WASHINGTON – mFoundry will launch a next generation mobile platform at today’s BAI Retail Delivery Conference the company says offers credit unions and banks new mobile banking revenue opportunities.

DURHAM, N.C. – Self-Help CU announced this afternoon it has acquired several downtown parcels and is in the preliminary stages of planning a new development expected to be a key part of a downtown revitalization.

ONTARIO, Calif. – CU Direct Corp., the leader in indirect auto loans for credit unions, announced this morning it has expanded its retail loan operations with the acquisition of Lifestyle Lending Insights, a Salt Lake City provider of so-called lifestyle loans—for medical or retail purposes—through credit unions.

Pentagon FCU is sending out a prototype short-form credit card agreement for the fourth quarter as part of the Consumer Financial Protection Bureau's project aimed at shortening consumer credit card contracts.

Wells Fargo has become the latest of the big banks to unveil simpler checking account disclosures for customers, following rollouts by JPMorgan Chase, Regions and TD Bank that started late last year.

To drive credit card revenue, the CU can't "set and forget" the card once it's issued, reminds Dan Lozier, director of client relations for TMG, who recommends aggressively pursuing activation and usage strategies, along with good analytics.

A+ Federal Credit Union has partnered with Austin Community College's Student Life office on the "Riverbat Savings Challenge," a nod to the school's mascot.

Pay them or lose them, says CUNA, which has identified several credit union non-management positions that need greater pay and rewards due to demand for their skills in the marketplace.

Quick Charter Change

Farmers Insurance Group FCU is inviting members to go online and claim more than $1 million in annual loyalty rewards, and in the process is cross selling to deepen relationships.

A new report calling for changes in how board members are nominated, elected and measured once in the job has provoked renewed debate, with some, not surprisingly, disagreeing with the report's recommendations.

A recent report from the Filene Research Institute examines corporate governance practices at credit unions in the United States and Canada. Some observers suggest such a comparison isn't fair, because of the vast differences between CU systems in the two nations.

Are two credit unions ahead of the curve when it comes to lending money for compressed natural gas (CNG) fueled vehicles?

Credit unions will steal good ideas from any industry and, according to Bob Hoel, the former executive director of the Filene Research Institute, they should be proud of that long tradition.

Most credit unions that believe they know what's coming with mobile payments should think again as they're going to need to be nimble to react to change in the mobile space and protect card revenue.

TMG Offers Merchant-Funded Option

Breaks On Student Loans

After 20 years at the helm of MIDFLORIDA Credit Union, CEO D. Kevin Jones is within spitting distance of achieving one of the goals he set for himself even before he arrived at the credit union back in 1992.

Mergers have been a key component of MIDFLORIDA CU's growth strategy over the last 20 years, having absorbed more than 10 credit unions in that time.

State regulators continue to fight what they call federal encroachment on their authority.