Updated: 8 min 9 sec ago
This week’s people news includes hires, promotions and accolades in every region, plus one CEO retirement.
The number of seriously underwater properties falls from 6.9M to 6.4M in Q4 2015; many are in Florida and Ohio.
An annual merger trend of 200 to 250 is expected to continue despite last year’s drop from 262 to 238.
A Javelin report reveals the EMV transition led new account fraud to double.
Director Cordray says FIs may face bureau action if they do not report accurate account information to credit reporting companies.
Cooperatives see growth of more than 10% for the seventh consecutive quarter in Q4 2015.
Randy Gard Teall makes $83,000 in bad loans for borrowers, including his own business partner and tenant.
Credit union marks 48 straight months of positive earnings after being placed into conservatorship in 2011.
The cost of the new app, available to all CU*Answers credit union clients, is included in the CUSO’s e-commerce fee.
Alabama One stories earn CU Times a finalist spot in the best news coverage category.
Dorothy Stegall Barnes steals $826,000 from Pantex FCU to buy unspecified toys for her late husband.
Member credit unions and leagues will vote on CUNA’s proposal to eliminate the dual membership requirement through mid-March.
Montgomery County CU, which was placed into conservatorship in April 2015, merges into a $52 million institution.
Credit unions struggle to build effective cybersecurity strategies that also satisfy regulatory requirements.
Confusion arises over who is responsible for completing CUSO Registry information online.
Six former credit union employees were banned by the NCUA in January.
As boomers retire and withdraw defined contribution dollars, employers lose negotiation leverage.
Meyer focuses on growth to expand opportunities to make a meaningful difference.
North Star Community CU carves its own path of growth.
Most participants recognize the importance of digital payments, but invest only to stay on par with the competition.