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LARGO, Md.-Money One FCU here looks differently at disaster recovery these days: the $99-million CU is focused on serving the member during a disaster, not simply recovering systems afterwards.
July 26 -
CHICAGO-The Federal Reserve is projecting a slow, moderate economic recovery, and credit union economists see no reason to disagree.
July 26 -
VERNON HILLS, Ill.-Baxter CU's efforts to push offline Puerto Rican members to mobile banking are spot on, according to recent research by Fiserv. Members who don't use Internet banking are costly to serve, said the research, "Mobile Banking Among Offline Consumers."
July 26 -
JERSEY CITY, N.J.-Interest in mobile business banking is growing, fraud monitoring is biggest challenge in payment processing and the usefulness of social networking in business banking remains undecided.
July 26 -
NEWARK, N.J.-As state prosecutors released more information on the fatal shooting of Credit Union of Atlanta CEO DeFarra "Dean" Gaymon, his family called for a federal probe into the incident.
July 26 -
NEW YORK-McGraw-Hill FCU was featured in a financial makeover segment on ABC's "Good Morning, America" last week.
July 26 -
BATON ROUGE, La.-An automatic alert helped Neighbors FCU here catch a check kiter in the middle of a $145,000 scheme last year.
July 26 -
NAPANOCH, N.Y.-Eastern New York FCU here is grabbing about 15 loans per month from competitors thanks to a tool that instantly delivers free credit reports and potential rates savings to prospective members at the credit union website.
July 26 -
WASHINGTON-Community banks across the country are lobbying Congress against a proposal to add an increase in the member business loan cap for credit unions to the pending job bill, leaving the long-sought credit union initiative in increasing doubt.
July 26 -
CAMP PENDLETON, Calif.-Mobile banking transactions cost less than transactions at every other channel, according to mobile vendors and analysts, but credit unions that offer mobile banking can't confirm that claim.
July 26 -
CHICAGO-NCUA is concerned many credit unions are not concentrating on the full extent of their concentration risk.
July 26 -
Angela Brown, Gregg Deppong and William Latta were all re-elected to the board of MSU FCU, East Lansing, Mich.
July 26 -
CHICAGO-There is greater concern over what's to come-rather than what's already known-regarding the financial reform legislation signed into law by President Obama last week.
July 26 -
LAS VEGAS-Credit Union Journal asked attendees at the recent 1 Credt Union Conference: How are the assessments affecting your credit union's operations?
July 26 -
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LOS ANGELES-A federal judge agreed to let NCUA assume the role of the plaintiff in a suit against directors and officers of WesCorp FCU, creating a strange case of the federal regulator as both plaintiff and defendant in the case.
July 26 -
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Notes from the road, beginning with the 1 CU Conference in Las Vegas, which was co-sponsored by CUNA and the World Council of Credit Unions, and which hosted 2,800 people from Australia through Zimbabwe.
July 26
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BOYERTOWN, Penn. – Diamond CU has signed an agreement with the Boyertown Area School District to open a branch in the Boyertown Area Senior High School.
July 25 -
ODON, Ind. – Crane FCU announced last week it has agreed to a request from the post commander at nearby Camp Atterbury to add a full-service branch and ATM at the camp’s Muscatatuck Urban Training Center.
July 25
