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ALEXANDRIA, Va.-Two months after NCUA informed 1,003 federal credit unions of their eligibility to become a low-income credit union (LICU), 676 federal credit unions have accepted, bringing the total list of LICUs to 1,874, the agency said.
October 18 -
SAN JOSE, Calif.-Robert Marinace, who successfully helped lead the charge against Technology CU's proposed conversion to a bank charter died Oct. 14. He was 84.
October 18 -
INDIANAPOLIS – Servicecorp, a subsidiary of the Indiana CU League, said its Credit Union Card Center (CUCC) is now offering 24/7 call center support for credit union clients every day of the year except Thanksgiving, Christmas and New Year’s Day.
October 17 -
PHOENIX – Two robbers dubbed the “Run-N-Gun Bandits” are suspected of hitting two branches of Desert Schools FCU here.
October 17 -
ALEXANDRIA, Va. – NCUA and the Massachusetts Division of Banks have entered into a Letter of Understanding and Agreement (LUA) with $2.1-million Lynn Municipal Employees Credit Union, requiring it to take steps to correct unsafe and unsound practices.
October 17 -
RACINE, Wis. – Educators Credit Union here has joined a local initiative aimed at spurring energy savings projects by small business.
October 17 -
BIRMINGHAM, Ala./TALLAHASSEE, Fla. – The League of Southeastern Credit Unions, CUES, and the Michigan CU League said they will partner in 2013 to help increase CU collaboration.
October 17 -
LAS VEGAS – One Nevada Credit Union continues to show a robust turnaround.
October 17 -
CHARLOTTESVILLE, Va. – A new study from SNL Financial has found Wells Fargo continues to lead deposit-taking institutions in the U.S., thanks in large part to its acquisition of Wachovia in 2008.
October 17 -
WASHINGTON – Although the Consumer Financial Protection Bureau appears close to a compromise over key mortgage underwriting rules, the agency’s attempts to appease both banks and consumer groups could backfire, according to several analysts.
October 17 -
RICHLAND, Wash. – Gesa CU is paying $1 million to help rebuild a historic carousel here and in return will receive the naming rights for the merry-go-round for the next 12 years.
October 17 -
LAS VEGAS – The best practice employed during a 2010 merger of $177.4-million Metro 1 CU into $1.6-billion Travis CU, Vacaville, Calif., was “communication, communication, communication.”
October 17 -
WASHINGTON – Credit unions continue to experience substantial membership growth, as well as an improved retention rate, in the wake of the November 2011 Bank Transfer Day, according to a new survey by the National Association of Federal Credit Unions.
October 17 -
MADISON, Wis. – Today marks International Credit Union Day around the globe, part of International Credit Union Week this week.
October 17 -
MADISON, Wis. – CUNA Mutual Group has launched what it is calling an “ambitious” direct-to-consumer campaign aimed at raising awareness of the consumer brand “TruStage.”
October 17 -
RANCHO CUCAMONGA, Calif.- CO-OP Financial Services this morning said it has reached an agreement with the SHAZAM Network to allow members of participating credit unions to access surcharge-free and shared deposit ATMs nationwide.
October 17 -
BIRMINGHAM, Ala. – Credit card delinquencies for five major credit card issuers increased in September, according to LowCards.com.
October 16 -
VERNON HILLS, Ill. – BCU here has teamed up with TD Ameritrade to provide self-directed online investing services at special preferred rates to members who “feel comfortable with, and want to make their own investment decisions,” according to the credit union.
October 16 -
WICHITA, Kan. – Nine Kansas credit unions gave away gift cards or free gas to unsuspecting consumers as part of the Kansas CU Association’s first statewide “Make A Difference Day” event in tandem with International Credit Union Week.
October 16 -
COLUMBUS, Ohio – To give Ohio state chartered CUs an opportunity to interact with regulators, the Ohio Department of Commerce Division of Financial Institutions is holding its first Credit Union Day on Oct. 30.
October 16