WESTBURY, N.Y. – Nassau Financial Federal Credit Union on Tuesday said John DeCelle will be its next president and CEO beginning Feb. 22, succeeding Frank Cordano, who will retire on Feb. 26 after more than 20 years with the $395 million CU.

Michigan State University Federal Credit Union in East Lansing, Mich., has reached $3 billion in assets.

A Federal Reserve task force issues criteria for faster payments initiative, part of the long road to build a framework to securely accommodate near real-time processing for digital commerce.

While most federal financial regulators use enforcement actions as a way to shape industry practices, the Consumer Financial Protection Bureau is taking that to a whole other level, frequently using orders as a substitute for new rules or guidelines.

Two credit unions invest in business lending talent and more CU professionals in the news.

DES MOINES – Payments processor TMG (formerly known as The Members Group) on Monday said its card-issuing partners grew their credit and debit portfolios by 15% in 2015.

As promised back in December, the CUNA board has revisited its bylaws — including the requirement that credit unions belong to both the national association and their respective state leagues — and is sending the amended bylaws to a membership vote.

WASHINGTON — Key Democratic lawmakers are urging the Department of Housing and Urban Development to tighten its program for selling nonperforming guaranteed loans to ensure servicers have exhausted all loss mitigation options before the loans are sold to private investors.

It's easier than ever for consumers to take out personal loans to pay down high-cost debt or fund big-ticket purchases, and two new studies show that they are taking full advantage of their options.

NEW BRIGHTON, Minn. – CU Companies on Monday said it finished 2015 with “significant growth” in its mortgage lending partnerships.

State financial institution regulatory agencies in Idaho and Vermont have been approved for reaccreditation by the National Association of State Credit Union Supervisors (NASCUS) and the Conference of State Banking Supervisors (CSBS), in the wake of recent reviews, NASCUS announced.

Pentagon Federal Credit Union in Alexandria, Va., has merged with Fort Gordon and Community Credit Union in Augusta, Ga.

United Nations Federal Credit Union in New York has tapped Fiserv to be its core processor.

Two credit unions that suffered terribly during the recession – One Nevada CU and Silver State Schools CU – continued their rebound with superb numbers in 2015.

BURNSVILLE, Minn.-- US Federal Credit Union plans to change its name to Firefly Credit Union in March.

ALEXANDRIA, Va. – The National Credit Union Administration said it issued six orders in January prohibiting the following persons from participating in the affairs of any federally insured financial institution:

How data mining and predictive analytics helped credit union make ‘impressive gains’ in improved decision-making, segmentation, pricing, financial forecasting, marketing and more.

MONETT, Mo. — Financial services technology provider Jack Henry & Associates Inc., along with its Symitar division, are joint recipients of the Business Partner of the Year Award from Member Driven Technologies.

Outsourcing has allowed CUs to offer broader services and improve convenience, but it also adds a complex risk dimension for credit unions to manage.

By selling its community banking products to Fiserv, ACI has signaled it is no longer interested is no longer interested in that space. Fiserv, meanwhile, is beefing up its small-institution offerings.