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Allied Trades Credit Union says UNCLE

CU Journal - Thu, 04/05/2018 - 10:57am
UNCLE Credit Union is continuing its expansion into the Stockton, Calif., market via merger with Allied Trades CU.
Categories: Credit Union News

Similarly sized Maine credit unions merge

CU Journal - Thu, 04/05/2018 - 8:57am
The $63 million-asset Taconnet Federal Credit Union ha merged with $94 million-asset New Dimensions Credit Union
Categories: Credit Union News

Franklin Mint FCU elevates EVP to top job after CEO's death

CU Journal - Wed, 04/04/2018 - 3:55pm
Michael B. Magnavita will take the helm at the Chadds Ford, Pa.-based credit union following the death earlier this year of CEO John D. Unangst.
Categories: Credit Union News

Here comes the sun: Credit unions in the community

CU Journal - Wed, 04/04/2018 - 2:54pm
From renewing efforts to promote solar energy to making donations to fight cancer and benefit Children's Miracle Network Hospitals and more, here's how credit unions are giving back to the communities they serve.
Categories: Credit Union News

Credit bureaus aren’t going anywhere. For now

CU Journal - Wed, 04/04/2018 - 1:54pm
Some speculate that the banks who do business with credit reporting agencies may be looking for alternatives after mounting concerns about their ability to keep information private. But breaking up is hard to do.
Categories: Credit Union News

Connecticut credit unions set for merger

CU Journal - Wed, 04/04/2018 - 11:54am
CorePlus Federal Credit Union will acquire Connecticut Community CU in a merger expected to close later this year, pending regulatory and member approval.
Categories: Credit Union News

Hingham FCU completes merger into Liberty Bay Credit Union

CU Journal - Wed, 04/04/2018 - 9:54am
While the merger was legally completed nealry a year ago, it was not until recently that the process of integrating the two institutions' technology was wrapped up.
Categories: Credit Union News

How some credit unions are working to attract and retain Gen Z members

CU Journal - Wed, 04/04/2018 - 7:53am
A generation that has never known a world without cell phones or the internet – in other words, those born in the year 2000 or later – is driving credit unions to redefine traditional approaches to banking, technology, communication and more.
Categories: Credit Union News

Under attack from banker, University of Iowa Community CU defends name

CU Journal - Tue, 04/03/2018 - 4:52pm
A University of Iowa regent who questioned the credit union's relationship with the university is part-owner of a local bank.
Categories: Credit Union News

Service and security take center stage with key promotions

CU Journal - Tue, 04/03/2018 - 3:52pm
A trio of operations executives move up the ladder at Golden 1, new inductees to Hall of Leaders and more new hires, promotions and special recognition.
Categories: Credit Union News

Texas Trust Credit Union closes merger with Qualtrust CU

CU Journal - Tue, 04/03/2018 - 11:52am
The Arlington, Texas-based credit union now has more than $1.2 billionin assets and serves more than 114,000 members. The merger was first announced last spring.
Categories: Credit Union News

Weed is serious business for Canada's go-to pot banker

CU Journal - Tue, 04/03/2018 - 11:52am
Rob Paterson didn't seem to fit the script of a go-to banker for the pot industry — he barely drank and hadn't smoked a joint since his university days. But three years since taking on his first marijuana customer, that's just what the CEO of Alterna Savings & Credit Union has become.
Categories: Credit Union News

It ‘would stab a knife’ into CFPB: Critics react to Mulvaney proposal

CU Journal - Tue, 04/03/2018 - 10:52am
The latest salvo by the acting director of the Consumer Financial Protection Bureau — proposing in the agency's semiannual report that all CFPB rules be subject to congressional approval — left many observers stumped if not outraged.
Categories: Credit Union News

1st United CU promotes from within for new CEO

CU Journal - Tue, 04/03/2018 - 9:51am
CFO Steve Stone has been elevated to the chief executive position following the retirement of CEO Victor Quint.
Categories: Credit Union News

Cherokee Strip CU signs core data deal with CU*Answers

CU Journal - Tue, 04/03/2018 - 9:51am
The $70 million-asset credit union is scheduled for conversion by the end of this year.
Categories: Credit Union News

Credit unions face risks if NCUA appeals field of membership ruling

CU Journal - Mon, 04/02/2018 - 4:49pm
If the National Credit Union Administration appeals a judge's decision against part of its rule, it could help the ABA potentially upend other provisions.
Categories: Credit Union News

Homeowners tapping into more equity, while keeping leverage low

CU Journal - Mon, 04/02/2018 - 4:49pm
Mortgage borrowers collectively hold more equity in their homes than at any other time on record, but while some analysis shows they've been slow to borrow against this newfound wealth, credit union home equity lending was up significantly last year.
Categories: Credit Union News

CFPB's Mulvaney looks to rein in ‘tyranny’ of agency he runs

CU Journal - Mon, 04/02/2018 - 2:49pm
Acting Consumer Financial Protection Bureau Director Mick Mulvaney proposed dramatic curbs to his agency's power in a report Monday, including a recommendation that all CFPB rules must be approved by Congress.
Categories: Credit Union News

Bill Raker to retire from Firefly Credit Union at year end

CU Journal - Mon, 04/02/2018 - 12:49pm
After 32 years of service – 20 as CEO – the credit union veteran will step down at the $1.2 billion-asset institution.
Categories: Credit Union News

NCUA bans three in March prohibition orders

CU Journal - Mon, 04/02/2018 - 11:48am
The trio of former credit union employees all pleaded guilty to various charges of fraud and theft.
Categories: Credit Union News

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