CUSOs

The credit union service organization's newest chief executive took the helm April 1 and a new name for the company will debut in June.

John Janclaes spent more than 15 years at Partners Federal Credit Union but has moved on to help launch a new credit union service organization from Nymbus.

The 30-day extension comes after the American Bankers Association requested additional time to consider the rule's impact.

The American Bankers Association has requested more time to respond to a proposal that would expand lending authority for credit union service organizations.

In a party-line vote, the agency issued a proposal that would redefine a "complex" credit union.

Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.

Along with the assets-under-management milestone, Michigan Business Connection noted that its partner credit unions have financed more than 1,000 Paycheck Protection Program loans.

Nick Darvill, who is currently president of the credit union service organization, will take over as CEO when Jim Gallagher retires from that position.

CU Service Network has split into two divisions as part of a wider rebranding effort.

Speaking during the CUSO's virtual Member Forum, PSCU CEO Chuck Fagan noted that some data shows the economy may be beginning to rebound from the coronavirus, but some sectors are still struggling.

Jamie York has taken the helm at Neighborhood Mortgage Solutions as CEO Greg Wischmeyer prepares to retire.

For the second time in a week, the National Credit Union Administration has delayed the deadline for public comment on a proposed regulation.

The NACUSO annual gathering and a new event focused on cannabis banking for the industry have both been shuttered.

Prodigy, a fintech focused on mobile solutions for credit unions, has a new CEO in the wake of a retirement.

The deal to create the nation's second-largest wireless network may lead to a revamp of a discount that reportedly drives 250,000 new Sprint customers annually.

The credit union service organization Member Driven Technologies has a laid-back work environment but works hard to translate its internal culture to employees who may be located hundreds of miles from headquarters.

The credit union service organization Member Driven Technologies has a laid-back environment but works hard to translate its internal culture to employees who may be hundreds of miles from headquarters.

The credit union service organization has returned more than $20 million to member-owner institutions each year since at least 2016.

A shifting fraud landscape and changing consumer expectations will play a part in how credit unions allocate resources toward technology in the new year, according to a prediction from the CUSO Member Driven Technologies.

The organization moved forward with a new name in order to maintain brand consistency.