SAN DIEGO – Mitek Systems, pioneers in mobile banking, rolled out a Mobile Photo Account Opening product this morning.

SCRANTON, Penn. – Tobyhanna FCU said this morning it has installed two NCR APTRA Interactive Tellers in order to increase service hours for its members.

MADISON, Wis. – Summit CU will pick up two branches with the merger of Greater Milwaukee CU, a $14-million, West Allis-based credit union.

VIENNA, Va. – Navy FCU on Monday opened a branch inside a Safeway store in Germantown, Md., and may expand its grocery store presence.

LIVE OAK, Texas – Randolph-Brooks FCU has signed with Fiserv to implement the company’s Open Solutions DNA core processing solution.

WASHINGTON – New NCUA Board member Rick Metsger told attendees to NAFCU’s annual Congressional Caucus he believes in the traditional credit union concept of the common bond and asked the 450 credit union executives to serve as a common bond between their members and the NCUA, to preserve consumers’ faith and trust in the credit union system.

WASHINGTON – Rep. Patrick McHenry, a major critic of the Dodd-Frank Act, continued to voice opposition to the bank reform bill during NAFCU’s Congressional Caucus Monday, focusing on the Consumer Financial Protection Bureau.

ALBANY, N.Y. – SEFCU, New York’s seventh-largest credit union, is moving its headquarters to a former train station in downtown as part of a plan to redevelop the site.

MIAMI GARDENS, Fla. – NCUA on Monday issued a supervisory order directing North Dade Community Development FCU to clean up its anti-money laundering program, amid questions about the membership eligibility of people using the credit union’s money services.

TAMPA, Fla. – Fast-growing Grow Financial FCU announced today it is opening its first out-of-state branch this fall in Columbia, S.C., the first of 15 branches the $1.9 billion credit union plans for South Carolina.

LAKE BLUFF, Ill.—Overdraft usage at FIs dropped to its lowest point in the last 14 years at the close of the second quarter, according to a new study by Moebs $ervices.

NCUA last week warned credit unions about advertising that anyone can join, without limitation, saying such an offer may be in violation of laws and regulations.

NEW BRUNSWICK, N.J.-Citing regulatory concerns, Internet Archive FCU here now says it will not be able to service accounts for customers of Tradehill, Inc., an exchange for virtual currencies such as Bitcoin.

Aspire FCU call center staff can tell if they are having a good day by the looks on their faces-which they can see from the mirrors in each of their cubicles.

SEPTEMBER

A credit union can't effectively manage its credit card portfolio unless it uses a scorecard and consistently measures results.

10 Billion Cards Circulating Around World

One day after six federal agencies issued a notice revising a proposed rule requiring sponsors of securitization transactions to retain risk in those transactions, insiders questioned if the changes do much to help credit unions.

There isn't a credit union in the country that isn't aware of the never-ending need to comply with ever-growing rules and regulations. In our July 29 issue, Credit Union Journal provided more than a dozen perspectives aimed at providing assistance and direction with compliance. In this issue, the Journal offers additional viewpoints designed to do the same.

The new remittance transfer rules that take effect Oct. 28 bring with them some tough decisions for credit unions-especially those falling just outside the guidelines, reports CUNA Mutual Group.