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Between actual monetary losses and reputation risk, the stakes are high when it comes to fraud. CUs should implement a three-pronged approach to protect themselves and their members.
August 14
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Compliance CUSO COMPASS 4 CUs LLC is celebrating its five-year anniversary this month with a modern twist YouTube videos and hashtags.
August 14 -
This year marks the 40th anniversary of Jaws, the movie that shattered box office records, changed the feature business, and spawned the summer movie blockbuster. What does that have to do with banking? Well, much like how Spielberg's giant shark film signaled the end of Hollywood's formulaic monster movie factory, branch transformation is determining which institutions stay in the financial game and which ones become lunch.
August 13
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As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.
August 13 -
CU Direct, a provider of lending, automotive and strategic solutions to the credit union industry headquartered here, on Wednesday said it has entered into a new agreement with Credit Union Leasing of America (CULA).
August 13 -
Credit unions in a number of states have been offering prize-linked accounts for years, but up until recently, banks were unable to follow suit, but with a recent change in law, one small bank is offering a "Jackpot Savings" account.
August 13 -
Burniske wins statewide award and other credit union people in the news.
August 13 -
PSCU on Wednesday announced a partnership with Member Driven Technologies to provide call center support to MDT's roster of credit union clients.
August 13 -
Lending Solutions Inc. reported it set a new record for the number of loan applications processed in July.
August 12 -
DoverPhila Credit Union, a Dover, Oh.-based credit union with more than 35,000 members, has started using CAMS-ii core processing software provided by R.C. Olmstead of Powell, Oh.
August 12 -
As technology becomes even more integral to nearly every aspect of running a credit union, more technology officers are finding themselves taking the reins as CEO. In this first of a series, CU Journal profiles FORUM CU CEO Doug True, who cut his teeth in IT.
August 12 -
Michigan Community CU gives away a favorite summer treat and other great things CUs are doing in their communities.
August 12 -
Credit unions and banks alike are fighting back against a proposal by the Department of Education (ED) that would restrict how universities disburse federal student loan funds, arguing the agency has overstepped its statutory authority.
August 12 -
Genisys Credit Union, which provides services to anyone who lives or works in the Lower Peninsula of Michigan, on Tuesday reported it successfully completed a system conversion to finalize the consolidation of Tri-Pointe Community Credit Union.
August 11 -
Credit Union Journal reminds credit unions that want to participate in the 19th Annual Day in the Life of Credit Unions that today is the last day to submit photos for the project.
August 11 -
Credit unions are growing their mortgages and auto loans at a faster rate than the competition, according to a TransUnion survey.
August 11 -
LOC Federal Credit Union converted its core processing to Symitar Episys via a solution owned by Member Driven Technologies (MDT).
August 11 -
The trade group representing state regulators and state-chartered CUs is pressing NCUA for more details on why the agency believes OTR shouldn't be subject to public notice and comment.
August 11 -
National Youth Involvement Board, Youth Ambassador Contest bestow honors and other CU people in the news.
August 11 -
The Credit Union League of Connecticut (CULCT) has unveiled a new "consumer-focused" brand to increase CU awareness through a new website: www.ctcreditunions.org.
August 10








