CU Members Mrtg Extends EducationDALLAS-CU Members Mortgage said it has committed to educating its credit union partners-along with other interested industry representatives-to keep staff prepared for change. Topics it provides for its client partners include: SAFE Act, including Loan Officer compensation and NMLS requirements; Qualified Residential Mortgage (QRM), secondary marketing; FHA Origination; Fannie Mae LQI, and; maximizing income while minimizing risk in mortgage lending.For info: www.cumembers.comSynergent, MVFCU To PartnerPORTLAND, Maine-Merrimack Valley FCU has signed an agreement to join Synergent Card Services Debit/ATM card processing. The $431-million CU currently partners with Synergent Technology Services and the Episys core processing solution.For info: www.synergentcorp.comCUES Partners With BVS PerformanceMADISON, Wis.-The Credit Union Executives Society and Cedar Rapids, Iowa-based BVS Performance Systems have signed an agreement to offer online education to credit unions.For info: www.cues.orgLPL Financial Recognizes MACU SALT LAKE CITY-The investment services program offered at Mountain America CU has been named LPL Financial's 2011 Program of the Year.For info: www.lpl.comS1 Corp Combining With FundtechATLANTA-Online services provider S1 Corp. said it is combining with Fundtech Ltd., a Jersey City-based provider of software and services, in a stock-swap merger of equals. The combined company will be based at S1's headquarters in Atlanta and will be called Fundtech.For info: www.s1.comNSCU Names Cathedral As PartnerROME, N.Y.-Cathedral Corp. has been selected by NAFCU Services Corp. as its Preferred Partner for printed and electronic financial communication programs, personalized direct mail and e-marketing services.For info: www.nafcu.org/nafcuservicesWesterra CU Chooses CO-OPRANCHO CUCAMONGA, Calif.-The $1.2-billion Westerra CU, Denver, has chosen CO-OP Financial Services for credit card transaction processing as part of a program to increase member use of its cards and drive efficiencies. For info: www.co-opfs.orgMember Referral Program LaunchedCLARK, N.J.-CU Student Lending, marketer of the cuStudentLoans private student loan program, has rolled out a member referral program that allows credit unions outside of the CU Student Lending network to offer loans to members. For info: www.custudentloans.org
-
Litigation involving Amalgamated Bank highlights the risks that banks may face when highly-placed employees leave their jobs on bad terms.
27m ago -
Neuberger Berman launched a new junk-bond fund using tokenized securities, a process that has been the focus of crypto firm Securitize for more than a decade.
52m ago -
The president has initiated a for-cause process to remove the Federal Reserve Board governor from office, something only one president has successfully done before. But that century-old precedent may not offer Trump much useful guidance in his quest.
57m ago -
Executives at three regional banks that are participating in a tokenized-deposit network discussed how they are retooling their risk practices to fit always-on conditions.
11h ago -
During a court hearing Tuesday, appellate judges expressed skepticism about a Colorado effort to cap the rates on consumer loans that out-of-state banks make to Coloradans.
August 18 -
The Securities and Exchange Commission kicked off rulemaking intended to make it easier for crypto firms to raise money without having to go through the full securities registration process.
August 18










