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It's official: White House taps Calabria as head of FHFA

CU Journal - Wed, 12/12/2018 - 9:51am
The White House confirmed that it plans to nominate Mark Calabria as the next director of the Federal Housing Finance Agency.
Categories: Credit Union News

Hiway, Allegacy credit unions hike minimum wages

CU Journal - Wed, 12/12/2018 - 8:51am
The institutions are boosting pay at a time when the national unemployment rate has fallen to its lowest level in decades.
Categories: Credit Union News

Seattle Credit Union's lesson in rebranding

CU Journal - Wed, 12/12/2018 - 8:51am
For this credit union, changing its name involved more than just new signs and stationery. It meant a willingness to explore new approaches to how it operates.
Categories: Credit Union News

CUNA Mutual deal could bring banks and credit unions closer together

CU Journal - Wed, 12/12/2018 - 7:51am
The credit union stalwart purchased Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.
Categories: Credit Union News

Managers, VPs and other new leaders from across the industry

CU Journal - Tue, 12/11/2018 - 3:49pm
The latest look at new hires, promotions, appointments and accolades from credit unions across the country
Categories: Credit Union News

Mazuma Credit Union to pay $1.4M to settle overdraft fee suit

CU Journal - Tue, 12/11/2018 - 2:49pm
A number of credit unions have been hit with lawsuits that claim they have charged members overdraft fees despite there being sufficient funds in checking accounts.
Categories: Credit Union News

It’s the most wonderful time of the year – for fraudsters

CU Journal - Tue, 12/11/2018 - 10:49am
While fraud is a year-round concern, credit unions need to be extra vigilant during the holiday season.
Categories: Credit Union News

Waters nominated to chair House banking panel

CU Journal - Tue, 12/11/2018 - 10:49am
The California congresswoman would be the first woman and first African-American to lead the committee.
Categories: Credit Union News

Kathy Kraninger sworn in as CFPB director

CU Journal - Tue, 12/11/2018 - 9:49am
The Trump appointee official took over for Mick Mulvaney as head of the agency following her Senate confirmation last week.
Categories: Credit Union News

What credit unions get wrong – and right – about board diversity

CU Journal - Tue, 12/11/2018 - 7:49am
Analysts say cooperatives have a chance to lead the way in creating more inclusive workplace cultures, but some institutions may forget to ensure their boards reflect their expanding membership.
Categories: Credit Union News

Best practices for building a more diverse board of directors

CU Journal - Tue, 12/11/2018 - 7:49am
From partnering with like-minded organizations to holding town halls, here are experts' suggestions for how credit unions can craft volunteer boards that break the stereotype.
Categories: Credit Union News

Amid mounting losses, Generations CU merges with Community 1st

CU Journal - Mon, 12/10/2018 - 2:48pm
Community 1st Credit Union now has roughly $150 million in assets and more than 12,000 members after absorbing Generations Credit Union.
Categories: Credit Union News

What Calabria at FHFA would mean for GSE reform

CU Journal - Mon, 12/10/2018 - 2:48pm
The administration’s reported interest in having the White House aide run Fannie Mae and Freddie Mac's regulator signals a focus on constraining the mortgage giants’ role in the housing market.
Categories: Credit Union News

Week ahead: NCUA board meets, FCC tackles robocallers and more

CU Journal - Mon, 12/10/2018 - 12:48pm
The National Credit Union Administration will hold its final open board meeting of 2018 this week, amid a host of other regulatory and legislative activity.
Categories: Credit Union News

How credit unions can control their own destiny amid disruptions

CU Journal - Mon, 12/10/2018 - 8:48am
Everything from fintechs to Amazon are threatening the financial services industry. Credit unions need a plan in place to keep up.
Categories: Credit Union News

Credit unions are increasingly diverse – their boards are not

CU Journal - Mon, 12/10/2018 - 7:48am
There's a growing consensus that if credit unions want their institutions to reflect growing diversity among their membership base, significant changes will also need to take place at the board level.
Categories: Credit Union News

State regulators issue C&D order for unlicensed credit union

CU Journal - Fri, 12/07/2018 - 4:43pm
An institution in California calling itself Indian Federal Credit Union purports to be operational but does not have full regulatory licensure.
Categories: Credit Union News

New partnership to give credit unions access to nontraditional credit score

CU Journal - Fri, 12/07/2018 - 3:43pm
CU*Answers is working with VantageScore, and now its institutions will be able to get additional information on members' credit history.
Categories: Credit Union News

New leadership to take over at Sidney Federal Credit Union

CU Journal - Fri, 12/07/2018 - 1:43pm
James Reynolds will become the president and CEO of the New York institution after James Doig retires.
Categories: Credit Union News

What will it take for Congress to act on a data breach?

CU Journal - Fri, 12/07/2018 - 11:42am
Familiar recriminations and calls for legislation from lawmakers followed the massive hack of the Starwood hotel chain, but will Capitol Hill actually do anything?
Categories: Credit Union News

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