Kern Schools Chooses Alloya CorpBAKERSFIELD, Calif.-Kern Schools FCU has chosen Alloya Corporate FCU to be its new corporate. Kern Schools serves 170,000 members and has $1.3 billion in assets.For info: www.alloyacorp.orgCoopera, CUANY Offer Growth StrategyDES MOINES, Iowa-The CU Association of New York and Coopera are collaborating on a Hispanic Member Growth Strategy program.For info: www.cuany.org or www.cooperaconsulting.comPSCU Named One Of Top WorkplacesST. PETERSBURG, Fla.-PSCU was named as one of the best places to work by Workplace Dynamics, which conducts annual employee surveys for companies headquartered in the Tampa Bay area and creates rankings of small-, medium- and large-sized companies from employees' responses.For info: www.pscu.comSix CUs Renew With TMGDES MOINES, Iowa-The Members Group said it has renewed credit, debit and PIN processing contracts with six credit unions: Premier America CU, Chatsworth, Calif.; IH Mississippi Valley CU, Moline, Ill.; Deere Employees CU, Moline, Ill.; Embarrass Vermillion FCU, Aurora, Minn.; Mile High FCU, Butte, Mont.; and, University of Iowa Community CU, Iowa City, Iowa.For info: www.themembersgroup.comCU Students Choice Hosts WebinarWASHINGTON-Credit Union Student Choice and its 200-plus partner CUs recently offered a free national webinar to nearly 500 attendees to help families decode the lingo of financial aid award letters and make informed financial decisions about the costs of college.For info: www.studentchoice.orgBusiness Partners Unveils Audit ResultsCHATSWORTH, Calif.-Business Partners, LLC, which is owned by 17 financial institutions located throughout the country, announced audited financial results for 2011, with highlights including equity at $7,741,061 (28.1% of total assets) and cash and CD investment liquidity at $6,825,272 (24.8%) on total assets of $27,533,333. Profitability continued for the 8th straight year with net income at $1,034,017 (13.3% ROE and 3.8% ROA).For info: www.businesspartnersllc.comWeber Opens Office In VancouverSEATTLE-Branding and strategic consulting agency Weber Marketing Group, which has worked with Canadian credit unions for 10 years, officially expanded into Canada with the opening of a new office in Vancouver, B.C., on May 1.For info: www.webermarketing.comVisit www.cujournal.com today!
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With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said.
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Bill Demchak of PNC Financial Services Group got a $10 million raise in 2025. It was the largest pay bump, on a dollar basis, among a group of more than 50 bank CEOs.
6h ago -
BOK Financial and Atlantic Union Bankshares are among the lenders with very low rates of bad loans. They're telling investors it won't last forever.
7h ago -
AI is being used to help investigate red flags and to chat with criminals to find out more about their tactics.
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A capital rule overhaul could make bank charters attractive to independent mortgage banks, reshaping who controls home lending in America.
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Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.
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