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The Consumer Financial Protection Bureau's proposed revisions to mortgage disclosure forms, part of its "Know Before You Owe" mortgage project, has several changes.
July 13 -
MERRITT ISLAND, Fla. – Kennedy Space Center FCU announced this morning it hired Joe Mirachi, head of $135 million Tucson Old Pueblo CU, as president and CEO of the $600 million credit union.
July 13 -
MONITOR TOWNSHIP, Mich. – Construction of the third Copoco Community CU branch began this week inside the Valley Center Technology Park.
July 12 -
MANCHESTER, N.H. – St. Mary’s Bank, the nation’s oldest credit union, is moving to a new headquarters adjacent to its current offices.
July 12 -
SHREVEPORT, La. – Bossier FCU signed with Geezeo to implement the company’s white label personal financial management platform.
July 12 -
KANSAS CITY, Mo. – Mazuma CU is now offering its members Visa credit and debit card photo personalization.
July 12 -
PASADENA, Calif. – Wescom Central CU has signed with Vertifi Software to offer its members DeposZip mobile remote deposit capture service.
July 12 -
LENEXA, Kan. – CU Holding Company, a holding company for six CUSOs, yesterday named Larry Hayes, a longtime credit union executive, its new president and CEO.
July 12 -
WASHINGTON – Weeks after obtaining NCUA approval to serve Fannie Mae and Freddie Mac employees, The Partnership FCU, the credit union for the FDIC, said it will merge with Fannie Mae FCU.
July 12 -
OGDEN, Utah – A man who walked away from county jail in May was arrested last week after he allegedly robbed an Ogden credit union and a Montana CU, as well as banks in Oklahoma and Montana.
July 12 -
TINTON FALLS, N.J. – United Teletech Financial FCU is posing a challenge to members for the second year in a row – to save $1 million in interest expense this summer.
July 12 -
ROYAL OAK, Mich. – The former General Counsel of the Michigan Credit Union League has filed a lawsuit against the league alleging discrimination and retaliation.
July 12 -
SEATTLE – Prevail CU and Harborstone CU of Tacoma announced plans to combine this afternoon to create another $1 billion credit union, the state’s sixth.
July 12 -
LOS ANGELES – Xceed Financial FCU asked a federal court this morning to compel a member suing it over its overdraft practices to submit to mandatory arbitration instead, as required under its standard membership agreement.
July 12 -
WASHINGTON – Long-term mortgage rates plunged again this week to record lows, putting more pressure on credit unions and other lenders who depend on loan interest as their bread-and-butter.
July 12 -
PHOENIX – An article in yesterday’s Credit Union Journal Daily Briefing incorrectly identified the Phoenix credit union losing almost $2 million on the sale of an MBL REO. It is Arizona State CU, not Arizona Federal CU.
July 11 -
DOTHAN, Ala. – Wiregrass FCU signed with Geezeo to implement the company’s white label personal financial management platform.
July 11 -
WASHINGTON – The Partnership FCU, formerly FDIC Employees FCU, was approved by NCUA to expand its field of membership to serve 7,000 employees of Fannie Mae and Freddie Mac in Washington, Philadelphia, Atlanta, Chicago, Dallas and Pasadena, Calif.
July 11 -
NEPTUNE, N.J. – First Financial CU awarded one member a $1,000 check as winner of its 94.3 The Point’s “Helping Families First” sweepstakes.
July 11 -
GREENWOOD VILLAGE, Colo. – Bellco CU celebrated its newly relocated downtown Denver branch with a grand opening this week, the third branch opened by the $2-billion credit union so far this year.
July 11