The Illinois Credit Union League (ICUL) and its CUSO subsidiary, ICUL Service Corp. (LSC), said they have named Tom Kane as president and CEO, effective immediately.

One credit union industry insider has two more compliance issues high on her radar right now: overdraft practices and the Bank Security Act.

High school graduation is both a rite of spring and a rite of passage — but it's also a key time to be reaching out to these new adults, many of whom will be opening their first checking account. Learn how three credit unions are using everything from sweet treats to sarcasm to appeal to the next generation of credit union members.

As credit unions are scrambling to be ready for the Aug. 1 implementation of the new TILA/RESPA disclosures, they're also bracing for the next compliance storm headed their way: new HMDA data collection requirements.

It’s easy for credit unions to shrug off things that appear to only affect banks, such as Operation Choke Point, Too Big to Fail, and others, but given what recent history has taught us about the dangers of the trickle-down effect, here’s why the industry can't afford to ignore some of these banker headaches.

Department of Housing and Urban Development Secretary Julian Castro touted the Federal Housing Administration's recent improvement on Thursday, saying it was on a trajectory to hit its statutory capital minimum and had recently seen a "significant uptick in refinancings."

The $65 million-asset ADP Federal Credit Union in Roseland, N.J., and the $28 million-asset Members Credit Union in Cos Cob, Conn., both have implemented the GrooveCar Direct product.

After rumors had been flying that the agency was looking to craft a new member business lending rule, NCUA's Debbie Matz confirmed an MBL proposal will be on the agenda for the regulator's June 18 board meeting. Meanwhile, experts outline what they see as some of the top compliance concerns for CUs right now.

Mobile banking has virtually hopscotched here with members having instant, face-to-face access to Xceed Financial Credit Union associates via a smart phone, laptop or desktop computer.

Given the small number of CUs cited and the fact none were actually accused of any wrongdoing, it would be easy to shrug off the recent ruckus about FinCEN's report on potential anti-money laundering problems at credit unions. But that would be a mistake.

Elevations CU promotes two, Nebraska CU League gets new chairman, and more.

The Spanish-language TV channel Univision has launched a new online small-business lending platform.

The digital age has transformed how credit unions conduct business. With 24/7 access from almost anywhere in the world, customers can complete all types of transactions through a variety of devices. It has never been easier to pay bills online, apply for a loan, set up a retirement plan, check an account balance, or receive financial advice; however, such progress and convenience often come at a price.

CHICAGO — The Chicago Patrolmen's Federal Credit Union has added about 1,600 new members so far this year — but many of them are not from the Windy City, or even anywhere in Illinois.

The National Credit Union Foundation will host a conversation on Twitter to help credit unions implement financial-wellness programs for their own employees.

More than a dozen housing groups joined with the credit union trade association to urge lawmakers to pass legislation that would grant lenders a formal grace period for implementing new disclosure forms later this summer, arguing that the industry needs greater certainty than the Consumer Financial Protection Bureau has so far provided.

Credit unions are bracing themselves for a major storm on Aug. 1. That's when the new RESPA-TILA Integrated Mortgage Disclosures Rule goes into effect, ushering in a complete change to the disclosure forms sent to borrowers as they close their mortgages.

Nearly a year after they first announced their intention to combine, the Home Loan Banks of Des Moines and Seattle completed last week the first voluntary merger in the system's history.

Both parties have now put their stamps on competing regulatory relief bills, but the success or failure of reform legislation this year still likely rests in the hands of moderate Democrats.

When a millennial enters your CU, are they likely to see someone who likes them sitting in the corner office? They do at Shell Geismar FCU, but that's not the only thing the credit union has going for it when it reaches out to the youth market — a recent core conversion is also powering the effort.