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Will Millennials Be Ready for Retirement? It Doesn’t Look Good

CU Times - Tue, 01/30/2018 - 8:53am
Millennials have it tougher than other generations did at their age, according to a new study.
Categories: Credit Union News

Crooks Hitting the Jackpot at U.S. ATMs

CU Times - Tue, 01/30/2018 - 8:43am
"Jackpotting" is a new ATM scheme and credit unions should be concerned.
Categories: Credit Union News

Mulvaney could use Dodd-Frank to gut CFPB mortgage rules

CU Journal - Mon, 01/29/2018 - 5:05pm
The acting head of the Consumer Financial Protection Bureau can utilize "look-backs" of mortgage servicing and underwriting rules to push for significant changes.
Categories: Credit Union News

Promise keepers: Credit unions in the community

CU Journal - Mon, 01/29/2018 - 5:05pm
From funding life-saving research to making sure kids have quality shoes, here's another look at how credit unions are giving back.
Categories: Credit Union News

Silver State Schools CU posts 23rd straight quarter of positive earnings

CU Journal - Mon, 01/29/2018 - 4:05pm
The credit union saw net income of nearly $3 million during Q4 and more than $11 million for the year.
Categories: Credit Union News

Will credit union auto lending shift gears in 2018?

CU Journal - Mon, 01/29/2018 - 4:05pm
Long called the bread and butter of credit unions, auto lending will remain a key offering, but a number of factors could point to a slowdown in the year ahead.
Categories: Credit Union News

Savings Rate Dips to Pre-Recession Low

CU Times - Mon, 01/29/2018 - 3:15pm
A CUNA economist is still confident that the growth is sustainable despite the drop in the savings rate.
Categories: Credit Union News

Sexual harassment widely experienced, but rarely reported in mortgage lending

CU Journal - Mon, 01/29/2018 - 3:04pm
More than 70% of women mortgage professionals have experienced sexual harassment in the workplace, but these incidents go drastically underreported, according to a recent Mortgage Bankers Association survey.
Categories: Credit Union News

Banks, credit unions urge Senate leaders to hold vote on reg relief

CU Journal - Mon, 01/29/2018 - 2:04pm
Four financial trade associations sent a letter to Senate leaders touting bill as "example of how our elected leaders can advance necessary solutions by working together and across the aisle."
Categories: Credit Union News

CO-OP processes record number of credit union transactions in 2017

CU Journal - Mon, 01/29/2018 - 1:04pm
The company more than doubled the total number of transactions it performed for credit unions in 2016, driven in large part by its acquisition of TMG in April
Categories: Credit Union News

India & Mexico Get an Early Taste of the ‘Bank of Amazon’

CU Times - Mon, 01/29/2018 - 12:35pm
Almost half of credit unions consider large tech companies to be a "significant threat."
Categories: Credit Union News

The Rewards & Cyber Risks of Internet of Things Devices

CU Times - Mon, 01/29/2018 - 11:52am
Understanding the risks and rewards of IoT will help credit unions manage the digital landscape and protect member information.
Categories: Credit Union News

The Rewards & Cyberrisks of Internet of Things Devices

CU Times - Mon, 01/29/2018 - 11:52am
Understaning the risks and rewards of IoT will help credit unions manage the digital landscape and protect member information.
Categories: Credit Union News

Credit Union Prevails in ADA Case

CU Times - Mon, 01/29/2018 - 10:40am
A judge ruled that the plaintiff "had no standing" on claims against Northwest Federal Credit Union.
Categories: Credit Union News

Federal judge dismisses ADA suit against credit union

CU Journal - Mon, 01/29/2018 - 10:04am
A judge in federal district court on Friday declared the plaintiff in Carroll vs. Northwest Federal Credit Union did not have standing to sue due to ineligibility for membership at the credit union.
Categories: Credit Union News

Rogue CU gives back to members with 'Ownership Account'

CU Journal - Mon, 01/29/2018 - 9:03am
The Oregon-based credit union has returned more than $5 million to members since the account was created in 2016.
Categories: Credit Union News

CFPB overhaul continues: Looking back at an eventful week

CU Journal - Mon, 01/29/2018 - 9:03am
Mick Mulvaney’s unapologetic memo to staff about the Consumer Financial Protection Bureau’s mission headlined a spate of developments this past week as he continues to transform the agency. Here are the key developments.
Categories: Credit Union News

Cornerstone League Joins Plexcity

CU Times - Mon, 01/29/2018 - 8:12am
The nation’s largest regional state league joins California-based CUSO to reduce costs of back office operations.
Categories: Credit Union News

Maine’s UCU, Volunteer Corporate CU, CUNA Hire Talent

CU Times - Mon, 01/29/2018 - 8:03am
Eight credit unions and CUNA make personnel announcements this week.
Categories: Credit Union News

Is Trump team moving to political middle in CFPB director search?

CU Journal - Fri, 01/26/2018 - 4:55pm
The candidates being discussed lately to run the agency bring experience on consumer protection issues, and potential bipartisan appeal.
Categories: Credit Union News

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