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MOUNTAIN VIEW, Calif. – Google’s Monday announcement that is plans to acquire Motorola Mobility Holdings is expected to lead to a surge in its mobile payment plans, and to have fallout for the broader issue of adoption of mobile payments.
August 16 -
WASHINGTON – The FDIC has returned to solvency.
August 16 -
MADISON, Wis. – CUNA Mutual’s chief economist, Dave Colby, has a new name for his economic forecast: “protracted malaise.”
August 16 -
PEOSTA, Iowa – University of Iowa Community Credit Union CEO Jeff Disterhoft was among a group of Iowans who met with President Obama here as part of an economic development forum.
August 16 -
TULSA, Okla. – A man has been arrested and charged with robbing Oklahoma Central Credit Union twice last week.
August 15 -
MILWAUKEE, Wis. – Despite the focus on delivering monthly statements electronically, numerous banks report the use of paper statements actually continues to rise.
August 15 -
WASHINGTON – Credit unions should get a better understanding of MasterCard’s intentions regarding supporting a two-tiered debit interchange system.
August 15 -
SACRAMENTO, Calif. – The California Association of Realtors reported California home sales fell by more than 4% on a month-to-month seasonally adjusted basis for July, but when compared to July 2010, they were up 4.5%.
August 15 -
PLEASANTON, Calif. – Ellie Mae has acquired Del Mar Datatrac, Inc.
August 15 -
SAN FRANCISCO – Smaller merchants may miss Visa Inc.’s first deadline for chip-card acceptance by as much as two years, though larger merchants should meet that deadline easily.
August 15 -
FAIRFAX, Va. – The $1.35-billion Apple FCU here said it will absorb via merger $180-million Synergy One FCU.
August 15 -
WASHINGTON – A new study suggests credit unions may not see as many loan applications from consumers previously turned away by banks.
August 15 -
WEST PALM BEACH, Fla. – Credit Union Journal is assembling a special report marking the 10th anniversary of the Sept. 11, 2011 terrorist attacks and is seeking reader input.
August 15 -
WASHINGTON – Not driven as much by rate as by opportunity, one group of people is getting aggressive in mortgages: scam artists.
August 15 -
WASHINGTON – Consumers are increasingly looking to finance homes at terms shorter than the traditional 30-year mortgage.
August 15 -
NEW YORK – Mortgage rates continue to slide toward near-record lows.
August 15 -
ONTARIO, Calif.-Auto lending fraud typically takes the form of borrowers misrepresenting application information, such as income. But during a recession-and even during a sluggish recovery-CUs need to watch out for the dealer as well.
August 15 -
RIVERSIDE, Calif.-Altura Credit Union, which has struggled with profitability, is reporting net income of $3.1 million on total assets of $693.6 million for the second quarter.
August 15 -
OMAHA, Neb.-One way to increase loan volume is to get members to take out two loans at a time. That's the strategy behind Centris FCU's BOGO (buy-one-get one) loan program, which helped it pick up volume right when loans began to tail off, explained Seth Swier, AVP of financial services.
August 15 -
SAN DIMAS, Calif.-Several sources have indicated that Western Bridge Corporate FCU, the former WesCorp, has been telling credit unions it will not reach the capital raising goal by Aug. 31 that is established to recharter itself as a free-standing corporate called United Resources Corporate FCU.
August 15