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Updated: 27 min 12 sec ago

State budget bill could force Iowa's biggest credit union to rebrand

Fri, 05/18/2018 - 4:18pm
The CEO of Iowa's largest credit union suspects a rider attached to a budget bill before the state's legislature was inserted to "placate bankers" after the recent failure of a move to tax CUs there.
Categories: Credit Union News

Wisconsin 'bank' battle: Credit unions, bankers spar over NCUA ruling

Fri, 05/18/2018 - 4:18pm
The Wisconsin Bankers Association is rejecting a National Credit Union Administration ruling that the Federal Credit Union Act preempts a pair of state banking statues.
Categories: Credit Union News

Why fintechs and credit unions are an ideal match for mortgages

Fri, 05/18/2018 - 1:18pm
Credit unions may be able to reach more underserved consumers through partnerships with an unlikely ally.
Categories: Credit Union News

Prize-linked savings now on the menu at Louisiana credit unions

Fri, 05/18/2018 - 12:18pm
The Louisiana Credit Union League has partnered with more than a dozen CUs in the state to offer the Lucky Lagniappe Savings Account.
Categories: Credit Union News

NCUA gives Wisconsin CUs the OK for 'bank' verbiage

Fri, 05/18/2018 - 9:17am
In a letter responding to a request for clairty from the Wisconsin Credit Union League, the federal regulator expanded its preemption to include state-chartered, federally insured CUs.
Categories: Credit Union News

What’s in a name? One small CU asks the public for help rebranding

Fri, 05/18/2018 - 8:17am
In letting the community suggest new names, can Red River Mill Employees FCU avoid the “Boaty McBoatface” problem?
Categories: Credit Union News

Former CFCU Community Credit Union CEO dead at 69

Thu, 05/17/2018 - 3:11pm
Robert Witty started at the Ithaca, N.Y.-based credit union in 1969, working his way up to CEO in 1984. He retired in 2010.
Categories: Credit Union News

Zelle founder Paul Finch to step down

Thu, 05/17/2018 - 3:11pm
"It was a difficult decision, but we’re at a good spot to do this,” Finch, 55, said in an interview.
Categories: Credit Union News

Hensarling is steadfast: Senate bill not the end of financial reforms

Thu, 05/17/2018 - 1:11pm
The soon-to-be-retiring chair of the House Financial Services Committee said Senate leaders have made a "commitment" to consider more changes.
Categories: Credit Union News

More money, more problems? Not at this credit union

Thu, 05/17/2018 - 12:11pm
Amid a booming economy and a competitive market, Jackson, Mich.-based American 1 Credit Union has raised wages for all employees but the CEO.
Categories: Credit Union News

CU Realty Services partners with 3 Florida credit unions

Thu, 05/17/2018 - 9:11am
The credit union service organization now offers real estate services to a dozen CUs in Florida.
Categories: Credit Union News

From overdraft to HMDA, rulemaking has new look at Mulvaney’s CFPB

Wed, 05/16/2018 - 4:09pm
Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.
Categories: Credit Union News

If these credit unions aren't big enough to survive, who is?

Wed, 05/16/2018 - 4:09pm
The most common credit union mergers involve a small credit union being acquired by a much larger one, but that could be changing, as three recent deals involving credit unions with more than $300 million in assets as the ones being merged out.
Categories: Credit Union News

Helping CU leaders from around the world: Credit unions in the community

Wed, 05/16/2018 - 1:08pm
Hosting overseas delegations of credit union professionals, giving back to the homeless and sick kids, and more ways CUs are making a difference.
Categories: Credit Union News

As CEO Pat Jury prepares to retire from Iowa CU League, successor named

Wed, 05/16/2018 - 12:08pm
Murray Williams has been with the league for 22 years and has served as chief operating officer since 2011.
Categories: Credit Union News

How to beat the competition after disaster strikes

Wed, 05/16/2018 - 10:08am
With the 2018 hurricane season just around the corner, a recent report from the Federal Reserve highlights how much competition credit unions face when it comes to lending to small businesses recovering from natural disasters.
Categories: Credit Union News

CU Members Mortgage inks deal with 14 credit unions

Wed, 05/16/2018 - 10:08am
The deal includes five new clients and re-established or expanded relationships with nine additional credit unions.
Categories: Credit Union News

North Shore FCU selects CUProdigy for core processing

Wed, 05/16/2018 - 9:08am
The Minnesota-based credit union said its current system was not keeping up with the marketplace.
Categories: Credit Union News

House reg relief vote now in sight

Wed, 05/16/2018 - 9:08am
After months of delay, the House is planning to vote on legislation next week that would amend the Dodd-Frank Act.
Categories: Credit Union News

Mulvaney vows to 'bring sanity' to Qualified Mortgage rule

Tue, 05/15/2018 - 5:05pm
Acting CFPB Director Mick Mulvaney suggested that digital mortgages should be held to different standards than ones originated by credit unions and banks.
Categories: Credit Union News

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