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Credit Union News

IOLTA Rule Excludes Prepaid Cards

CU Times - Thu, 12/17/2015 - 12:19pm
Final rule includes insurance coverage for RE escrow accounts, prepaid funeral accounts and escrow similar to lawyers' trust accounts.
Categories: Credit Union News

Telhio Drives Business Lending Via New Core System

CU Times - Thu, 12/17/2015 - 11:57am
Execs provide a behind the scenes look at a core conversion, which they say will help their credit union grow to $1B in assets.
Categories: Credit Union News

CUNA’s Whitfield Hops to the CBA

CU Times - Wed, 12/16/2015 - 7:45pm
Sam Whitfield, deputy chief advocacy officer for CUNA, accepts an executive position at the Consumer Bankers Association.
Categories: Credit Union News

Home Depot to Disclose Settlement Communications

CU Times - Wed, 12/16/2015 - 5:41pm
Attorneys for FIs suing the retailer over a 2014 breach tell their clients to hold off on accepting settlement offers.
Categories: Credit Union News

Heartland Acquired by Global Payments, Inc.

CU Times - Wed, 12/16/2015 - 3:40pm
Deal to purchase Heartland Payment Systems worth approximately $4.3 billion.
Categories: Credit Union News

Fed Rate Hike Brings Relief

CU Times - Wed, 12/16/2015 - 3:30pm
Trades react to the Fed’s long-awaited interest rate raise announcement, which takes effect Dec. 17.
Categories: Credit Union News

Fed Raises Rates 0.25%

CU Times - Wed, 12/16/2015 - 1:41pm
The FedFunds target rate is now 0.25% to 0.50%.
Categories: Credit Union News

NCUA Board to Finalize IOLTA Rule

CU Times - Wed, 12/16/2015 - 11:54am
The agency will also begin collecting comments regarding its EGRPRA-required regulatory review.
Categories: Credit Union News

NCUA Board to Meet Thursday

CU Times - Wed, 12/16/2015 - 11:54am
The agency will discuss the EGRPRA and vote on a final share insurance coverage rule in its final meeting of the year.
Categories: Credit Union News

Phishing Email Targets Pandora Jewelers

CU Times - Wed, 12/16/2015 - 11:12am
Holiday season virtual threats continue as scammers attempt to capture financial information via a fake email ad.
Categories: Credit Union News

Credit Unions Honor, Hire and Promote

CU Times - Tue, 12/15/2015 - 8:05pm
The credit union industry buzzes about retirements, a CFO of the year award winner and numerous new hires this week.
Categories: Credit Union News

Heartland Association Elects Inaugural Board

CU Times - Tue, 12/15/2015 - 4:15pm
Newly-formed Kansas-Missouri league plans to select its first CEO in Q1 2016.
Categories: Credit Union News

McWatters Calls for Exam Appeals Rule

CU Times - Tue, 12/15/2015 - 3:53pm
NCUA board member says the agency has authority to implement Exam Fairness Act provisions.
Categories: Credit Union News

Marijuana Legalization: The HR Response

CU Times - Tue, 12/15/2015 - 1:01pm
In the four states that have legalized recreational marijuana use, 73% of employers have a zero-tolerance policy.
Categories: Credit Union News

FDIC Approves Smaller 2016 Operating Budget

CU Times - Tue, 12/15/2015 - 11:42am
Budget dollars drop by 4.7% for 2016. The FDIC also plans to eliminate 317 positions from its staff.
Categories: Credit Union News

Cashless Payments Grow Worldwide: RBR

CU Times - Tue, 12/15/2015 - 11:09am
A new study reveals while cashless payments rise by 7.6% annually, the use of cash remains relevant.
Categories: Credit Union News


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