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Lansing, Mich. postal CU to merge into LAFCU

CU Journal - Fri, 02/16/2018 - 3:13pm
Net income at Lansing Postal Community Credit Union has been on the decline and the CU has struggled due to the consolidation of postal services from Lansing to other parts of the state.
Categories: Credit Union News

Professionals Make Moves at Credit Unions, CU Direct

CU Times - Fri, 02/16/2018 - 2:15pm
Five credit unions and CU Direct announce People news this week.
Categories: Credit Union News

Hensarling blasts FHFA for allowing GSE affordable housing payments

CU Journal - Fri, 02/16/2018 - 2:13pm
The House Financial Services Committee chairman is calling out Fannie Mae and Freddie Mac's regulator for authorizing payments to two housing trust funds while the mortgage giants have their own financial struggles.
Categories: Credit Union News

Cyber Hacks Cost Up to $109 Billion in 2016, U.S. Estimates

CU Times - Fri, 02/16/2018 - 2:04pm
Malicious cyber activity costs the U.S. economy between $57 billion and $109 billion in 2016, the White House says Friday.
Categories: Credit Union News

House Financial Services Members Circulate Draft Data Security Legislation

CU Times - Fri, 02/16/2018 - 1:42pm
Credit union trade groups say that merchants should be held to the same standards as CUs.
Categories: Credit Union News

How to get credit union boards and CEOs back on the same page

CU Journal - Fri, 02/16/2018 - 1:13pm
A new study finds strong differences of opinion between credit unions CEOs and boards when it comes to governance, but there are strategies to bring the two sides closer together.
Categories: Credit Union News

Video, AI Helps CUs Step Up Digital Banking Offerings

CU Times - Fri, 02/16/2018 - 12:00pm
Partners Federal Credit Union goes on a digital banking journey, and succeeds.
Categories: Credit Union News

Find out if your credit union is among the best of the best

CU Journal - Fri, 02/16/2018 - 11:13am
Credit Union Journal's Best Credit Unions to Work For program gives you the chance to find out how you rank among your peers.
Categories: Credit Union News

Next-Generation Crypto-Ledgers Take the Block Out of Blockchain

CU Times - Fri, 02/16/2018 - 9:46am
The blockchain evolution and adoption is being embraced by several credit unions.
Categories: Credit Union News

EVP Dan Schline will succeed Radebaugh at Carolinas Credit Union League

CU Journal - Fri, 02/16/2018 - 9:13am
Longtime CEO John Radebaugh will retire July 1, at which time EVP/COO Dan Schline will take the helm.
Categories: Credit Union News

Carolinas Credit Union League Names New CEO

CU Times - Fri, 02/16/2018 - 7:47am
Dan Schline, CCUL’s vice president/COO, will take over the league’s top spot in July succeeding the retiring John Radebaugh.
Categories: Credit Union News

Tidemark FCU marks Valentine's Day with patronage dividend payout

CU Journal - Thu, 02/15/2018 - 4:10pm
The Delaware-based credit union paid out more than $139,000 to some membes, depositing an extra $100 in their checking accounts on Feb. 14.
Categories: Credit Union News

Why not everyone is happy with NCUA's $736 million payout

CU Journal - Thu, 02/15/2018 - 4:10pm
NCUA unveiled its methodology for how it would return a $736 million equity distribution from the share insurance fund, but a small group of CUs won't share in the largesse, and some still think the payment isn't big enough.
Categories: Credit Union News

Tax Law Guts Fannie’s Bottom Line; Needs $3.7B From U.S.

CU Times - Thu, 02/15/2018 - 3:57pm
The mortgage finance company lost over $6 billion in the fourth quarter because asset values declined as a result of the new tax law.
Categories: Credit Union News

Can small-dollar loans be both profitable and safe?

CU Journal - Thu, 02/15/2018 - 2:09pm
The Pew Charitable Trusts has released a set of 10 standards for banks and credit unions that want to to offer small loans to subprime customers. Among its ideas: keep monthly payments at or below 5% of the borrower’s paycheck and make loans available quickly through digital channels.
Categories: Credit Union News

GSE reform isn't dead, but it isn't going anywhere either

CU Journal - Thu, 02/15/2018 - 2:09pm
Despite a legislative push by some senators and other stakeholders to jump-start housing finance reform, efforts to form consensus over a bill once again are stuck in neutral.
Categories: Credit Union News

Trump Administration Still Offering No Guidance on ADA

CU Times - Thu, 02/15/2018 - 1:26pm
CU Times obtains a letter from Assistant AG Boyd to Congress stating whether accessibility standards are “necessary and appropriate.”
Categories: Credit Union News

Achieva Credit Union Buys Community Bank

CU Times - Thu, 02/15/2018 - 1:20pm
This is the second whole bank acquisition for Achieva and the first credit union bank purchase of the year.
Categories: Credit Union News

Four credit unions sign with POPin video banking

CU Journal - Thu, 02/15/2018 - 1:09pm
POPin Video Banking Collaboration offers video chat and simultaneous collaboration between financial institutions and the consumers they serve.
Categories: Credit Union News

NCUA Approves $735.6 Million Distribution to Credit Unions

CU Times - Thu, 02/15/2018 - 11:32am
“The check may not be in the mail yet, but it’s on the way,” said board member Rick Metsger.
Categories: Credit Union News


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