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SAN ANTONIO – San Antonio FCU has introduced a new “GO” mobile app with a joint promotion in which people can vote on the charitable cause to which its employees will donate their time.
August 23 -
COSTA MESA, Calif. – Ventura County Credit Union has selected LendingQB’s LOS platform, an end-to-end, browser-based loan origination system.
August 22 -
LAKE MARY, Fla. – CFE Federal Credit Union has awarded $29,000 in scholarships to college-bound students.
August 22 -
TUCSON, Ariz. – Vantage West Credit Union here has signed on for its fourth year as sponsor of the coin toss before football games at the University of Arizona.
August 22 -
OMAHA, Neb. – With five months left in the year, the Save-To-Win program has helped Nebraska credit union members save more than $1 million, according to the Nebraska Credit Union League.
August 22 -
DES MOINES, Iowa – Underserved consumers, including those in the Hispanic community, are spending in excess of $29 billion per year on non-bank financial services, such as money orders, check-cashing and payday advances – meaning prepaid reloadable cards provide CUs an excellent entryway to serve this consumer segment.
August 22 -
BINGHAMTON, N.Y. – A mother and son have entered guilty pleas to illegally obtaining more than $14 million in loans from Broom County Teachers FCU.
August 22 -
ST. PAUL, Minn. – Saying it is seeking to strengthen credit unions’ ability to accept public deposits, the Minnesota Credit Union Network’s Network Service Corp. has entered into a partnership with American Deposit Management, which provides treasury services.
August 22 -
BEAVERTON, Ore. – The $550-million Rivermark Community Credit Union said it plans to close branches in Clackamas and Newberg, Ore., and will focus on encouraging members to use mobile and online solutions for transactions.
August 22 -
ARLINGTON, Va. – The relationship between many CUs and their examiners remains strained, according to a recent NAFCU survey of its membership.
August 22 -
WASHINGTON – Mortgage application volume fell 7.4% for the week ending Aug. 17 with loan rates inching up but remaining near historic lows.
August 22 -
FOSTER CITY, Calif. – Two more studies have found banks are increasing checking charges while CUs continue to hold the line on free checking.
August 22 -
MONTPELIER, Vt. — Representatives from Vermont State Employees CU here said today's pre-conference hearing went almost exactly as expected. The CU is in a legal dispute with the state's Department of Financial Regulation (DFR) over use of the words "bank" and "banking."
August 22 -
PHOENIX – Members of FirstCorp have officially approved a “unique consolidation” of the corporate into Catalyst Corporate FCU, Plano, Texas.
August 21 -
EAU CLAIRE, Wis. – Credit union members in two different parts of the country have been receiving fraudulent automated calls on their cell phones claiming their debit and/or credit cards had been compromised.
August 21 -
MIAMI – South Florida Educational FCU has paid a special Shared Earnings Dividend of $2 million to its members.
August 21 -
HERNDON, Va. – The $2.2-billion Northwest Federal Credit Union has named Chris McDonald as its new CEO, succeeding Gerrianne D. “Winky” Burks, who plans to retire in mid-January after a 41-year career at NWFCU.
August 21 -
ARLINGTON, Va. – While credit union performance metrics in June showed improvement in several categories, lending slowed, according to NAFCU’s Economic & CU Issues Monitor.
August 21 -
LANSING, Mich. – The Michigan Commissioner of Financial and Insurance Regulation has signed an order authorizing CUSOs to provide small business equity investments to Michigan credit unions and their members.
August 21 -
MADISON, Wis. – Credit unions have struggled in their attempts to comply with regulations regarding multi-featured open-end lending the last two years, and one compliance expert believes CUs will have to opt for closed-end lending in most cases.
August 21