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Credit Union News

CUNA Proposal Passes Membership Choice to Leagues

CU Times - Mon, 02/08/2016 - 1:18pm
Restated bylaws allow credit unions to join CUNA without joining a league and removes other dual membership language.
Categories: Credit Union News

Senator Introduces Bill to Kill DOL Fiduciary Rule

CU Times - Mon, 02/08/2016 - 8:53am
The Senate joins the House fight to stop the DOL from changing the definition of fiduciary on retirement advice.
Categories: Credit Union News

Home Sale Gain Hits Eight-Year High

CU Times - Sun, 02/07/2016 - 8:04pm
Annual RealtyTrac report says U.S. median home price gained 10%. Ninety-one percent of MSAs gain value.
Categories: Credit Union News

Technology, Staff Spirit Fuels TCCU Loan Growth

CU Times - Sat, 02/06/2016 - 11:00pm
Travis County CU's loan portfolio grew by 51% in the past five years and a 16% in 2015 alone.
Categories: Credit Union News

Church-Based Credit Union Liquidated

CU Times - Sat, 02/06/2016 - 9:03am
With nearly 23% loan delinquencies, the $163K CTK Credit Union is seized by state regulators.
Categories: Credit Union News

Visa Developer Launch Opens Payment Platform

CU Times - Fri, 02/05/2016 - 11:39am
New platform allows developer access to online and mobile P2P capabilities, accountholder identification and Visa Checkout.
Categories: Credit Union News

Cory Methodist Church CU Conserved

CU Times - Thu, 02/04/2016 - 3:32pm
Regulators determine the Cleveland-area, low-income designated credit union’s practices are unsafe and unsound.
Categories: Credit Union News

Montauk Credit Union on the Merger Block

CU Times - Thu, 02/04/2016 - 12:03pm
Sources say regulators are soliciting merger bids for the conserved credit union, which served the taxi medallion industry.
Categories: Credit Union News

Landry’s Reveals Breach Timeframes, Locations

CU Times - Thu, 02/04/2016 - 11:17am
Restaurant and casino company says cards may have been compromised at more than 45 locations over nearly two years.
Categories: Credit Union News

Retirement Plans Not Driving People to Retire

CU Times - Wed, 02/03/2016 - 6:21pm
Recent retirees cite workplace disengagement, eligibility for Social Security as reasons why they took the plunge.
Categories: Credit Union News

Credit Union Executives Make Moves

CU Times - Wed, 02/03/2016 - 6:03pm
This week’s people news includes hires, promotions and accolades in every region, plus one CEO retirement.
Categories: Credit Union News

Underwater Property Numbers Fall: RealtyTrac

CU Times - Wed, 02/03/2016 - 3:36pm
The number of seriously underwater properties falls from 6.9M to 6.4M in Q4 2015; many are in Florida and Ohio.
Categories: Credit Union News

Credit Union Mergers Decline in 2015

CU Times - Wed, 02/03/2016 - 3:18pm
An annual merger trend of 200 to 250 is expected to continue despite last year’s drop from 262 to 238.
Categories: Credit Union News

4 Top Data Breach Trends

CU Times - Wed, 02/03/2016 - 2:59pm
A Javelin report reveals the EMV transition led new account fraud to double.
Categories: Credit Union News

CFPB to Credit Unions: Checking Reporting on Our Radar

CU Times - Wed, 02/03/2016 - 11:46am
Director Cordray says FIs may face bureau action if they do not report accurate account information to credit reporting companies.
Categories: Credit Union News

Credit Unions Report Double-Digit Loan Growth: Callahan

CU Times - Tue, 02/02/2016 - 7:15pm
Cooperatives see growth of more than 10% for the seventh consecutive quarter in Q4 2015.
Categories: Credit Union News

Global CU Exec Sentenced for Loan Fraud

CU Times - Tue, 02/02/2016 - 6:55pm
Randy Gard Teall makes $83,000 in bad loans for borrowers, including his own business partner and tenant.
Categories: Credit Union News

Conserved Texans Credit Union Sees Continued Growth

CU Times - Tue, 02/02/2016 - 4:36pm
Credit union marks 48 straight months of positive earnings after being placed into conservatorship in 2011.
Categories: Credit Union News

CU*Answers Announces Free Mobile Banking App

CU Times - Tue, 02/02/2016 - 2:39pm
The cost of the new app, available to all CU*Answers credit union clients, is included in the CUSO’s e-commerce fee.
Categories: Credit Union News

CU Times Named Neal Award Finalist

CU Times - Tue, 02/02/2016 - 1:05pm
Alabama One stories earn CU Times a finalist spot in the best news coverage category.
Categories: Credit Union News


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