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Credit unions reopening slowly as Anchorage cleans up after earthquake

CU Journal - Tue, 12/04/2018 - 12:36pm
Many credit unions have resumed normal operations, but some institutions locations in nearby Eagle River, closer to the epicenter, need more recovery time.
Categories: Credit Union News

Wright-Patt Credit Union to dish out $8.6 million dividend to members

CU Journal - Tue, 12/04/2018 - 10:36am
This will be the 10th consecutive special patronage dividend that the Ohio institution has paid out to members.
Categories: Credit Union News

Mulvaney's misfire: CFPB name change could cost industry millions of dollars

CU Journal - Tue, 12/04/2018 - 10:36am
An internal agency analysis says changing the name of the bureau to the BCFP, as Mulvaney wants, could cost banks, credit unions and mortgage firms $300 million. It doesn’t have to be this way.
Categories: Credit Union News

Alaska's Credit Union 1 to serve legal marijuana businesses

CU Journal - Tue, 12/04/2018 - 8:36am
The Anchorage-based institution said its decision to enter the pot banking space was driven partly by public-safety concerns in a cash-based industry.
Categories: Credit Union News

Ent Credit Union pays $11M in rewards program

CU Journal - Tue, 12/04/2018 - 8:36am
Members received payouts ranging from $10 to $250 per activity based on how they transact with the Colorado Springs-based institution.
Categories: Credit Union News

Waters likely to raise affordable housing’s profile in GSE debate

CU Journal - Mon, 12/03/2018 - 8:33pm
The Democrat, who will likely head the Financial Services Committee, has signaled she'll make expanded housing opportunities for lower-income consumers a top priority.
Categories: Credit Union News

In a twist, bankers poaching credit union execs to fill voids

CU Journal - Mon, 12/03/2018 - 6:33pm
Credit unions have hired executives away from banks for years. Now banks are returning the favor.
Categories: Credit Union News

Helping pay for college: Credit unions in the community

CU Journal - Mon, 12/03/2018 - 4:33pm
Credit unions across the country continue to provide scholarships for college-bound students as part of their corporate philanthropy activities.
Categories: Credit Union News

Week ahead: A planned government shutdown – and maybe another to come

CU Journal - Mon, 12/03/2018 - 3:33pm
Hearings of interest to credit unions have been postponed as the government prepares to close for a day of mourning following the death of President George H.W. Bush.
Categories: Credit Union News

Agencies push banks, CUs to use AI, other means to fight launderers

CU Journal - Mon, 12/03/2018 - 2:33pm
The National Credit Union Administration and other federal regulators said in a joint statement that they will take an institution's level of innovation into account in supervising its anti-money-laundering procedures.
Categories: Credit Union News

Michigan credit union to buy bank branch

CU Journal - Mon, 12/03/2018 - 11:32am
Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union.
Categories: Credit Union News

San Diego County Credit Union boosts earnings as expenses rise

CU Journal - Mon, 12/03/2018 - 10:32am
The credit union also reported increases in loans and membership.
Categories: Credit Union News

The one banking bill Congress might actually pass next term

CU Journal - Mon, 12/03/2018 - 10:32am
The financial industry is not expecting movement on a lot of legislation given a divided Congress, but one measure is beginning to attract widespread attention.
Categories: Credit Union News

Credit Unions with the Most Deposits

CU Journal - Mon, 12/03/2018 - 10:32am
On Jun. 30, 2018. Dollars in thousands.
Categories: Credit Union News

Educators Credit Union of Wisconsin thanks members with $3.1M dividend

CU Journal - Mon, 12/03/2018 - 9:33am
The Mt. Pleasant, Wis.-based credit union has returned more than $7 million to members in the last three years.
Categories: Credit Union News

Credit unions brace for fallout from General Motors layoffs

CU Journal - Mon, 12/03/2018 - 7:32am
Last week the car manufacturer said it would cut jobs and close factories. Now credit unions in the affected areas are considering how the news will affect their members and themselves.
Categories: Credit Union News

Alaska credit unions closed, assessing damage after major earthquake

CU Journal - Sat, 12/01/2018 - 9:27am
Most CUs in the Anchorage area were closed Friday as residents and officials evaluated damage to facilities and infrastructure.
Categories: Credit Union News

Credit Unions with the Most Assets

CU Journal - Fri, 11/30/2018 - 3:25pm
On Jun. 30, 2018. Dollars in thousands.
Categories: Credit Union News

NCUA issues November prohibitions

CU Journal - Fri, 11/30/2018 - 2:25pm
The federal regulator issued bans related to theft and other charges.
Categories: Credit Union News

Cooperative Credit Union Association names interim CEO

CU Journal - Fri, 11/30/2018 - 1:25pm
Bernie Winne has been named temporary leader as the trade group searches for a successor to Paul Gentile.
Categories: Credit Union News

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