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Credit Union News

CFPB's union ready to battle Mulvaney as job cuts loom

CU Journal - Thu, 05/10/2018 - 4:52pm
The union representing employees at the CFPB is already fighting acting Director Mick Mulvaney's efforts to restructure the agency, and readying for a potentially larger conflict as rumors of layoffs swirl.
Categories: Credit Union News

AI dominates Day Two of CO-OP's THINK Conference

CU Journal - Thu, 05/10/2018 - 3:52pm
As chat bots, video assistants and other artificial inteligence tools proliferate, how can humanity – and credit unions – survive?
Categories: Credit Union News

Why the ‘imagination gap’ is bad for business

CU Journal - Thu, 05/10/2018 - 2:51pm
A former GE executive told the 2018 CO-OP THINK Conference too many institutions are harmed by stifling creativity – and the problem is getting worse.
Categories: Credit Union News

Public Service CU to buy seven CO-OP branches in Detroit area

CU Journal - Thu, 05/10/2018 - 2:51pm
As part of the deal, the the $275 million credit union has agreed to continue operating them as part of the shared branching firm's network.
Categories: Credit Union News

Country FCU to change charter, name

CU Journal - Thu, 05/10/2018 - 2:51pm
The move is expectedto take effect June 1.
Categories: Credit Union News

NAFCU files second ADA-related brief supporting Pa. credit union

CU Journal - Thu, 05/10/2018 - 11:51am
As credit unions continue to defend themselves against lawsuits claiming their websites aren't ADA-compliant, the trades are scrambling to offer their support.
Categories: Credit Union News

Coastal CU enters multi-pronged sports and entertainment partnership

CU Journal - Thu, 05/10/2018 - 11:51am
The North Carolina-based credit union has partnered with two local soccer teams and a minor league baseball club, along with a realty corporation that runs an outdoor entertainment venue.
Categories: Credit Union News

Q1 net income up 29% year-over-year at Altura Credit Union

CU Journal - Thu, 05/10/2018 - 8:51am
The California-based credit union says membership saw ‘solid’ growth in the first quarter of 2018.
Categories: Credit Union News

CO-OP unveils COOPER to help credit unions fight fraud

CU Journal - Wed, 05/09/2018 - 3:50pm
The initiative was rolled out during CO-OP's annual THINK Confernece, taking place this week in Chandler, Ariz.
Categories: Credit Union News

Day One of CO-OP’s THINK Conference means big talk of big data

CU Journal - Wed, 05/09/2018 - 3:50pm
From AI's impact on how we live to leadership lessons from an Olympian, making the most of analytics and more, here's a look inside the 2018 THINK Conference.
Categories: Credit Union News

Recognizing local nonprofits: Credit unions in the community

CU Journal - Wed, 05/09/2018 - 2:50pm
From Boys & Girls Clubs to food pantries, Honor Flights and more, here's how credit unions are helping other organizations that give back to their communities.
Categories: Credit Union News

GrooveCar reports higher online engagement for partner credit unions

CU Journal - Wed, 05/09/2018 - 11:49am
The New York-based firm said it now reaches 4.3 million members, a 58 percent increase over the previous year.
Categories: Credit Union News

Three questions as House reg relief vote nears

CU Journal - Wed, 05/09/2018 - 10:49am
The House affirmed this week that it would move forward with a vote on a Senate bill overhauling parts of Dodd-Frank, but how far lawmakers push additional relief proposals is still unclear.
Categories: Credit Union News

Municipal CU CEO charged with multitude of financial crimes

CU Journal - Tue, 05/08/2018 - 5:48pm
Kam Wong, chief executive at the high-profile, $2.9 billion credit union that serves the NYPD, among other municipal workers, has been charged with fraud.
Categories: Credit Union News

In Michigan, Credit Union ONE acquires Hantz Bank

CU Journal - Tue, 05/08/2018 - 4:48pm
The deal, which still requires regulatory approval, will give Credit Union ONE about $1.4 billion in assets and 26 branch locations throughout the state.
Categories: Credit Union News

White House looks to extend Mulvaney's CFPB tenure

CU Journal - Tue, 05/08/2018 - 4:48pm
The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.
Categories: Credit Union News

Verizon report raises big data security concerns for credit unions

CU Journal - Tue, 05/08/2018 - 2:48pm
Among the findings, credit unions may not be doing enough to protect against malware, which involved in nearly 40 percent of hacking incidents, as well as Trojan botnets and denial of service attacks.
Categories: Credit Union News

Kirtland FCU drops interim tag from CEO’s title

CU Journal - Tue, 05/08/2018 - 1:47pm
President and CEO Tom Shoemaker has been interim CEO since October 2017.
Categories: Credit Union News

Downs steps down at Crane Credit Union, successor in place

CU Journal - Tue, 05/08/2018 - 1:47pm
The 29-year credit union veteran oversaw a number of big changes and milestones during his tenure, including growing assets from $48 million to $558 million.
Categories: Credit Union News

Campus Federal Credit Union CEO announces retirement

CU Journal - Tue, 05/08/2018 - 12:47pm
Dawn Harris has been with the Baton Rouge, La.-based credit union since 1983.
Categories: Credit Union News

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