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Credit Union News

At NACUSO annual, compliance quartet highlights hot-button issues

CU Journal - Tue, 04/17/2018 - 5:49pm
Representatives from the law firm of Messick, Lauer & Smith took part in a compliance panel during the National Association of Credit Union Service Organizations' annual conference in Anaheim, Calif.
Categories: Credit Union News

With branch acquisition, Peach State FCU continues expansion

CU Journal - Tue, 04/17/2018 - 4:48pm
Peach State Federal Credit Union acquired a former branch of DOCO Credit Union after the latter made the decision to leave the Toccoa, Ga. market.
Categories: Credit Union News

Credit unions announce changes to the C suite, board and more

CU Journal - Tue, 04/17/2018 - 3:48pm
United FCU names new chief financial officer, two credit unions appoint new operations heads and more upwardly mobile executives.
Categories: Credit Union News

Repeal of CFPB rule could still leave car lenders on the hook

CU Journal - Tue, 04/17/2018 - 3:48pm
As the Senate closes in on overturning the Consumer Financial Protection Bureau's 2013 indirect auto loan rule, a central question is how lasting the congressional measure will be in limiting the CFPB's authority.
Categories: Credit Union News

From Motor City to Mortgage City: How Detroit became a fintech hub

CU Journal - Tue, 04/17/2018 - 2:48pm
While the West Coast still reigns as the epicenter of technology development, the Detroit area has quietly emerged as a proving ground for digital mortgage innovations.
Categories: Credit Union News

Q1 sees loans, deposits and membership rise at Rogue CU

CU Journal - Tue, 04/17/2018 - 1:48pm
The Oregon-based credit union reported "strong loan demand" in all regions it serves.
Categories: Credit Union News

Despite DOJ actions, lots of opportunity for CUs in pot banking: Panel

CU Journal - Tue, 04/17/2018 - 1:48pm
Despite a shaky start to 2018, several experts in marijuana banking insist that there are opportunities available for credit unions that want to get involved in a potentially lucrative market.
Categories: Credit Union News

Will the regulators speak with one voice on CRA reform?

CU Journal - Tue, 04/17/2018 - 9:48am
The Office of the Comptroller of the Currency has been leading the charge on revamping the Community Reinvestment Act, but a big unknown is whether the other two regulators charged with carrying out the law are committed to moving ahead as swiftly on a reform plan.
Categories: Credit Union News

Consumer groups oppose Senate repeal of CFPB auto lending rules

CU Journal - Tue, 04/17/2018 - 9:48am
Sixty-four consumer groups are speaking out against a Senate measure, expected to be voted on this week, that would overturn the Consumer Financial Protection Bureau's 2013 regulation on discriminatory pricing by auto lenders.
Categories: Credit Union News

Taxi medallion credit union exec: don't rule cabs—or us—out yet

CU Journal - Mon, 04/16/2018 - 2:43pm
Despite catastrophic disruption, the taxicab industry—and the lenders that serve it—are still alive. Here's how one medallion lender is moving forward.
Categories: Credit Union News

Read all about it: Credit unions in the community

CU Journal - Mon, 04/16/2018 - 9:42am
Instilling a love of books, providing financial education, rebuilding hurricane-damanged CUs and other ways credit unions are giving back.
Categories: Credit Union News

Why more and more credit unions are opting for virtual CISOs

CU Journal - Mon, 04/16/2018 - 7:42am
Whether due to costs, growing cyber threats or other factors, a growing number of credit unions are outsourcing an important C-level security role.
Categories: Credit Union News

Just 2 weeks left to find out if your CU is among the best of the best

CU Journal - Fri, 04/13/2018 - 1:31pm
The registration deadline to participate in Credit Union Journal's Best Credit Unions to Work For program is coming up fast.
Categories: Credit Union News

Whoah, baby! Credit unions in the community

CU Journal - Fri, 04/13/2018 - 9:30am
From partnerships and donations to Reality Fairs and contests, here's how credit unions are giving back to their communities.
Categories: Credit Union News

NIFCU goes live with CUProdigy cloud platform

CU Journal - Fri, 04/13/2018 - 9:30am
The small Illinois-based credit union credited better disaster-prevention strategies as one reason for the core conversion.
Categories: Credit Union News

What reg reform has in common with a classic board game

CU Journal - Fri, 04/13/2018 - 8:30am
It wouldn't be a stretch to say the legislative process surrounding regulatory relief for credit unions is akin to a political game of "Battleship."
Categories: Credit Union News

Bringing up baby (at the credit union)

CU Journal - Fri, 04/13/2018 - 8:30am
An employee at Jeanne D'Arc Credit Union who recently completed the CU's "Infant at Work" program looks back on the process and shares insights on how other credit unions can help working mothers.
Categories: Credit Union News

Payday loans, CFPB data collection and Warren face-off: Mulvaney's 2nd day on Hill

CU Journal - Thu, 04/12/2018 - 4:28pm
Acting CFPB Director Mick Mulvaney took heat from Democrats on whether he planned to take the agency's consumer complaint portal private while responding to Republican fears that its data collection activities pose a data security risk.
Categories: Credit Union News

Sharetec signed 16 new credit union clients in 2017

CU Journal - Thu, 04/12/2018 - 4:28pm
Users cite ease of use, ability to offer advanced products, services.
Categories: Credit Union News

Nassau Educators FCU CEO Paternostro set to retire

CU Journal - Thu, 04/12/2018 - 2:28pm
Paternostro has led the Westbury, N.Y.-based credit union for 32 years.
Categories: Credit Union News

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