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Lawsuit, taped recordings by accuser keep pressure on FHFA’s Watt

CU Journal - Wed, 08/22/2018 - 8:54am
The employee who made sexual harassment allegations against the agency’s director also claims Watt withheld her pay increase after she refused his advances.
Categories: Credit Union News

New hires help strengthen the finance department

CU Journal - Tue, 08/21/2018 - 4:52pm
Bringing in new talent and/or promoting from within can bolster a credit union's performance.
Categories: Credit Union News

AdvantEdge Analytics scoops up four new partners

CU Journal - Tue, 08/21/2018 - 12:51pm
Four credit unions in the billion-dollar-asset range all recently signed on to CUNA Mutual Group's data analytics service.
Categories: Credit Union News

Rising rates, DeVos proposals creating uncertainty for student borrowers

CU Journal - Tue, 08/21/2018 - 11:51am
Student loan demand continues to climb alongside rising rates and tuition costs, but new proposals from the Department of Education are adding further complications for potential borrowers.
Categories: Credit Union News

To protect against the next crisis, credit unions must look to the past

CU Journal - Tue, 08/21/2018 - 9:51am
One expert offers credit union leaders "the best defense against risk" and lessons from previous economic crises.
Categories: Credit Union News

Ser Technology signs 11 credit unions

CU Journal - Tue, 08/21/2018 - 8:50am
The financial technology services company leverages credit data.
Categories: Credit Union News

How would you ease the credit union compliance burden?

CU Journal - Tue, 08/21/2018 - 7:50am
At the recent CU Leadership Conference in Las Vegas, credit union representatives offered their ideas for the next round of reg relief.
Categories: Credit Union News

Can state AGs really serve as 'mini-CFPBs'?

CU Journal - Mon, 08/20/2018 - 9:48pm
Several states pledged to compensate for a slowdown in enforcement at the Consumer Financial Protection Bureau under Mick Mulvaney, but their efforts have been complicated by tight budgets and doubts over whether such initiatives are necessary.
Categories: Credit Union News

More than half of all $100M+ CUs planning to add staff, raise salaries

CU Journal - Mon, 08/20/2018 - 4:48pm
The recently released Staff Salary Report from the Credit Union National Association outlines how CUs are planning
Categories: Credit Union News

Race to the bottom? Nonbanks ease standards to compete for 'super' jumbos

CU Journal - Mon, 08/20/2018 - 12:47pm
New investor appetite for mortgages over $1 million is motivating more nonbank lenders to offer super jumbo loans, often with weaker credit terms than traditional banks.
Categories: Credit Union News

Small Texas credit unions launch CUSO to boost up other small CUs

CU Journal - Mon, 08/20/2018 - 12:47pm
CU Evolution aims to start "a movement within the movement" to help credit unions with less than $100 million in assets.
Categories: Credit Union News

Bank lobbyists’ hollow campaign against credit unions

CU Journal - Mon, 08/20/2018 - 11:47am
The banking industry has been raising alarms about the growth of a few credit unions, but the critiques ignore the vast size differences between the two sectors and the tremendous growth banks have seen since the crisis.
Categories: Credit Union News

Time for credit unions to 'DREAM' big: Expert

CU Journal - Mon, 08/20/2018 - 11:47am
Kirk Drake, author of "Credit Union 2.0," offered CUs tips and strategies to help guide their growth strategies.
Categories: Credit Union News

Credit unions send NCUA back to the drawing board on PAL proposal

CU Journal - Mon, 08/20/2018 - 7:46am
After the National Credit Union Administration asked for comments on proposed revisions and expansions to its Payday Alternative Loan program, credit unions offered their suggestions for how to fix it.
Categories: Credit Union News

Want to beef up your social media presence? Put someone in charge

CU Journal - Fri, 08/17/2018 - 5:35pm
A look at who's hiring, the positions they're filling and more promotions, appointments and other CU professionals in the news.
Categories: Credit Union News

Good jobs, great workplaces: Credit unions in the community

CU Journal - Fri, 08/17/2018 - 4:35pm
Credit unions are getting recognized for being great places to work, along with a variety of philanthropic activities.
Categories: Credit Union News

Should N.Y.'s strict cybersecurity rule be a model for the country?

CU Journal - Fri, 08/17/2018 - 3:34pm
As the state phases in tougher requirements from its 2017 regulation, federal agencies continue to show an interest in updating their cyber policies.
Categories: Credit Union News

New director named for NCUA's Office of Consumer Financial Protection

CU Journal - Fri, 08/17/2018 - 1:34pm
Matthew J. Biliouris has spent 26 years at the National Credit Union Administration, including serving as acting director and deputy director of the Office of Consumer Financial Protection.
Categories: Credit Union News

After six months in conservatorship, Ukrainian Future CU merges

CU Journal - Fri, 08/17/2018 - 11:34am
The Warren, Mich.-based CU has merged into Selfreliance Ukrainian American FCU of Chicago.
Categories: Credit Union News

Meet COOPER, a fraud analyzer for credit unions

CU Journal - Fri, 08/17/2018 - 10:34am
CO-OP Financial Services is currently pilot testing the new data-driven tool with credit unions in its shared branching network.
Categories: Credit Union News

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