Michael Bartlett

Northumberland County Schools Federal Credit Union, based here, on Tuesday said it is converting to the CUnify account processing platform from Fiserv.

The board of directors of the Wisconsin Credit Union League on Tuesday said it has signed a “Resolution of Interdependence” that affirms its commitment to dual membership in the league and CUNA.

Even before several leagues had come out in support of eliminating the dual membership requirement, CUNA was already contemplating significant changes to its structure, a memo obtained by Credit Union Journal reveals, despite the board having previously voted down such changes in September.

The Carolinas CU League joins Michigan, New York and Ohio in support of allowing CUs to choose whether to belong to both CUNA and their respective state associations as the fissure between the national trade group and its affiliated state and regional leagues widens.

Directors vote unanimously to offer credit unions in North and South Carolina the option of joining the state league without joining CUNA.

GRAND RAPIDS, Mich. — It was a busy Tuesday for CU*Answers, as the CUSO reported multiple client signings across three of its business units, involving bill pay, data processing and document management.

CU*Answers, a credit union-owned core data processer, on Monday said it has signed two credit unions to CU*BASE data processing agreements.

It's hard enough competing with other credit unions and banks, but the traditional financial services marketplace is increasingly populated by untraditional competitors.

HONOLULU – The early returns from $566 million University of Hawaii Federal Credit Union’s conversion of its core processing to Corelation are big time – as in the savings of large amounts of time.

Mark McWatters has been a member of the NCUA board for one year now, and he says some of the ways the regulator operates still strike him as "odd."

The heads of CUNA and the California and Nevada Credit Union Leagues argued now is not the time for CUs to break up the CUNA/state league system that works well together.

SAN ANTONIO – H E B Federal Credit Union on Tuesday said it selected Ongoing Operations to move the CU’s IT infrastructure to the cloud.

EL SEGUNDO, Calif. — Xceed Financial Credit Union is preparing to launch a new CUSO offering an array of interrelated products and services primarily aimed at bolstering loan growth.

COLUMBUS, Ohio — The $548 million Telhio Credit Union on Monday said it has selected the DNA account processing platform and integrated solutions from Fiserv to support its goal of becoming a $1 billion CU in the next few years.

ALEXANDRIA, Va. — NCUA on Friday said it issued three orders in October prohibiting the following individuals from participating in the affairs of any federally insured financial institution.

Commonwealth Credit Union on Friday said it signed an agreement to become the “preferred credit union” for the University of Louisville and will serve the school’s faculty, staff, students and alumni.

Two days after new mortgage disclosure forms were required, one small lender called its technology vendor to ask why the software had changed—a sign that not everyone was as prepared as they could have been.

Given the seemingly constant flow of new compliance issues, it may be hard for CUs to feel like things have 'calmed down,' as experts suggest they have—but that won't last very long, they warn.

NEW HAVEN, Conn. — The third quarter of 2015 brought 70 new compliance items to credit unions, requiring 2,231 pages to process and expenditure of $29,145, according to advisory firm Continuity.

With the first three weeks under their belts, credit union executives discuss the issues they’ve run into trying to comply with the new disclosure rules.