Eric Guldenstern

Former U.S. Rep. Steve LaTourette, original co-author of the Credit Union Membership Access Act, passed away on Wednesday night after battling pancreatic cancer. He was 62.

CFPB TRID changes, NCUA comment request on information collection activities and a focus on regulatory relief for CUs during the legislative recess are all on the agenda for the industry this week.

Portsmouth, N.H.-based Northeast CU and Ocean Communities FCU of Biddeford, Maine, announced a planned merger pending approval from the NCUA, the New Hampshire Banking Department and the membership of both institutions.

Briarwood, N.Y.-based Melrose Credit Union has announced the appointment of Steven Krauser as interim CEO after the $1.9 billion credit union fired previous CEO Alan Kaufman, who held the position while the CU’s investments in taxi medallion loans hit worrying levels of delinquency.

SIU credit union announced Mike Lantrip as the new President/CEO of the $320 million CU effective Aug. 1. Lantrip replaces interim President/CEO William S. Capie.

Edgeley, N.D.-based Dakota Plains Credit Union announced it has adopted the XP2 integrated technology suite from Fiserv, Inc.

Despite being warmly received by the industry, the nomination joins a long list of presidential appointments that are being help up in the Senate.

League seeks to capture untapped markets, raise awareness and increase growth through various tools to assist member CUs.

A new report by credit information giant TransUnion also finds that as auto loan terms lengthen, the less likely consumers are to complete their loans to term.

REDDING, Calif. — Members 1st CU has released a new website that it says improves functionality, content and also includes an "intuitive" navigation system.

Hauppauge, N.Y.-based GrooveCar announced that it has added 29 credit union partners since April of this year, bringing the total CU partnerships near 200.

The Maine Credit Union League recently announced a radio advertisement initiative beginning July 1 that includes 2,000 paid and no-charge 60-second commercials that will air throughout the summer highlighting the SurF campaign and the credit union movement.

The $1.9 billion CU, which is involved in a lawsuit against the city of New York’s Taxi and Limousine Commission, declined to comment on the reasons for the firing.

Glendale Area Schools CU recently converted from a federal charter insured through NCUSIF to a state charter with private insurance through American Share Insurance, in part because the CU's outspoken CEO Stuart Perlitsh says the federal regulator is often "out of touch" with a credit union's local environment.

The National Credit Union Administration will host a free marketing and social media webinar on August 10 at 2 p.m. EST, entitled “Marketing -- Effective Use of Social Media.”

New York-based Municipal Credit Union has been recognized by the New York State Legislature for its 100 years of service to the civil service community with a legislative resolution in the state Senate.

As the U.S. Supreme Court has agreed to consider a legal case on ATM fees, credit unions are bracing for impact.

Glendale Area Schools Federal Credit Union has converted to a state charter and will also be insured through American Share Insurance, the sole alternative provider of insurance for CUs, effectively removing it from NCUA’s purview.

Now that privately insured credit unions finally can join the Federal Home Loan Bank system, will more federally insured state charters consider converting to private insurance?

The NCUA is tracking the flooding in West Virginia that has killed 26 people, including a member of Pioneer WV FCU.