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UPPER MARLBORO, Md. – NASA FCU launched its mobile remote deposit app, which allows its members to deposit checks anytime, anywhere, from a wireless mobile handheld device.
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LATHRUP VILLAGE, Mich. – A mobile banking service is available to Michigan First CU’s more than 80,000 members, allowing them to check balances, view transaction history, transfer funds and pay bills, anywhere, anytime, from their mobile device.
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MINNEAPOLIS – The former internet technology manager for St. Paul Employees Postal CU admitted Monday that he cheated a computer parts manufacturer out of nearly $400,000 by selling on the Internet replacement computer parts that he falsely obtained from the credit union.
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WILKES BARRE, Penn. – Hundreds of credit union volunteers were calling voters and knocking on doors yesterday in a last-minute push to rescue their embattled congressional champion, Democrat Paul Kanjorski, in the tightest race of his 26-year congressional career.
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WASHINGTON – If the Republicans win back control of the House of Representatives in today’s elections, as is widely expected, credit unions can expect a more temperate climate on Capitol Hill, even efforts to roll back some of the financial reforms enacted by an activist Democratic Congress the past two years.
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MADISON, Wis. – Credit union lending declined again last month – for the ninth time in the past 12 months – and is on pace for a full-year contraction for the first time in 30 years, since the recession of 1980, according to CUNA.
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LAS VEGAS-Branches are evolving as consumers' desires and expectations change, and despite reports to the contrary, remain important to consumers and the financial institutions looking to capture them.
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LAS VEGAS-Credit Union Journal asked six bankers at BAI's Retail Delivery Show how they viewed CUs as competitors in their local market, and the responses ran the gamut from "fierce competitors" to friendly non-rivals to being dismissed entirely.
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WALL STREET-Pent-up demand for new issuance made for strong investor demand for the newly issued NCUA Guaranteed Notes (NGNs), a debt offering that is part of the agency's plan to restructure the corporate credit union system.
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ONTARIO, Calif.-The Corporate Realignment Task Force has been expanded to 12 individuals from eight Western states.
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TALLAHASSEE, Fla.-Southeast Corporate said its members are saving when sending International Foreign Currency (FX) wires rather than International U.S. Dollar (USD) wires, as are wire beneficiaries.
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NASHVILLE, Tenn.-Volunteer Corporate CU has formed a partnership with Sallie Mae to offer the Smart Option Student Loan program to member CUs.
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LOS ANGELES-CheckAlt Payment Solutions currently has more than 100 credit union clients, and it believes the shakeout in the corporate CU network will open the door for many more to follow.
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DES MOINES, Iowa-The credit union community has now had more than a month to digest NCUA's conservatorship of three more corporate CUs, the agency's legacy asset disposal plan, and its new rules for corporates moving forward.
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RIVERWOODS, Ill.-A new study finds consumers who belong to credit unions have a more positive view of their personal finances than consumers who do not.
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ONTARIO, Calif.-The new president of the California and Nevada CU Leagues sees payment processing and not becoming dependent upon banks again as the key issues as the corporate CU market takes shape.
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SAN BERNARDINO, Calif.-Gregg Stockdale, CEO of the $35-million 1st Valley CU, contends small credit unions are "alive and well."
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MADISON, Wis.-Credit unions should be taking note of Walmart's plans for retail financials services in the U.S. and Canada, according to a new report from the Filene Research Institute.
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WASHINGTON-Credit unions are reporting that the growing costs of the corporate bailout and National CU Share Insurance Fund assessments are continuing to weigh heavily on their bottom lines, wiping out large portions of net income earned in the first three quarters of the year, and even threatening the recovery of several troubled institutions.
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