The place P2P will eventually take in the overall payments landscape is unclear, yet CUs can't afford to ignore the alternative payment platform.

Numerica CU, Spokane Valley, Wash., announced election results for its board of directors and supervisory committee. Joe Day, Scott Clark, and Scott Plumb were elected to three-year board terms. Separately, Teresa Carlson was hired as a business services relationship officer. Charlene Whitener and Gary Farrell joined the supervisory committee. In addition, new board officers were selected: Dave Shriver will remain chair and Clark was voted vice chair. Robin Harmon was voted secretary

While many credit unions offer loans on roof-top solar systems, $259-million Sooper CU says it is the first in the country to offer long-term loans to consumers and businesses to help them into community-owned "solar gardens."

Credit unions have the best reputation and are the most trusted organizations among 34 major U.S. business sectors, according to a recent poll of 5,000 consumers.

The NCUA has changed its troubled debt restructuring (TDR) rule to allow credit unions to deem a restructured member mortgage loan current as soon as the loan is closed.

Member service reps trained to ask members who are closing out their account "Do you want cash or a check" should be asking other questions first.

NDS Implements Sharetec Mobile

The process used to be anything but simple when the $142-million Holyoke Credit Union found itself fielding questions from members such as, "Why am I getting overdraft charges?" and "Why is there a stop payment on my account?"

A lobby coin-changing machine is too expensive for a small Iowa credit union to afford by itself, but if it can convince the Iowa Credit Union Foundation that the machine will be a real convenience for members, the ICUF may grant money to help pay for it.

Integration Standards Being Set

When a credit union headquartered in the mountains of western Maine loses a skilled employee, the loss can be painful and create a vacuum. But that human risk factor is reduced significantly when it comes to IT staff at one CU.

Starting out as a virtual credit union may be easier than becoming one, according to a 75-year-old CU here that has always been branchless.

When a credit union deploys a new technology solution, two things are almost sure to happen: It will take longer than expected to optimally use the system, and there will be some software glitches.

Tropical Financial CU is planning a series of ads using member testimonials, and it is paying big bucks for them.

NCUA FILES $19 MILLION CLAIM IN ST. PAUL CROATIAN FAILURE

GAO OKs NCUA Loss Review

Corporate Central CU last week announced what it is calling "flexible membership options."

The "not-for-charity" leg of the three-legged credit union motto is a bit like the fourth Ghostbuster; there, just not talked about much.

Listed below are five questions about the Federal Financial Institutions Examination Council compliance with the recent guidance.

Reasons why you should up the ante in your stress testing.