CFCU Awarded LEED CertificationNEEHAH, Wis.-Gries Architectural Group and Miron Construction Co., Inc., said CitizenFirst CU's 37,640-square-foot corporate office expansion at its Universal Street branch in Oshkosh, Wis., has been awarded Certified LEED status, as established by the U.S. Green Building Council and verified by the Green Building Certification Institute.For info: www.griesarchitectural.com or www.usgbc.orgKEMBA Financial Joins PSCUST. PETERSBURG, Fla.-PSCU said KEMBA Financial CU, Gahanna, Ohio, is joining the CUSO to offer its members call center support from PSCU's Total Member Care 24/7/365 contact centers, which will process applications for new members and loans.For info: www.pscu.comLendingQB Integrates ComplianceEaseCOSTA MESA, Calif.-LendingQB, a provider of mortgage lending technology, announced that it completed an integration with ComplianceEase, a provider of mortgage compliance and risk management solutions. LendingQB integrated its end-to-end loan origination system with ComplianceEase's ComplianceAnalyzer product, which the two companies said created a solution that automatically runs continuous, real-time audits throughout the origination lifecycle of the loan to ensure compliance with federal, state, and municipal consumer credit regulations.For info: www.lendingqb.com or www.complianceease.comCUSO Taps First AssociatesSAN DIEGO-Student CU Connect CUSO, LLC said it has selected consumer loan servicer First Associates Loan Servicing to service the SCUC portfolio of private student loans. SCUC is a CUSO formed by seven credit unions. Loans under the program are made available to eligible students by Eli Lilly FCU.For info: www.1stassociates.com INVEST Signs MAFCU, LSFCUTAMPA, Fla.-INVEST Financial Corporation announced it will provide brokerage and investment services for two more credit unions: $490-million MidWest America FCU, Fort Wayne, Ind.; and, $184-million Lake State FCU, Moose Lake, Minn. INVEST now has more than 150 financial institutions in its network.For info: www.investfinancial.com Kansas CUs Team With Central StarWICHITA, Kan.-Central Star Financial Solutions, a CUSO that offers mortgage and insurance products to credit unions, their members and all Kansas consumers, said it currently partners with 12 CUs in Kansas, located in Wichita, Arkansas City, El Dorado, Hutchinson, and Topeka. CSFS said its services include mortgage origination, processing and document preparation for mortgage loans, and more. For info: www.csoptions.com
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A July pickup in activity is just a start, experts say. The banking industry's drive for scale and greater efficiency is expected to drive a renewed wave of consolidation, pushing the institution count lower.
8h ago -
Administration of the Community Development Financial Institution Fund at the Treasury Department will be led by the CDFI Fund's legal counsel following the resignation of the fund's director.
9h ago -
Paxos and Mastercard are among the firms betting that legal clarity will lead to a wider range of stablecoin users.
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Google, Oliver Wyman and Corridor Platforms offer bankers a safe space where they can experiment with using generative artificial intelligence for customer interactions.
July 21 -
The Treasury's financial crime agency delayed enforcement of a variety of Bank Secrecy Act requirements for investment advisors in order to gain time to revise and tailor regulations.
July 21 -
Kate Luft, a former chief of staff for Citi CEO Jane Fraser, is now running the company's U.S. retail banking business. In her first interview since getting the job, Luft discussed what banks can learn from airlines and the advantages that incumbents have over fintechs.
July 21