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Card Services For Credit Unions, Clearwater, Fla., named Michael Chenderlin to its portfolio consulting services department.
April 6 -
WASHINGTON-While credit unions have until now fended off efforts to bring them under the Community Reinvestment Act before, a bill introduced in the House is expected to pose a much bigger obstacle.
April 6 -
WASHINGTON-Representatives of CUNA and NAFCU were lobbying lawmakers last week to limit the potential impact of the mortgage cramdown bill.
April 6 -
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PLEASANTON, Calif.-Ellie Mae, a provider of loan processing software for mortgages, reported that during the first full week of 2009 the company saw a record number of new mortgage applications originated through its Encompass Mortgage Management Solution and its ePASS Network. On Jan. 6 and 7, 30,500 new loan applications passed through the Encompass LOS each day.
April 6 -
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Bellevue, Neb.-SAC Federal Credit Union has rebranded itself with a new logo just as it prepares to add new branches, services and employees.
April 6 -
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LANSING, Mich.-Michigan's state regulator, the Office of Insurance and Financial Regulation, last week was working to shut down a bogus credit union website. The site, at www.communalcreditunion.com, purported to be that of a Dearborn-based Communal Credit Union, although the address listed does not exist. The site, which included "testimonials" from "members," urged consumers to refinance loans and home mortgages. Two consumers who alerted the regulator to the bogus site said they had been asked to provide financial information, including pay stubs, Social Security Numbers and more.
April 6 -
MT. KILMANJARO, Tanzania-With the backing of United Nations FCU, many in the group seeking to reach the summit of Mt. Kilmanjaro, Africa's highest point, did so last week.
April 6 -
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RIVERSIDE, Calif.-Auto Expert has partnered with two Southern California CUs to provide members with auto-locating and buying services.
April 6 -
ONTARIO, Calif.-CUDL and Prime Alliance have announced the line-up of speakers for the new Auto/Mortgage Lending Symposium, May 12-15 in Las Vegas.
April 6 -
ATLANTA-Delta Community CU will open its 18th metro Atlanta branch on March 19 in Duluth. Gwinnett County residents who come to the grand opening will get a shot to win an $1,100 vacation voucher. On March 21, parents are invited to bring children to the new branch for a special family day celebration where the first 100 kids will get $50 in their Delta Community CU Sandy Savers account. Also, the branch will host a drawing for a night out at the Gwinnett Braves for the winner and 19 guests.
April 6 -
DES MOINES-A state stimulus bill includes $250,000 to be used as matching funds for nine CUs to develop individual development accounts.
April 6 -
MADISON, Wis.-CUNA Mutual Group reported that losses on its investments created a fiscal-year loss of $148.9 million for 2008.
April 6 -
MADISON, Wis.-Summit CU donated almost $100,000 to the nearby Sun Prairie Area School District to get the naming rights to the new high school baseball field at the new high school under construction and set to open in the fall of 2010.
April 6 -
Redwood CU, Santa Rosa, Calif., named Sean Anderson manager of auto services.
April 6