Credit unions

J. Mark McWatters of the National Credit Union Administration will have no favorites among community financial institutions.

MDT will now offer Argos Risks' AR Surveilance service to its credit union clients.

The Wash.-based credit union, which serves about 1,130 members, has signed with CU*NorthWest

The Trump administration should not name J. Mark McWatters as head of the consumer agency, given his lack of experience overseeing commercial banks and his leadership of the National Credit Union Administration, a cheerleader for the industry it supervises.

Readers react to President Trump considering a credit union regulator to head of the Consumer Financial Protection Bureau, debate a delay for top banking nominees, opine on the value of blockchain, and more.

The Trump administration should not name J. Mark McWatters as head of the consumer agency, given his lack of experience overseeing commercial banks and his leadership of the National Credit Union Administration, a cheerleader for the industry it supervises.

CSCU will continue as a separate, card-processing entity.

From the identity of bankers in the 21st century to the regulatory turmoil in Washington to the huge impact of technology on the industry, readers expressed an array of strong opinions about what happened in 2017.

The credit union regulator's latest Quarterly U.S. Map Review finds that while loans are still growing, asset and share growth is beginning to slow.

Regional and community banks will offer low-cost or no-cost financial products through Bank On, which has already reached agreements with Regions Bank, Wells Fargo and SunTrust.

Notre Dame Federal Credit Union in Notre Dame, Ind., said late last week that it raised $12 million from a new fund created to provide secondary capital to credit unions, angering bankers who see it as a disturbing trend.

Notre Dame Federal Credit Union in Notre Dame, Ind. said late last week that it raised $12 million from a new fund created to provide secondary capital to credit unions. It comes a month after a similar move by Jefferson Financial Federal Credit Union.

The Wisconsin-based corporate credit union will pay out a 7 percent return to members, a new record for the CU.

Trellance is designed to offer credit unions innovation on programs and services.

The payments CUSO noted this latest give-back comes after it had previously distributed $5.5 million in capital credits.

Credit unions are awash in digital transformation, and CU Journal is undergoing a transformation of our own.

U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

The Indiana-based credit union is scheduled for a Sept. 2018 core conversion.

The move will impact more than 800 credit unions.

The latest data from the federal regulator reveals positive gains across a variety of metrics, but industry consolidation continues as small CUs struggle to grow.