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Mid-Atlantic, First Carolina Members Approve Corporate Merger

CU Times - Wed, 08/17/2016 - 9:59pm
The combined corporate will receive a new name and serve more than 1,200 CUs, leagues and CUSOs.
Categories: Credit Union News

Fiserv’s Sievewright Stepping Down From CU Solutions

CU Times - Wed, 08/17/2016 - 8:46pm
Mark Sievewright, president of Fiserv's CU Solutions is stepping down after 11 years at the company. Vincent Brennan, who led the company's Card Services business is taking over Sievewright's position effective immediately.
Categories: Credit Union News

Credit Union Mergers Slow Down in Q2

CU Times - Wed, 08/17/2016 - 7:18pm
The second quarter’s number of consolidations, 46, is substantially lower than those reported in Q2 2015.
Categories: Credit Union News

CFPB Proposed Arbitration Rules Vital to Consumers: Pew Research

CU Times - Wed, 08/17/2016 - 2:50pm
New research from Pew Charitable Trusts show deep divide between banking policies and consumer preferences.
Categories: Credit Union News

CFPB Credit Union Council to Meet Sept. 1

CU Times - Wed, 08/17/2016 - 1:23pm
The meeting will cover debt collection and youth financial capability.
Categories: Credit Union News

State Leagues Support Veteran Home Renovation Campaign

CU Times - Wed, 08/17/2016 - 10:03am
The Cornerstone, Georgia and Southeastern leagues support Operation Veteran Home Renovation.
Categories: Credit Union News

State Leagues Support Veterans Home Renovation Campaign

CU Times - Wed, 08/17/2016 - 10:03am
Cornerstone, Georgia, and Southeastern Credit Union Leagues are supporting Operation Veteran Home Renovation.
Categories: Credit Union News

FS-ISAC Chief Addresses Information Sharing at Virtual Cybersecurity Conference

CU Times - Tue, 08/16/2016 - 1:34pm
Get a sneak peek at FS-ISAC President/CEO Bill Nelson's presentation, slated for CU Times' Sept. 7 virtual cybersecurity conference.
Categories: Credit Union News

Bill Nelson to Discuss Information Sharing at Virtual Fraud Conference

CU Times - Tue, 08/16/2016 - 1:34pm
Get a sneak peek at the cybersecurity expert's presentation, slated for CU Times' Sept. 7 virtual conference.
Categories: Credit Union News

Michigan CU Loses $1.8M in Check Kiting Scheme

CU Times - Tue, 08/16/2016 - 10:10am
Brooke Vernier admits to operating a complex scheme known as circular kiting with a co-conspirator.
Categories: Credit Union News

Hotel Breach Sparks Call for Data Standards

CU Times - Tue, 08/16/2016 - 8:38am
NAFCU reiterates that Congress needs to pass national data security standards for merchants and retailers.
Categories: Credit Union News

Taxi Medallion Loan Concentration at Heart of Melrose CU Consent Order

CU Times - Tue, 08/16/2016 - 7:29am
Melrose Credit Union cited for loan policies, concentration risk, and underfunded ALLL, among other things, regarding its taxi medallion loans.
Categories: Credit Union News

Epic Louisiana Floods Hit Credit Unions Hard

CU Times - Tue, 08/16/2016 - 7:16am
The Louisiana league reports CUs are struggling to get back up and running while coping with devastating personal losses.
Categories: Credit Union News

Louisiana Epic Floods Hit Credit Unions Hard

CU Times - Tue, 08/16/2016 - 7:16am
Louisiana CU League reports credit unions and their staff are struggling to get operations back up and running while coping with the devastating personal losses.
Categories: Credit Union News

NCR Reveals Magstripe Code Flaw in Chip-Based Cards

CU Times - Mon, 08/15/2016 - 2:24pm
Researchers find an upgrade flaw in U.S. chip-based cards that allows hackers to rewrite the magstripe code.
Categories: Credit Union News

Call Reports Too Burdensome, Collect Unneeded Data: Trades

CU Times - Mon, 08/15/2016 - 2:18pm
CUNA and NAFCU believe there's room for improvement in the call report process.
Categories: Credit Union News

One Nevada, Texans, Connex Announce Promotions

CU Times - Mon, 08/15/2016 - 1:49pm
This week’s People news includes new hires and promotions at 11 credit unions across the nation.
Categories: Credit Union News

Melrose Credit Union Undercapitalized

CU Times - Sun, 08/14/2016 - 4:45pm
Mainly due to its underperforming taxi medallion loan portfolio, Melrose posts a net loss of $57M.
Categories: Credit Union News

Stankovic Inspires Herself, Others to Fulfill Dreams

CU Times - Sun, 08/14/2016 - 11:00am
The ambitious consultant's projects include a leadership podcast and financial literacy course for students.
Categories: Credit Union News

Consumers Increasingly Aware of Data Privacy: TMGFS

CU Times - Fri, 08/12/2016 - 12:52pm
In the future, FIs will need to demonstrate full competency in their data collection strategies, one expert says.
Categories: Credit Union News

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