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  • Compliance
    CFPB Finalizes Remittance Rules

    WASHINGTON — The Consumer Financial Protection Bureau has finalized revisions to its international money transfer rule that will provide certain remittances with a longer exemption.

    August 25
  • CUJ content
    Magill To Leave CUNA

    John Magill, CUNA executive vice president for government affairs and special assistant to the president, will leave the trade association September 5.

    By Ray Birch
    August 25
  • Compliance
    75 CUs File Second Quarter Call Report Late

    Despite NCUA handing out of $57,750 in penalties to late Q1 Call Report filers, 75 federally insured CUs have filed their Q2 report late, the agency reported Monday.

    By Ray Birch
    August 25
  • CUJ content
    Wracked By Fraud, Wilkes-Barre City FCU Attempts To Reassure Members

    In an effort to reassure members it's stable, Wilkes-Barre City Employees FCU plans to name a new chief executive within the next month and has already created new policies to prevent people from taking out fraudulent loans.

    By Ray Birch
    August 25
  • CUJ content
    Community Photos: August 25, 2014

    Start your weekend off right with an advance peek of next week's Credit Union Journal's Community News photo slideshow. Enjoy!

    August 24
    p18vv615fj177m1nnk2r1cbbh2jn.jpg
  • CUJ content
    CUs Plunge Into 'Ice Bucket Challenge'

    With LeBron James, President George W. Bush and millions of others getting in on the "Ice Bucket Challenge" to raise money and awareness for ALS, credit unions couldn't be far behind. CUs nationwide have embraced the late-summer fad. Here are just a few examples of CUs around the country finding new ways of people helping people.

    August 22
    p18vvgjdcs15if1t3g7tp16201g3p6.jpg
  • Virginia
    NCUA Issues Cease And Desist Order To Former Texans CEO

    ALEXANDRIA, Va. — NCUA Friday issued a cease and desist order to David Addison, formerly the chief executive of Texans Credit Union.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 22
  • Lending
    CFPB Picks 12 Companies For Mortgage Closing Study

    WASHINGTON — The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry — including two credit unions — for a pilot program looking at whether electronic fillings can improve the mortgage closing process.

    Rachel Witkowski 092524
    By Rachel Witkowski
    Tech reporter
    August 22
  • Pennsylvania
    Five WBCECU Members Charged With Fraud

    WILKES-BARRE, Pa. — Five members of Wilkes-Barre City Employees FCU, including one employee, were charged Thursday with conspiracy and bank fraud related to an elaborate scheme to obtain loans with false collateral and stolen identities.

    By Ray Birch
    August 22
  • Lending
    Mortgage CUSO Symbionce Makes Inc. 500/5000

    EAST HANOVER, N.J. — Symbionce Financial Solutions LLC, a credit union service organization that offers mortgage services to CUs, on Thursday was ranked number 945 on Inc.magazine's eighth annual Inc. 500|5000.

    By Michael Bartlett
    August 21
  • Technology
    Twitter Scales Back 'Promoted Post' Rules For FIs, But CUs Still Wary

    LAWRENCEVILLE, Ga. — Twitter Inc. has dialed back a rule implemented late last year that restricted how financial institutions could promote themselves on the site, but some credit unions are still unsure as to what those changes mean in terms of how effective the social-networking site can ultimately be for CUs.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 21
  • Lending
    CFPB's Proposed HMDA Changes Are Latest Compliance Challenge

    LAGUNA HILLS, Calif. — As if credit union mortgage lenders did not have enough to contend with already, the Consumer Financial Protection Bureau has proposed numerous changes to the way home loan data will be collected — and possibly reported publicly.

    By Michael Bartlett
    August 21
  • Performance reports
    CUs Believe They Have Interest Rate Risk Under Control: Survey

    ARLINGTON, Va. — NCUA has been stressing to credit unions for well over a year that they must pay attention to interest rate risk with rising rates on the horizon.

    By Ray Birch
    August 21
  • Michigan
    Worth Noting: A Round-Up Of News From The CU Movement

    From mergers and retirements to special programs being offered, CU Journal offers a quick look at the latest news from credit unions across the country.

    By Caitlin Mollison
    August 21
  • Growth strategies
    CUs with Building and Family Ties Plan to Merge

    Two credit unions that share the same building-and a family connection-plan to merge.

    By Ray Birch
    August 21
  • Technology
    NCUA Shares Cybersecurity Top 10 List

    With NCUA focusing on cybersecurity at credit unions, the agency has outlined key areas on which examiners will focus when analyzing a CU's fraud defense.

    By Ray Birch
    August 21
  • Lending
    TransUnion: Mortgage Delinquencies Down Nearly 20% Year-Over-Year

    CHICAGO — Mortgage delinquency rates declined by nearly 20% to a national rate of 3.46% in the second quarter from a year earlier, according to a report from TransUnion LLC.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 20
  • Missouri
    Alliance CU Hits Ferguson Streets With 0% Loan Offers

    FERGUSON, Mo. — Staff from Alliance Credit Union are out Wednesday in this troubled city, walking through debris left behind by Tuesday night's chaos, asking business owners if they need a 0% loan.

    By Ray Birch
    August 20
  • Illinois
    Credit Union Overdraft Fees Continue To Climb, Moebs Study Shows

    LAKE BLUFF, Ill. — Credit unions continue to inch closer to what banks are charging for overdrafts.

    By Ray Birch
    August 20
  • Growth strategies
    State Regulator Approves FCCU Purchase Of Bank Office

    TAMPA, Fla. — The Florida Office of Financial Regulation has approved Florida Central Credit Union's bid to purchase a branch of First Federal Bank of Florida, the CU said.

    By Ray Birch
    August 20
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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