Instead of shuttering poor-performing locations, this Idaho CU is plumbing the demographics of who uses each of its branches to customize each one to the target audience in that particular area.

Credit unions have long paid close attention to managing risk, but identifying, evaluating and mitigating areas of vulnerability can go a long way toward keeping a CU’s data safe and secure.

The Department of Housing and Urban Development is telling lenders that down payment assistance programs still qualify for FHA backing despite concerns raised last year by HUD’s inspector general.

A number of Congressional leaders – including the ranking Democratic member of the House Financial Services Committee -- announced their support Monday for proposed legislation that would increase credit unions’ ability to lend to small businesses.

The Mountain West Credit Union Association said it is purchasing a shared-ownership stake in Ontario, Calif.-based Plexcity for information technology, accounting/finance, and human resource solutions.

Greylock hires new chief risk officer, Inova names a VP of member experience and other CU professionals and volunteers in the news.

RIVERSIDE, Calif. — The credit union movement continues to lose leaders with decades of experience, the latest being Mark Hawkins, who has been president and CEO of what now is known as Altura CU since February 1988. Late Monday, Credit Union Journal learned Hawkins will retire in February 2017.

CO-OP Financial Services announced that Todd Clark will become its new president and CEO, effective June 27, succeeding Stan Hollen, who is retiring.

WASHINGTON — The House passed a bill by a voice vote Monday that will make it easier for mortgage originators to take a new job across state lines or move from a federally regulated bank to a nonbank lending shop.

Georgia Credit Union Affiliates and the Association of British Credit Unions Limited announced last week the formation of a mutual learning partnership among credit unions in Georgia and England, Scotland and Wales.

Though Catholic credit unions face many of the same challenges others do, they also must contend with some concerns that are specific to serving a religious organization, which is what pushed 11 credit unions that all serve Catholic churches to band together.

National Credit Union Administration will host a free webinar next month that examines how credit unions can achieve sustained growth using multi-strategic initiatives.

WASHINGTON — Seven financial trade groups announced Monday that they are banding together to push legislation that would extend bank-like data security standards to retailers and non-bank businesses.

Increasing concerns about data breaches were among the reasons executives at Sebasticook Valley Federal Credit Union decided to undertake a core conversion along with a network update.

Ninety-two percent of homebuyers are reviewing their mortgage documents before closing on the loan since the Truth-in-Lending Act/Real Estate Settlement Procedures Act integrated disclosures, or TRID, went into effect in October, versus 74% previously, a survey by the American Land Title Association found.

Presumptive Democratic nominee Hillary Clinton appears likely to embrace a recent plan to merge Fannie Mae and Freddie Mac into a single government corporation if she wins the White House.

CUs in North Dakota's oil country have to be ready to respond to the ebb and flow of the energy market, with the attendant ebb and flow of members and money and the specter of increased delinquency.

Two recent court rulings affirmed that lenders can enforce electronically signed and transferred notes, laying important groundwork for wider adoption of electronic mortgage technology that could improve the customer experience for borrowers and save lenders and servicers a bundle.

A new Department of Labor rule designed to make more American workers eligible for overtime pay stands to add costs and slow hiring at credit unions and banks while speeding the replacement of human workers with technology, according to the financial industry lobby.

The agency posted its semiannual rulemaking agenda on a blog late Wednesday updating the next steps it will take on several areas of rulemaking. The CFPB expects to issue rules for prepaid reloadable cards, mortgage servicing and mortgage disclosures this summer but set no specific deadlines yet on overdraft and debt collection.