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GREENSBORO, N.C. – Greensboro Municipal FCU has implemented CU*Answers’ CU*Base Saas core processing solution.
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INDIANAPOLIS – Student CU Connect, a CUSO owned by seven area credit unions, signed with First Associates Loan Servicing to service the CUSO’s portfolio of private student loans.
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ST. HELENS, Ore. – Officials with St. Helens Community FCU and nearby Wauna FCU said they plan to merge to create a credit union with about $300 million in assets.
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PONTIAC, Mich. – Affinity Group CU, a partnership of five area credit unions, yesterday said St. Cletus CU, a $15-million Warren credit union, is joining the conglomerate.
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LAWRENCE, Mass. – A homeless man was charged with a June 23 robbery at Members First CU in nearby Manchester, N.H., after he was arrested for public drinking and authorities found $2,500 from the credit union holdup on him.
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SHARON, Mass. – Sharon CU will be testing a new iPad app for Vertifi Software’s popular DeposZip remote deposit capture solution later this summer.
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LYNCHBURG, Va. – Credit unions have managed to largely escape the impact of the unrelenting heat wave and strong storms that have led to widespread power outages in the East.
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MINNEAPOLIS – U.S. Bancorp said this morning it has agreed to pay $55 million to settle a class action lawsuit accusing it of unfair business practices in ordering payments on its debit transactions, similar to claims made against nine big credit unions over the past few weeks.
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ST. PETERSBURG, Fla. – PSCU said this morning several of its credit union customers will be the first financial institutions in the U.S. to deploy VISA prepaid chip-based EMV cards later this summer, with another dozen credit unions to follow in the fall.
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VIENNA, Va. – Navy FCU announced this morning the introduction of a commercial loan participation program which will buy member business loans from other credit unions.
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Ongoing polling of attendees at America's Credit Union Conference found tepid faith in a growing economy and little support for President Obama and Congress.
July 2 -
Credit unions have been "good" for decades, but Mike Mercer wonders if the movement suffers from a sense of complacency that prevents CUs from achieving greatness.
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Many credit union CEOs plan to retire relatively soon, leaving CUs with a five-year window to develop a succession plan, says Scott Albraccio, executive benefits sales manager for CUNA Mutual Group.
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WEST PALM BEACH, Fla.-Credit Union Journal has extended the deadline for entries for its 2012 Best Practices Awards to July 9.
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A federal court certified a suit for class action status that claims Hope Community violated provisions of the Electronic Funds Transfer Act requiring ATM owners to disclose to customers on-site what fees will be charged.
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The $1.6-billion Technology Credit Union is offering a number or prizes — including iPads and cash — to encourage members to cast their vote as part of its effort to convert to a bank.
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The Supreme Court's decision last week to uphold President Obama's healthcare law may have a number of employers — including some credit unions-playing catch-up.
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Credit unions issuing debit or credit cards should plan to migrate to chip technology soon. That's the view held by three analysts speaking at America's CU Conference.
July 2