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LAS VEGASAs Fexco and First Data demonstrated their futuristic ATM concept, which allows consumers to use a mobile phone instead of a card for access, they emphasized that the CU or bank is at the heart of the offering - everything about the technology could be changed to the bank's whim.
October 24 -
COLUMBUS, OhioA Columbus CU member faces one count of making terroristic threats after repeatedly harassing staff at TIC FCU here.
October 24 -
ALEXANDRIA, Va. A year after the wind-down of U.S. Central FCU, the industry's ultimate source of liquidity the NCUA Board voted this morning to require all credit unions over $250 million to contract for a federally backed source of emergency liquidity, either the Central Liquidity Facility or the Federal Reserve's Discount Window.
October 24 -
RICHMOND, Va. Entrust Financial Credit Union announced that Lisa Lambrecht, who has been serving as interim president and CEO for the $71-million CU since February, has been confirmed by the board as its new president and chief executive.
October 24 -
ALEXANDRIA, Va. The nation's biggest credit unions continued to trim their loan-loss provisions and cost of funds in the third quarter pushing net income higher still, according to reports filed this week with NCUA.
October 24 -
CINCINNATI Two Chicago men were charged with trying to steal debit card numbers and PINs Wednesday from members of Kemba CU using an ATM skimming device.
October 23 -
STATE COLLEGE, Penn. SPE FCU announced the retirement of Russell Brooks, chief executive officer of the $78 million credit union for 10 years, effective Oct. 31.
October 23 -
JACKSON, Mich.The undead are breathing new life into auto lending at Michigan Community CU here.
October 23 -
WASHINGTON Blacks and Hispanics are likely to find it more difficult to obtain credit or face paying higher prices when the "qualified mortgage" rule goes fully into effect.
October 23 -
HOLLYWOOD, Fla.It's getting easier for distributed denial of service (DDoS) attackers to launch large-scale assaults, according to a new study that found these hackers' efforts have more than doubled in the last year.
October 23 -
LINCOLN, Neb.Liberty First CU announced Frank Wilber will take the reins as CEO effective Nov. 25.
October 23 -
PHARR, TexasLong-time credit union executive Suzy Brinkman-Doughty died Monday, according to the Cornerstone CU League. Brinkman-Doughty was the CEO of NAFT FCU for 28 years.
October 23 -
GOSHEN, Ind. Interra CU, which fired its long-time CEO last spring amid boardroom intrigue, announced Wednesday that Amy Sink, chief financial officer at nearby Teachers CU, was named president and CEO of the $670 million institution, one of the biggest privately insured CUs in the nation.
October 23 -
ALEXANDRIA, Va. NCUA said it approved another 18 mergers, more than half of them eliminating a credit union with repeated losses or lack of growth.
October 22 -
MIDLAND, Texas A former Odessa auto dealer pleaded guilty Tuesday to an 18-month long scheme that defrauded My Community FCU of $3.9 million.
October 22 -
PLEASANTON, Calif. Patelco Credit Union said its "Switch to Save" loan refinance program recently hit a milestone as participating members have saved more than $1 million.
October 22 -
WASHINGTON NCUA and the banking regulators said Tuesday lenders that decide to only offer so-called Qualified Mortgages under new lending rules will not run afoul of the anti-discriminatory provisions of the Equal Credit Opportunity Act and its implementing regulation, known as Reg B.
October 22 -
ALEXANDRIA, Va. NCUA said it will begin rating corporate credit unions, as it does natural person credit unions, using the CAMEL code starting Jan. 1.
October 22 -
WASHINGTONThe nation's three largest credit unions made it onto the National Cooperative Bank's annual NCB Co-op 100 list, which ranks the top performing cooperatives in the U.S.
October 22 -
JACKSON, Miss. HOPE CU, one of the nation's leading community development credit unions, and its President Bill Bynum, were named winner Tuesday of the Aspen Institute's John P. McNulty $100,000 prize recognizing innovation in addressing important social issues.
October 22

