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Tiny Agassiz Federal Credit Union merges into First Community CU

CU Journal - Fri, 05/04/2018 - 3:36pm
The Minnesota CU is now part of a nearly $800 million-asset institution and will increase the number of products and services available to members.
Categories: Credit Union News

Next stop on the reg relief train: Reforming AML rules

CU Journal - Fri, 05/04/2018 - 2:36pm
Bankers have long complained that anti-money-laundering regulations impose an extra burden without really stopping major crime. D.C. is finally listening.
Categories: Credit Union News

6 new innovations in biometric authentication

CU Journal - Fri, 05/04/2018 - 11:36am
Banks, technology developers and payment companies are all experimenting with new ways to identify consumers by their unique physical traits, with the ultimate goal of improving security while also streamlining customer onboarding and authentication.
Categories: Credit Union News

Med5 FCU leading credit union growth in the Dakotas

CU Journal - Thu, 05/03/2018 - 4:34pm
The $65 million-asset credit union earned the 2018 Growth and Progress Award from the Credit Union Association of the Dakotas for exceeding the state's average across a variety of growth metrics.
Categories: Credit Union News

Fannie Mae rebuilds capital cushion with enough left to pay dividend

CU Journal - Thu, 05/03/2018 - 3:34pm
Fannie Mae's first-quarter profits were enough for it to rebuild its minimum capital buffer and pay the Treasury Department dividend after being forced to take a draw during the previous fiscal period.
Categories: Credit Union News

How the ‘Disney way’ can help credit unions succeed

CU Journal - Thu, 05/03/2018 - 1:34pm
A long-time Disney employee shares lessons on how the legendary company empowers employees, who in turn provide a great experience that builds loyalty.
Categories: Credit Union News

PHH declines to appeal CFPB constitutionality case to high court

CU Journal - Thu, 05/03/2018 - 1:34pm
The New Jersey mortgage lender and servicer won a huge victory in January when an appeals court threw out its fine levied by the consumer agency, but the court ruled against the claim that the agency's structure is unconstitutional.
Categories: Credit Union News

Zipwhip gets crackin’, signs 50 CU clients in Q1

CU Journal - Thu, 05/03/2018 - 12:34pm
The Seattle-based provider of text messaging solutions for landline phones said further credit union partnerships are set to be announced later this year.
Categories: Credit Union News

Little-noticed reg relief measure would combat card fraud

CU Journal - Thu, 05/03/2018 - 8:33am
The provision would make it harder for criminals who use real Social Security numbers to create fake personas and then apply for credit.
Categories: Credit Union News

Fun and philanthropy: Credit unions in the community

CU Journal - Wed, 05/02/2018 - 3:31pm
Honoring veterans, helping feed hungry families and other ways credit unions are making a difference in their communities.
Categories: Credit Union News

San Antonio credit union merger finalized

CU Journal - Wed, 05/02/2018 - 1:31pm
Local 142 Federal Credit Union officially became part of Air Force FCU at the end of April.
Categories: Credit Union News

6 candidates to chair banking panel (if GOP keeps House)

CU Journal - Wed, 05/02/2018 - 1:31pm
Which party controls the House next year is still uncertain, but this much is clear: Someone other than Texas Republican Jeb Hensarling will hold the gavel on the Financial Services Committee.
Categories: Credit Union News

CULedger launches partnership as it attempts ambitious year-end goal

CU Journal - Wed, 05/02/2018 - 11:31am
The distributed ledger technologies CUSO has partnered with Hedera Hashgraph as part of its effort to reach 1 million users by the end of 2018.
Categories: Credit Union News

Freddie eases 3% down limits for first-time homebuyers

CU Journal - Wed, 05/02/2018 - 11:31am
In its latest effort to reach first time home buyers, Freddie Mac is launching a new 3% down payment program that casts aside a number of restrictions in its existing low down payment offerings.
Categories: Credit Union News

Corporate One FCU joins TranzCapture CUSO

CU Journal - Wed, 05/02/2018 - 9:30am
Three corporate credit unions now fund the check-processing services LLC.
Categories: Credit Union News

After the crash: young professionals recommit to the movement

CU Journal - Wed, 05/02/2018 - 7:30am
After getting energized about the future of credit unions at CUNA's Governmental Affairs Conference, this year's crashers are beginning the hard work of actually creating that future.
Categories: Credit Union News

Kitsch, Lynch launch cu.difference consultancy

CU Journal - Tue, 05/01/2018 - 4:29pm
Formed by two well-known industry vets, the new consulting firm is focusing on helping credit union use the "credit union difference" as a competitive advantage.
Categories: Credit Union News

Shell FCU reaches $1 billion in assets

CU Journal - Tue, 05/01/2018 - 3:29pm
The credit union has come a long way from when it started with just 40 refinery employees and their families as members.
Categories: Credit Union News

Credit union puts focus on developing small business

CU Journal - Tue, 05/01/2018 - 3:29pm
Firefly promotes a new business advisor, St. Mary's Bank taps indirect lending officer and more new hires, promotions and personnel news at credit unions across the country.
Categories: Credit Union News

Hoosier Hills Credit Union hits $500M mark, saves members $8 million

CU Journal - Tue, 05/01/2018 - 1:29pm
The credit union saw deposits grow by 9 percent and loans grow by 7 percent, while returning more than $1.8 million in member dividends.
Categories: Credit Union News

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