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Credit Union News

Credit Unions Excluded From Senate Reg Relief Bill

CU Times - Wed, 07/29/2015 - 9:10am
Bill would give bank regulators authority to exempt banks from burdensome regs.
Categories: Credit Union News

Consumers Prefer Credit Unions to Payday Lenders

CU Times - Tue, 07/28/2015 - 4:58pm
Pew survey finds 62% of Americans see credit unions positively; one in 10 think highly of payday lenders.
Categories: Credit Union News

NCUA Town Hall Addresses Rules, Fraud and Cybersecurity

CU Times - Tue, 07/28/2015 - 4:31pm
Chairman Debbie Matz and senior staff answer credit union questions during webinar event.
Categories: Credit Union News

Android Stagefright Flaw Puts Users at Risk

CU Times - Tue, 07/28/2015 - 3:17pm
Millions of Android users are susceptible to remote code execution vulnerabilities, mobile security firm reports.
Categories: Credit Union News

NAFCU Report Details New Salary Data

CU Times - Tue, 07/28/2015 - 2:07pm
Salaries spike for credit union managers in San Diego and fall for loan officers in White Plains, N.Y.
Categories: Credit Union News

Boomers Remain Viable Marketing Targets

CU Times - Tue, 07/28/2015 - 12:40pm
Credit unions can retain boomer members by promoting financial education, investment accounts.
Categories: Credit Union News

Bank Bill Seeks Parity With NCUA Authority

CU Times - Tue, 07/28/2015 - 11:34am
A bill added to the financial services appropriation bill would allow bank regulators to exempt small banks from some regs.
Categories: Credit Union News

CO-OP Boasts Leading Social Media Numbers

CU Times - Tue, 07/28/2015 - 11:34am
CUSO’s Twitter account, with 122,000 followers, is the most widely followed in the credit union industry.
Categories: Credit Union News

Credit Union Loan Officer Gets Six Months for Fraud

CU Times - Tue, 07/28/2015 - 11:01am
The embezzlement sentencing for Louisa Gabaldon, an excessive gambler, came after a fierce legal dispute.
Categories: Credit Union News

PSECU Inks Deal With Akcelerant

CU Times - Mon, 07/27/2015 - 5:12pm
Credit union is the 10th to sign up for Akcelerant's lending platform; more than 500 CUs use its collections software.
Categories: Credit Union News

NASCUS Calls for Scrutiny of NCUA OTR Docs

CU Times - Mon, 07/27/2015 - 5:12pm
Newly-released overhead transfer rate documents require public comment, supervisory association affirms.
Categories: Credit Union News

Boomers Require a Full Suite of Services

CU Times - Mon, 07/27/2015 - 2:55pm
Credit union execs warn against putting baby boomers in a box when designing product line-ups.
Categories: Credit Union News

Credit Union Industry Execs Land on Fed Committees

CU Times - Mon, 07/27/2015 - 2:26pm
Thirty-five retail and financial industry players will serve on two Federal Reserve payments task forces.
Categories: Credit Union News

Fiserv Introduces Palm Vein Biometrics

CU Times - Mon, 07/27/2015 - 10:32am
Core processor brings Fujitsu’s PalmSecure technology to its DNA account processing platform.
Categories: Credit Union News

Bankers Press for NCUA Investigation

CU Times - Fri, 07/24/2015 - 4:54pm
Letter to Congress from 53 State Bankers Associations says the NCUA has turned into a CU industry cheerleader.
Categories: Credit Union News

NCUA Removes Fixed Asset Threshold

CU Times - Fri, 07/24/2015 - 2:22pm
ALEXANDRIA, Va. – Unanimous board vote eliminates 5% threshold on FCU investments in fixed assets.
Categories: Credit Union News

Smartwatches Prone to Attacks: Study

CU Times - Fri, 07/24/2015 - 10:53am
HP Fortify finds 10 top smartwatches contain significant vulnerabilities, such poor encryption and privacy issues.
Categories: Credit Union News

Field of Membership: A 25-Year Evolution

CU Times - Thu, 07/23/2015 - 11:00pm
Flashback to what the Credit Union Nation looked like as the world celebrated on New Year's Eve in 1990: There were 12,860 federally insured credit unions, and 7,291 were single common bond cooperatives – 1,240 single associational and 6,051 single occupational charters.
Categories: Credit Union News

DCU Lends Fintech Startups a Helping Hand

CU Times - Thu, 07/23/2015 - 11:00pm
Following its inaugural year, during which it “incubated” four financial sector startup companies in Boston, the DCU Center of Excellence in Financial Services (DCU CoE) has invited seven new fintech startups to participate in its collaborative, educational work environment.
Categories: Credit Union News

Credit Unions Don’t Represent Their Members: Matz

CU Times - Thu, 07/23/2015 - 8:15pm
WASHINGTON - The NCUA chairman creates a stir during a congressional hearing but promises to accept input on the OTR.
Categories: Credit Union News

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