do CUNA/NAFCU want to see at CFPB? Plenty!
Both national credit union trade associations submitted letters in advance of CFPB acting director Mick Mulvaney's House Financial Services Committee hearing.
Categories: Credit Union News
5 issues that could make sparks fly in Mulvaney testimony
Questions about the CFPB’s structure, high-profile enforcement actions and the acting director’s rift with Elizabeth Warren could dominate two days of hearings on Capitol Hill.
Categories: Credit Union News
United FCU teams up with minor league baseball club
The credit union will be the naming rights sponsor for the team’s new rooftop apartment deck.
Categories: Credit Union News
How to make your culture a competitive weapon
It's not enough to say you provide excellent service. You have to define what it is in a concrete, measurable way to live up to that promise. Take these steps to do just that.
Categories: Credit Union News
Putting a focus on talent and skills
From awards to promotions, appointments and special honors, here's how credit union professionals are making an impact.
Categories: Credit Union News
Should NCUA appeal field-of-membership ruling?
A federal judge struck down two portions of the National Credit Union Administration's field-of-membership rule, but sources within the industry are divided on whether or not an appeal is the best course of action.
Categories: Credit Union News
Why merchants won't care about the death of card signatures
The card networks recently admitted what consumers have long suspected—card signatures have become worthless for authentication at the point of sale. But that's not the end of this story.
Categories: Credit Union News
Two trade groups sue CFPB over payday rule
The lawsuit, filed in the U.S. District Court for the Western District of Texas, alleges that the CFPB rule is "arbitrary, capricious, and unsupported by substantial evidence."
Categories: Credit Union News
Week ahead: Mulvaney testifies as CUs await more reg relief hearings
Credit unions will know soon how much regulatory relief they might see from Congress and the Consumer Financial Protection Bureau.
Categories: Credit Union News
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