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Credit Card Debt Rises in Q1: CardHub

CU Times - Wed, 06/08/2016 - 2:45pm
Households pay off just 38% of the amount they added to cards in 2015.
Categories: Credit Union News

North Island Financial, California CU to Merge

CU Times - Wed, 06/08/2016 - 11:06am
The $1.24B North Island’s CEO, Steve O’Connell, previously led the $1.53B California CU.
Categories: Credit Union News

Nutmeg State Financial Refutes ALLL Allegations

CU Times - Tue, 06/07/2016 - 3:59pm
The $387 million credit union's attorney clarifies CEO compensation details and asserts audit findings.
Categories: Credit Union News

Card Issuers Lose $10.9B to Fraud: LexisNexis

CU Times - Tue, 06/07/2016 - 3:06pm
Fraudsters target credit cards three times as often as debit cards, a new study reveals.
Categories: Credit Union News

Altura, Atlanta Postal, Others Announce Staff Moves

CU Times - Tue, 06/07/2016 - 12:15pm
Ten credit unions, including Redstone, Redwood and GTE Financial, reveal hires, promotions and retirements.
Categories: Credit Union News

NCUA Seeks Call Report Feedback by Aug. 1

CU Times - Tue, 06/07/2016 - 10:40am
A call report process review could result in optional sections for small credit unions.
Categories: Credit Union News

Hensarling Unveils Dodd-Frank Repeal

CU Times - Tue, 06/07/2016 - 10:25am
The Financial CHOICE Act includes credit union exam cycle and call report changes, and calls for a CFPB commission.
Categories: Credit Union News

Tropical Storm Colin Sends Vystar Employees Home

CU Times - Mon, 06/06/2016 - 10:42pm
The $6.1B Jacksonville, Fla.-based Vystar closed its offices and call center early on Monday.
Categories: Credit Union News

Former Execs Sue Nutmeg State Financial CU

CU Times - Mon, 06/06/2016 - 10:10pm
Fired CFO and VP of lending allege current CEO violated GAAP rules to meet income goals.
Categories: Credit Union News

Fiserv Earns Another Fortune 500 Ranking

CU Times - Mon, 06/06/2016 - 11:36am
The core provider is also among Fortune World's Most Admired companies.
Categories: Credit Union News

Credit Unions Must Safeguard Sensitive Data Footprint

CU Times - Mon, 06/06/2016 - 9:35am
Many financial services organizations don't know what, how much and where personally identifiable exists on their networks.
Categories: Credit Union News

Maine League's Murphy Announces Retirement

CU Times - Mon, 06/06/2016 - 8:55am
Murphy will leave the league effective June 1, 2017.
Categories: Credit Union News

How to Attract the Next Generation of Leaders: Infographic

CU Times - Sat, 06/04/2016 - 11:00pm
Is your credit union prepared to welcome the next generation of leaders?
Categories: Credit Union News

Risks Reap Rewards for Consumers Credit Union's Land

CU Times - Sat, 06/04/2016 - 11:00pm
Consumers CU's Lindsay Land revels in risk-taking.
Categories: Credit Union News

Credit Union Loans and Delinquencies Rise: NCUA

CU Times - Fri, 06/03/2016 - 2:41pm
Total loans reach nearly $800B at the end of Q12016, an increase of 10.7% from a year ago.
Categories: Credit Union News

New Jersey League Appoints New CEO

CU Times - Fri, 06/03/2016 - 12:44pm
David Frankil will take the helm of the league on June 27.
Categories: Credit Union News

CommunityAmerica Employee Sentenced

CU Times - Fri, 06/03/2016 - 12:39pm
Susan Wooten-Robb, who pleaded guilty to embezzlement, attempted to cover up her debits with false currency transaction reports.
Categories: Credit Union News

Occupancy Rule Could Produce Noninterest Income

CU Times - Fri, 06/03/2016 - 12:25pm
If finalized as proposed, the NCUA rule would allow credit unions to rent out more of their unused space.
Categories: Credit Union News

Suit Filed Against DOL

CU Times - Fri, 06/03/2016 - 11:01am
Trade groups file suit challenging DOL rule.
Categories: Credit Union News

DOL’s Perez Vows to Fight Fiduciary Rule Lawsuit

CU Times - Fri, 06/03/2016 - 11:01am
The nine plaintiffs, including SIFMA and FSI, seek to have the rule thrown out by the court.
Categories: Credit Union News

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