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Credit Union News

Enterprise Car Sales CUs generated record loan volume in 2017

CU Journal - Fri, 04/06/2018 - 4:03pm
The St. Louis-based company partnered with 38 new credit unions last fiscal year.
Categories: Credit Union News

Financial regulatory actions under Trump fall to historic lows

CU Journal - Fri, 04/06/2018 - 4:03pm
As lawmakers consider reforms to the Dodd-Frank Act, fresh data shows a dramatic reduction in new items issued by the regulatory agencies.
Categories: Credit Union News

Thinking pink: Credit unions in the community

CU Journal - Fri, 04/06/2018 - 3:03pm
Donations for life-saving research, branch expansion, activities for kids and other ways credit unions are giving back.
Categories: Credit Union News

How a Wisconsin credit card program is changing lives around the world

CU Journal - Fri, 04/06/2018 - 1:03pm
The "Global Good Card" from Summit Credit Union has donated nearly $12,000 to the Worldwide Foundation for Credit Unions, and one person leading the charge says the program can easily be exported to other CUs.
Categories: Credit Union News

Dear Congress: We can't wait on reg relief

CU Journal - Fri, 04/06/2018 - 1:03pm
Small financial institutions are eager to see the Senate’s reform bill signed into law, but House efforts to amend the legislation risk stalling the effort.
Categories: Credit Union News

Dugway Federal Credit Union merges into Mountain America

CU Journal - Fri, 04/06/2018 - 12:03pm
The $2.9 million-asset Dugway Federal Credit Union served fewer than 700 members.
Categories: Credit Union News

Michigan’s Genisys Credit Union reaches $1.5 billion in loans

CU Journal - Fri, 04/06/2018 - 11:03am
The Auburn Hills, Mich.-based credit union serves 200,000 members with more than $2.3 billion in assets.
Categories: Credit Union News

Workers CU gives back $3.6M to members

CU Journal - Fri, 04/06/2018 - 10:03am
This is the fourth consecutive year the Mass.-based credit union has returned a dividend to members.
Categories: Credit Union News

As more ADA suits dismissed, are plaintiffs’ lawyers changing tactics?

CU Journal - Thu, 04/05/2018 - 4:59pm
Credit unions have seen a slew of legal victories in lawsuits claiming CUs' websites violated the Americans with Disabilities Act, but there are fears attorneys pursuing those cases may be changing their strategy.
Categories: Credit Union News

Mulvaney thwarts Warren inquiry, citing CFPB structure

CU Journal - Thu, 04/05/2018 - 2:58pm
The agency’s acting director uses a reply letter to the senator not to answer her questions but to underscore that Congress lacks the ability to compel answers to such questions.
Categories: Credit Union News

NCUA’s Metsger hammers federal judge’s field-of-membership ruling

CU Journal - Thu, 04/05/2018 - 12:58pm
National Credit Union Administration Board Member Rick Metsger says a federal judge overstepped her bounds when striking down portions of the agency's field-of-membership rule, but stopped short of saying the regulator planned to appeal the decision.
Categories: Credit Union News

CU Association of the Dakotas hands out $10K in member rebates

CU Journal - Thu, 04/05/2018 - 12:58pm
The rebates are part of the league's "Member Engagement Rewards Program."
Categories: Credit Union News

CU's internship program gets results – and a nod from Ben Carson

CU Journal - Thu, 04/05/2018 - 11:58am
A "three-pronged" internship and management program at HUD Federal Credit Union is helping professionals across all stages of their careers, and the initiative has garnered notice from HUD Secretary Dr. Ben Carson.
Categories: Credit Union News

Pennsylvania credit union signs with Sharetec System for core processing

CU Journal - Thu, 04/05/2018 - 10:57am
Latrobe Area Hospital Federal Credit Union chose the new provider to improve its member-facing technology, and save both time and money.
Categories: Credit Union News

Allied Trades Credit Union says UNCLE

CU Journal - Thu, 04/05/2018 - 10:57am
UNCLE Credit Union is continuing its expansion into the Stockton, Calif., market via merger with Allied Trades CU.
Categories: Credit Union News

Similarly sized Maine credit unions merge

CU Journal - Thu, 04/05/2018 - 8:57am
The $63 million-asset Taconnet Federal Credit Union ha merged with $94 million-asset New Dimensions Credit Union
Categories: Credit Union News

Franklin Mint FCU elevates EVP to top job after CEO's death

CU Journal - Wed, 04/04/2018 - 3:55pm
Michael B. Magnavita will take the helm at the Chadds Ford, Pa.-based credit union following the death earlier this year of CEO John D. Unangst.
Categories: Credit Union News

Here comes the sun: Credit unions in the community

CU Journal - Wed, 04/04/2018 - 2:54pm
From renewing efforts to promote solar energy to making donations to fight cancer and benefit Children's Miracle Network Hospitals and more, here's how credit unions are giving back to the communities they serve.
Categories: Credit Union News

Credit bureaus aren’t going anywhere. For now

CU Journal - Wed, 04/04/2018 - 1:54pm
Some speculate that the banks who do business with credit reporting agencies may be looking for alternatives after mounting concerns about their ability to keep information private. But breaking up is hard to do.
Categories: Credit Union News

Connecticut credit unions set for merger

CU Journal - Wed, 04/04/2018 - 11:54am
CorePlus Federal Credit Union will acquire Connecticut Community CU in a merger expected to close later this year, pending regulatory and member approval.
Categories: Credit Union News

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