• Thank you very much for posting "NCUA Rules CUs Must Accept Alternative Credit Reports." Let's now hope fiscally responsible consumers step up, as only they can do, to self-report at their own expense, non-reported credit references ...

    November 29
  • You have got to be kidding, now they're expecting the credit unions to be happy to give MORE MONEY to this government! Unbelievable.

    November 29
  • Excellent, NCUA employees to received 5% to 8% pay raises while natural person credit unions are struggling to control expenses.

    November 29
  • WASHINGTON — In an era of low interest rates, weak loan demand and unprecedented efforts by the Federal Reserve Board to pump liquidity into the economy, the demand for Federal Home Loan Bank advances has plummeted to a 10-year low, raising questions about the system’s future as the government weighs a redesign of the housing finance sector.

    November 28
  • VISTA, Calif. — Bluepoint Solutions has released a transition program for natural-person credit unions that have branch capture software licenses purchased through Western Bridge Corporate CU (WesCorp) and Southwest Corporate FCU.

    November 28
  • YUMA, Ariz. — The offices and branches of AEA Federal Credit Union here are covered in “Thank You” notes following a Thanksgiving promotion in which the credit union asked members and employees to write a short note about what they are thankful for.

    November 28
  • BOCA RATON, Fla. — A new analysis is predicting that fraud stemming from skimming incidents, which saw an uptick in activity in 2010, will increase even more.

    November 28
  • SAN JOSE, Calif. – Technology Credit Union has created a Wealth Management Division by combining its private banking, personal banking and investment services departments.

    November 28
  • WASHINGTON — Over strong opposition from community banks, the Federal Deposit Insurance Corp. has followed through on a new set of guidelines aimed at curbing abuse of automated overdraft programs.

    November 28
  • JACKSONVILLE, Fla. — The $83-million JM Associates FCU has partnered with sponsor JM Family Enterprises, Inc., to create “Smart Badge,” a new payment process of the company that uses smart-chip technology.

    November 28
  • WEST PALM BEACH, Fla. – While some credit union CEOs continue to express dismay at NCUA in the wake of its announced plans to boost its budget — and many employees’ pay — in 2011, other are saying say pay increases are a necessary investment to avoid having to pay higher costs further down the road as the result of insufficiently trained and staffed examination teams.

    November 28
  • HOLLYWOOD, Calif. – AFTRA-SAG FCU here is asking higher-balance members to consider moving their deposits to other institutions.

    November 28
  • ATLANTA — If “Black Friday” last week is any indication, credit unions should expect to see an increase in payments transactions — and distracted employees – today as “Cyber Monday” takes place.

    November 28
  • DeFUNIAK SPRINGS, Fla. – A former employee at Walton County Teachers FCU here has been charged with stealing more than $30,000 from the personal accounts of three members.

    November 23
  • MARGATE, Fla. – Lloyd Gill has been named the new president /CEO of City County Credit Union.

    November 23
  • MEMPHIS, Tenn. – Memphis Area Teachers’ Credit Union said it is partnering with the local RISE Foundation on the “Home Run” program, which seeks to remove blockades to home ownership to those who are financially stable, but may have flaws such as previous bad credit, lack of down payment, or an inability to secure financing preventing them from owning a home.

    November 23
  • LAKE MARY, Fla. – Harland Financial Solutions is reporting that three credit unions will be moving to its UltraData Enterprise core processing solution.

    November 23
  • CHARLOTTE, N.C. – Bank of America Corp. is building on its mobile payments strategy with plans to issue contactless stickers to its credit and debit card customers in 2011.

    November 23
  • SANTA ANA, Calif. – The “shadow inventory” of homes that could reach market increased to 2.1 million units in August, an 11% jump from the same period a year ago, according to new figures provided by CoreLogic.

    November 23
  • SEATTLE – Starbucks Corp. now includes PayPal Inc.’s payment system as a funding method for its mobile payment application.

    November 23