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Credit Union News

NAFCU files amicus brief on behalf of APCI FCU

CU Journal - Fri, 03/30/2018 - 8:34am
Latest ADA website lawsuit against a credit union filed in Eastern District of Pennsylvania.
Categories: Credit Union News

Bound by faith and thrift: The double-edged sword of Christian CUs

CU Journal - Fri, 03/30/2018 - 5:34am
Christian credit unions are unique institutions often supported by a faith community, but they face many challenges similar to those of secular CUs.
Categories: Credit Union News

Judge’s ruling a mixed bag for credit unions as trades vow to fight on

CU Journal - Thu, 03/29/2018 - 7:31pm
A federal judge has upheld two provisions from NCUA's revised field of membership rule but struck down two other measures related to population centers.
Categories: Credit Union News

FHFA still eyeing 2019 for implementation of new credit score model

CU Journal - Thu, 03/29/2018 - 4:30pm
The annual progress report on the Fannie Mae and Freddie Mac conservatorships reiterated that a new credit score model will likely not be operational until after the implementation of a new Single Security Initiative.
Categories: Credit Union News

Credit unions tap new crop of leaders

CU Journal - Thu, 03/29/2018 - 3:30pm
Several credit unions make key hires at the "chief" level in finance, marketing, business development and more.
Categories: Credit Union News

Northwest Credit Union Association hails advocacy wins

CU Journal - Thu, 03/29/2018 - 3:30pm
Northwest CU Association hails victory in all three of the states it represents, including an update to Idaho's Credit Union Act, as well as bills related to data security and municipal deposits.
Categories: Credit Union News

Northern California CU changes name to Compass Community CU

CU Journal - Thu, 03/29/2018 - 2:30pm
Following a charter change from employee-based to a community-based field of membership, the credit union said the new name will help it reach its new base.
Categories: Credit Union News

Calif. credit union CEO appointed mayor

CU Journal - Thu, 03/29/2018 - 1:30pm
Mendell Thompson, president and CEO of America’s Christian Credit Union, was named mayor of Glendora, Calif. by the city council.
Categories: Credit Union News

Can you hear me now? VACU sings the praises of voice authentication

CU Journal - Thu, 03/29/2018 - 1:30pm
Voice authentication software has improved call center service at Virginia Credit Union and shortened call times by nearly 25 percent.
Categories: Credit Union News

All 56 Maine credit unions grew in 2017: Report

CU Journal - Thu, 03/29/2018 - 11:30am
Membership, lending and assets were up at every single credit union in Maine last year, according to a recent report from the Maine Credit Union League.
Categories: Credit Union News

Christian Community Credit Union names new CEO

CU Journal - Thu, 03/29/2018 - 9:29am
Doug Martinez succeeds John Walling, who spent 39 years at the helm.
Categories: Credit Union News

CFPB seeks comment on guidance process as part of Mulvaney review

CU Journal - Wed, 03/28/2018 - 5:28pm
The new request for information is the 10th in the series that is part of acting Director Mick Mulvaney’s “call for evidence” to assess the CFPB’s overall effectiveness.
Categories: Credit Union News

Coastal Credit Union hikes minimum wage to $15

CU Journal - Wed, 03/28/2018 - 4:28pm
The North Carolina-based credit union will increase its starting pay to more than double the federal minimum wage.
Categories: Credit Union News

Taunton FCU announces CEO's retirement, successor

CU Journal - Wed, 03/28/2018 - 4:28pm
John Damaso will retire this July after spending 25 years with the credit union. He will be succeeded by SVP Nelson Tavares.
Categories: Credit Union News

CUNA, LSCU file second ADA amicus brief in a week

CU Journal - Wed, 03/28/2018 - 4:28pm
Alabama-based Naheola Credit Union is the latest CU to face a suit citing alleged violations of the Americans With Disabilities Act.
Categories: Credit Union News

CULedger joins global blockchain network

CU Journal - Wed, 03/28/2018 - 4:28pm
The CU blockchain vendor joins global entities like American Express, IBM and Samsung in a consortium aimed at creating distributed ledger technologies.
Categories: Credit Union News

New name, same friendly faces: Credit unions in the community

CU Journal - Wed, 03/28/2018 - 4:28pm
Rebranding celebrations, financial education, hurricane relief donations and other ways credit unions are giving back.
Categories: Credit Union News

Reg relief = cost savings, right? Not so fast

CU Journal - Wed, 03/28/2018 - 3:27pm
One purpose of the Senate bill was for small banks to rein in skyrocketing costs, but some bankers question whether the changes will save them money, and adapting to the reforms may even increase spending.
Categories: Credit Union News

Apathy, blind spots and fixes: 10 insights on workplace harassment

CU Journal - Wed, 03/28/2018 - 12:27pm
Which industries have the highest prevalence of unwanted sexual conduct in the workplace? Will the #MeToo movement have a lasting impact? Key findings from a SourceMedia survey.
Categories: Credit Union News

FHFA announces start date for new common mortgage security

CU Journal - Wed, 03/28/2018 - 12:27pm
After several years of preparation, Fannie Mae and Freddie Mac will start issuing a new, common mortgage-backed security starting June 3, 2019, the Federal Housing Finance Agency said Wednesday.
Categories: Credit Union News

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