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"Say Mazuma" — an ad campaign from $448-million, 52,000-member Mazuma Credit Union — is designed to leverage the CU's unusual name (which is pronounced "muh-ZOO-muh," and is Yiddish for "money.")
May 16 -
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COMPTON, Calif.-Mid-Cities Financial Credit Union has been designated a CalCAP (California Capital Access Program) financial institution.
May 16 -
A number of industry leaders did not discount the opinion shared by Mike Moebs, CEO and economist of Moebs $ervices, that credit unions will need to meet a higher capital minimum to be considered well-capitalized.
May 16 -
BIRMINGHAM, Ala.-Former NCUA Chairman Dennis Dollar sees little chance capital requirements for credit unions will increase.
May 16 -
Laurie Nash joined Seven Seventeen CU, Warren, Ohio, as a mortgage loan originator.
May 16 -
ALEXANDRIA, Va.-Credit unions are urging NCUA to delay enactment of its new rule scrapping ratings by Wall Street agencies as a requirement for investments until the agency replaces the traditional ratings benchmark with definitive guidance.
May 16 -
RALEIGH, N.C.-Many credit unions have been around since long before their members were born, but State Employees CU here is helping members be prepared for what happens after they die.
May 16 -
Doubting assurances by Vensure FCU's CEO that his credit union would exit the business of processing online bets and offer loans and deposits like a traditional credit union, NCUA took it over on April 15.
May 16 -
SAN FRANCISCO-Visa is working with a select group of credit unions and banks to launch a digital wallet later this year that will store Visa and non-Visa payments accounts and deliver a broad range of financial transaction capabilities.
May 16 -
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After six years at the helm of the World Council of Credit Unions, Peter Crear is retiring. Today, WOCCU represents 44 regular members and affiliates, approximately double the number when he took over as CEO.
May 16
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It's the little things that happen while a mortgage loan is being originated that lead to good loans going bad, resulting in wasted time and staff resources.
May 16
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This letter is to ask for help for one particular group of residents in Tuscaloosa, Ala., who have been hit particularly hard by the recent tornadoes. Corporate America CU has already generously agreed to match all donations dollar-for-dollar up to $100,000.
May 16
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I get it that we're all in lock-step against the Durbin Amendment. But, in marshalling our troops to actively "be against" the Durbin Amendment, it would be nice to also have a "be for" position other than the status quo.
May 16
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While everyone knows that social media should be more than a cool new toy for the marketing department, the challenge we face today is setting measurable goals and expectations for what social media can realistically do for your CU.
May 16
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We need to find a way to restore accountability and encourage members to act like owners. If not, there will be many more credit unions that fail to serve their members and waste their capital and destroy their franchise.
May 16
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DES MOINES, Iowa – Police shot and wounded a suspect in Friday’s armed robbery at Tradesmen Community CU who is accused of leading them on a chase, carjacking a van and trying to harm officers by ramming their cruisers with the stolen vehicle.
May 15