Aaron Passman

The number of credit unions paying penalties for late Call Reports continues to decline, but the overall amount to be paid and the median penalty rose slightly for the fourth quarter of 2014, according to data released today by NCUA.

ALEXANDRIA, Va. — Credit unions have until the end of this month to apply for the latest round of consulting assistance from NCUA.

MADISON, Wis. — The CUNA HR/TD Council has rebranded itself as the CUNA HR & Organizational Development Council to more closely unify the group's members and their professional backgrounds, the council said.

OAK RIDGE, Tenn. — CU Insurance Services of Tennessee, LLC, opened for business just two months after the joint venture was announced.

ST. PAUL, Minn. — Minnesota's Prize-Linked Savings Bill made another crucial step toward passage Thursday.

RANCHO CUCAMONGA, Calif. — Good news for stragglers — It's not the end of the world if you're not ready for the EMV liability shift that takes place on Oct. 1.

BOULDER, Col. — The "merger of equals" here between Premier Members FCU and Boulder Valley CU has crossed the final item off its "to do" list.

DENVER — CU veteran Todd Marksberry is set to replace Dave Maus as CEO of Public Service CU here, when Maus retires later this year after 36 years at the $1.5 billion CU.

LAYTON, Utah — CUProdigy has announced that longtime President and CEO Charlie Fulks will step down later this year, and the hunt for a new leader has already begun.

A planned merger that would have created the largest credit union in Manitoba, Canada, has been shot down by members.

NCUA Director of Examinations and Insurance Larry Fazio testified before Congress today urging legislators consider supporting several NCUA-backed bills that would ease regulation and provide increased flexibility for financial institutions, pointing to the regulatory burden faced by credit unions today, more than three quarters of which have assets of less than $100 million.

WASHINGTON — NAFCU President and CEO Dan Berger told a congressional panel Wednesday that cybercrime has reached a level of "epic proportions" that must be dealt with by lawmakers.

MERIDEN, Conn.—Small credit unions in Connecticut are set to receive marketing assistance for the rest of 2015 thanks to a partnership between the Connecticut CU League and a marketing firm specializing in credit union promotions.

WINSTON-SALEM, N.C. — Judy Tharp, CEO of Piedmont Advantage CU here, has been named to the Community Depository Institutions Advisory Council at the Federal Reserve Bank of Richmond.

PLYMOUTH, Minn. — TruStone Financial FCU announced it has surpassed the $1 billion mark in assets. The milestone came at the close of Q1, making TSFFCU one of Minnesota's largest financial institutions.

ELGIN, Ill.—Lending Solutions Inc. announced it has signed eight new clients for its lending and contact center services during Q1.

RANCHO CUCAMONGA, Calif. — CO-OP Financial Services has signed an agreement that will give it a deeper foothold into Canada.

The days where an employee could progress from the teller line to the corner office are largely gone, and as more and more baby boomers leave the job market, many top-level positions at credit unions are being filled by what might have once seemed unthinkable: former bankers.

With just six months to go before the EMV liability shift deadline, just how ready are credit unions? The answer depends on how members want to pay.

BIRMINGHAM, Ala. — Shared branching network CU Service Centers of Alabama is set to return $147,000 in patronage rebates and dividends, the fourth consecutive year it has done so.