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WASHINGTON – NCUA renewed its request to Congress this morning to allow all credit unions–not just multiple group charters–to add underserved communities to their fields of membership, and also asked that all credit unions be allowed to provide services in adjacent low-income areas, a major initiative to expand credit union markets.
September 22 -
MARLBOROUGH, Mass. – Digital FCU has signed with LenderLive Network for the credit union’s mortgage loan fulfillment (processing, underwriting and closing) needs.
September 21 -
CHARLESTON, W.Va. – West Virginia United FCU has signed with eDOC Innovations to install the company’s eDOCSignature solution.
September 21 -
CORNING, N.Y. – Corning CU has opted for a customized private student loan program through Fynanz.
September 21 -
FARMINGDALE, N.Y. – Teachers FCU has signed with VSoft to convert the credit union’s check processing to the company’s global data center, known as VServe.
September 21 -
CORINTH, N.Y. – Hudson River Community CU, the credit union for International Paper Co., on Wednesday broke ground on a new operations center on the grounds of its corporate sponsor.
September 21 -
FALCON HEIGHTS, Minn. – Spire FCU has contracted with Member Loyalty Group for the company’s Satmetrix Net Promoter measuring member loyalty.
September 21 -
CORPUS CHRISTI, Texas – Fast-growing NavyArmy FCU, the largest credit union south of San Antonio, has applied to convert to a state charter and to add an estimated 1.2 million residents in nearby Hidalgo and Cameron counties to its field of membership.
September 21 -
ST. CLAIR SHORES, Mich. – State regulators yesterday barred the CEO of defunct Shores Area CU from working in the credit union industry for his management lapses before the troubled $12-million credit union was merged earlier this year into Unity CU.
September 21 -
CLINTON, Md. – Three suspects who robbed a Navy FCU branch here yesterday morning dropped more than $100,000 in stolen loot as they made their getaway, but still made off with a substantial amount of cash.
September 21 -
WASHINGTON – With optimism waning, hundreds of credit union executives and directors trudged to Capitol Hill again this week, pushing to finally move the bill to raise the limit on member business loans that has been before Congress for a decade or more.
September 21 -
ALEXANDRIA, Va. – NCUA this morning issued an order barring the former president of Orange County Employees FCU from the financial services industry for a $1.2 million theft that sunk the one-time $4 million Orange, Texas credit union.
September 21 -
NEW YORK – An obscure credit union shuttered by NCUA a few months ago played a key role in moving tens of millions of dollars for what authorities say was an elaborate “Ponzi scheme” operated by the world’s biggest online poker betting operations.
September 20 -
YORKTOWN, Va. – 1st Advantage FCU has named Paul Muse, its vice president of retail, as president and CEO of the $500-million credit union.
September 20 -
CHARLESTON, S.C. – Heritage Trust FCU has contracted with FamilyMint to implement the company’s financial literacy program for youth.
September 20 -
LA CANADA, Calif. – CalTech Employees FCU has signed with Fynanz to build a customized private student loan program using the company’s cuStudentLoans platform.
September 20 -
HEATH, Ohio – Hopewell FCU has installed self-service coin counting machines provided by Cummins-Allison at both of its Ohio branches.
September 20 -
GRAND RAPIDS, Mich. – Lake Michigan CU has signed a multi-year agreement with Online Resources Corp. to extend bill payment services and to implement the company’s retail banking software solution.
September 20 -
SOUTH BEND, Ind. – Notre Dame FCU has rolled out Experian’s QAS Pro address verification solution in its branch locations and mortgage operations.
September 20 -
SAN ANTONIO – Security Service FCU has signed with Mortgage Cadence to replace its document and loan origination solutions with Mortgage Cadence Orchestrator and Finale Document Services.
September 20