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Play ball! PenFed signs 3-year deal with MLB's Washington Nationals

CU Journal - Tue, 05/15/2018 - 4:05pm
The sponsorship deal includes the debut of a new "PenFed Military Appreciation Section" at Nationals Park.
Categories: Credit Union News

Struggling NU Community Credit Union to merge into Service 1st

CU Journal - Tue, 05/15/2018 - 3:05pm
The $18 million-asset credit union has lost money each year since at least 2015. Service 1st, meanwhile, made more than $3.1 million last year.
Categories: Credit Union News

Trades to CFPB: Credit unions don’t need your oversight

CU Journal - Tue, 05/15/2018 - 11:04am
The two major national credit union trade associations have sent recommendations for improving the Consumer Financial Protection Bureau’s enforcement processes.
Categories: Credit Union News

How grad students helped improve analytics models at CFE FCU

CU Journal - Tue, 05/15/2018 - 4:04am
The credit union's inaugural Lending Analytics Competition challenged University of Central Florida grad students to develop predictive models that could better interpret data.
Categories: Credit Union News

Thank you for your service: Credit unions in the community

CU Journal - Mon, 05/14/2018 - 4:02pm
Recognizing members of the armed forces, helping out local nonprofits, celebrating women in the credit union movement and other ways CUs are giving back.
Categories: Credit Union News

How credit unions can navigate an evolving payments landscape

CU Journal - Mon, 05/14/2018 - 1:01pm
From a refresher on basic payments terminology to the new battle of VHS vs. Betamax, here are some of the highlights from the recent Trellance conference in Fort Lauderdale.
Categories: Credit Union News

Fresno-based CU rebrands to reflect broader regional membership

CU Journal - Mon, 05/14/2018 - 11:01am
Fresno Fire Department Credit Union is now Central Valley Firefighters Credit Union.
Categories: Credit Union News

Credit unions' tax victory in Iowa could foreshadow more fights to come

CU Journal - Mon, 05/14/2018 - 9:01am
Credit unions nationwide celebrated a recent victory for the CU tax status in Iowa, but bigger battles in more states could be just over the horizon.
Categories: Credit Union News

Weighing the after-effects of the scandal at Municipal CU

CU Journal - Mon, 05/14/2018 - 9:01am
What was unusual about CEO Kam Wong's alleged fraud wasn't that it happened but that it happened at such a large credit union.
Categories: Credit Union News

Double-digit growth for Wisconsin state-chartered CUs in Q1

CU Journal - Fri, 05/11/2018 - 2:54pm
State-chartered credit unions in the Badger State saw net income up 26 percent while total lending was up by more than 12 percent compared to the same quarter one year prior.
Categories: Credit Union News

Research overview: Why the account/loan applicant experience matters and how to fix it

CU Journal - Fri, 05/11/2018 - 12:54pm
Designing a multi-channel account and loan opening experience that increases conversion and reduces abandonment
Categories: Credit Union News

Proposed cuts to CDFI fund draw ire from credit unions, banks alike

CU Journal - Fri, 05/11/2018 - 11:54am
Several credit union and bank groups have formed a rare united front in letters opposing the Trump administration's rescission package.
Categories: Credit Union News

CU Student Choice adds 7 new credit union partners in Q1

CU Journal - Fri, 05/11/2018 - 10:54am
The credit unions are primarily in the eastern half of the country, with assets ranging from $11 million to nearly $7 billion.
Categories: Credit Union News

San Diego County Credit Union reports ‘positive’ financial results in Q1

CU Journal - Fri, 05/11/2018 - 8:53am
The San Diego-based credit union’s member base increases 10.5 percent in the first quarter, with total assets up to $8.4 billion.
Categories: Credit Union News

Financial industry petitions FCC to make robocall lawsuits harder to win

CU Journal - Thu, 05/10/2018 - 4:52pm
Banking and mortgage groups are asking the Federal Communications Commission to issue new Telephone Consumer Protection Act rules that would make consumer lawsuits over robocalls harder to win.
Categories: Credit Union News

CFPB's union ready to battle Mulvaney as job cuts loom

CU Journal - Thu, 05/10/2018 - 4:52pm
The union representing employees at the CFPB is already fighting acting Director Mick Mulvaney's efforts to restructure the agency, and readying for a potentially larger conflict as rumors of layoffs swirl.
Categories: Credit Union News

AI dominates Day Two of CO-OP's THINK Conference

CU Journal - Thu, 05/10/2018 - 3:52pm
As chat bots, video assistants and other artificial inteligence tools proliferate, how can humanity – and credit unions – survive?
Categories: Credit Union News

Why the ‘imagination gap’ is bad for business

CU Journal - Thu, 05/10/2018 - 2:51pm
A former GE executive told the 2018 CO-OP THINK Conference too many institutions are harmed by stifling creativity – and the problem is getting worse.
Categories: Credit Union News

Public Service CU to buy seven CO-OP branches in Detroit area

CU Journal - Thu, 05/10/2018 - 2:51pm
As part of the deal, the the $275 million credit union has agreed to continue operating them as part of the shared branching firm's network.
Categories: Credit Union News

Country FCU to change charter, name

CU Journal - Thu, 05/10/2018 - 2:51pm
The move is expectedto take effect June 1.
Categories: Credit Union News

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