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Credit Union News

Credit Unions Reject Maryland Housing Program

CU Times - Thu, 02/19/2015 - 11:00pm
The Maryland Department of Housing and Community Development can't give downpayment money away to credit unions.
Categories: Credit Union News

Lender Met Compliance Standards: ICUL

CU Times - Thu, 02/19/2015 - 11:00pm
Sean Hession, president/CEO of the Illinois Credit Union League, said the organization did not realize Continental Finance Co. LLC., a credit card issuer partner, was engaged in illegal practices that led to the issuance of a hefty CFPB fine.
Categories: Credit Union News

New York Proposes Zombie Property Bill

CU Times - Thu, 02/19/2015 - 11:00pm
New York Attorney General Eric Schneiderman said he will propose a bill that would regulate how the state's mortgage lenders treat property during the foreclosure process.
Categories: Credit Union News

Shelby Waffles on CU Tax Exemption

CU Times - Thu, 02/19/2015 - 11:00pm
Sen. Richard Shelby (R-Ala.), chairman of the Senate Banking, House and Urban Affairs Committee, declined to specify whether or not he supports keeping the credit union tax exemption in place as part of a tax reform package.
Categories: Credit Union News

America's Credit Union Museum Receives $1M CUNA Donation

CU Times - Thu, 02/19/2015 - 11:00pm
CUNA has pledged $1 million to become the lead sponsor of a $3.3 million legacy capital campaign to expand America's Credit Union Museum in Manchester, N.H.
Categories: Credit Union News

Tatum Creates Sales Culture Staffers Can Embrace

CU Times - Thu, 02/19/2015 - 11:00pm
Sale has never been a dirty word to John Tatum, vice president of strategic lending at Pegasus Community Credit Union in Dallas.
Categories: Credit Union News

Greater Nevada's Community Connection Pays Off

CU Times - Thu, 02/19/2015 - 9:57pm
CEO of the $516M credit union shares how innovative programs and community involvement rebuilt Carson City and cooperative.
Categories: Credit Union News

Iowa Credit Union Helps Nab Card Scammers

CU Times - Thu, 02/19/2015 - 6:14pm
California duo use accomplices and fake toll-free numbers in cash advance scheme.
Categories: Credit Union News

California Credit Unions Plan July Merger

CU Times - Thu, 02/19/2015 - 5:50pm
Consolidation of Altura CU and Visterra CU to create Golden State’s 37th billion dollar cooperative.
Categories: Credit Union News

Credit Unions Cash In on Improving Economy: Callahan

CU Times - Thu, 02/19/2015 - 5:12pm
The industry's fourth quarter 2014 financials reflect a booming U.S. economy, according to Callahan & Associates.
Categories: Credit Union News

SunCorp Members Agree to Alloya Merger

CU Times - Thu, 02/19/2015 - 4:01pm
First announced in July 2014, the merger will become effective Feb. 28.
Categories: Credit Union News

Auto Loan Balances Reach $886B

CU Times - Thu, 02/19/2015 - 3:56pm
Experian reports in 2014, consumers had the highest balances on record.
Categories: Credit Union News

NCUA Approves Small CU Threshold Proposal: Onsite Coverage

CU Times - Thu, 02/19/2015 - 9:58am
ALEXANDRIA, Va. – Proposal raises definition of a small credit union to assets less than $100 million.
Categories: Credit Union News

Buckeye Community FCU to Buy Bank Branch

CU Times - Thu, 02/19/2015 - 9:14am
The $71.3M cooperative agrees to buy community bank branch in Florida.
Categories: Credit Union News

Metsger Warns Federal Charter Is ‘Devalued’

CU Times - Thu, 02/19/2015 - 8:32am
NCUA vice chairman says interpretations are dated and no longer represent the financial marketplace.
Categories: Credit Union News

NCUA Touts Clean Audits

CU Times - Thu, 02/19/2015 - 8:16am
Four permanent funds receive clean audit opinions from KPMG LLP.
Categories: Credit Union News

CU leaders bring 'robust agenda' to CUNA GAC Hill visits

CUNA News Now - Thu, 02/19/2015 - 4:44am
Nearly 5,000 credit union leaders will bring a robust agenda to members of the U.S. Congress and other policymakers at CUNA's upcoming Governmental Affairs Conference, says CUNA Chief Advocacy Officer Ryan Donovan.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

CUNA pledges $1M to support America's CU Museum's expansion

CUNA News Now - Thu, 02/19/2015 - 4:44am
With a pledge of $1 million, CUNA is now a lead sponsor of the America's Credit Union Museum Legacy Capital Campaign--an effort to preserve and enrich the history of the credit union system.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

Reg reform for CUs, small banks a priority: Neugebauer in PoliticoPro

CUNA News Now - Thu, 02/19/2015 - 4:44am
Citing the unintended consequences after the U.S. Congress "threw this big blanket over the entire financial market," Rep. Randy Neugebauer (R-Texas) says regulatory reform is among his top priorities for the 114th Congress.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

Nussle welcomes first new FCU of 2015: NYC's The Finest FCU

CUNA News Now - Thu, 02/19/2015 - 4:44am
The first new federal credit union charter of 2015 is The Finest FCU of New York City, the National Credit Union Administration announced Wednesday.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

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