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Third Party Mobile Wallets Preferred: Celent Report

CU Times - Fri, 01/29/2016 - 1:29pm
Most participants recognize the importance of digital payments, but invest only to stay on par with the competition.
Categories: Credit Union News

Credit Union Sued Again for Racial Discrimination

CU Times - Fri, 01/29/2016 - 11:55am
Former HR manager claims the $106M Plus4 CU discriminated against black employees. Plus4 was sued twice before, but won and had the cases dismissed.
Categories: Credit Union News

CFPB Faces Court Date After Lender Fights Fine

CU Times - Thu, 01/28/2016 - 8:37pm
PHH Corp. calls Director Cordray's authority into question for overriding a judge's decision.
Categories: Credit Union News

GTE Financial CEO on Leave Pending Board Review

CU Times - Thu, 01/28/2016 - 12:53pm
The review, which the credit union says it is not related to financial wrongdoing, prompts a leave of absence for Joe Brancucci.
Categories: Credit Union News

Personal Loans Grow by 18% in Two Years: TransUnion

CU Times - Thu, 01/28/2016 - 11:53am
New report forecasts personal loan balance increases and stable delinquencies in 2016.
Categories: Credit Union News

Wendy's Investigates Card Breach Claims

CU Times - Thu, 01/28/2016 - 10:24am
A credit card breach probe begins after financial institutions report potential fraud at the fast food chain.
Categories: Credit Union News

Blockchain: Weighing the Pros and Cons

CU Times - Wed, 01/27/2016 - 9:14pm
While some praise blockchain technology’s potential to bring transparency to online transactions, others fear its ties to bitcoin.
Categories: Credit Union News

CUNA Mutual Group Funds Generation Z Tour

CU Times - Wed, 01/27/2016 - 8:14pm
The youngest group of potential credit union members will learn how to manage money at fairs hosted by the Foundation.
Categories: Credit Union News

Credit Unions Welcome New Employees

CU Times - Wed, 01/27/2016 - 7:14pm
This week’s people news includes new hires and promotions at cooperatives – and one CUSO – in every region.
Categories: Credit Union News

22 Credit Unions Penalized for Late Call Reports

CU Times - Wed, 01/27/2016 - 2:12pm
The number of credit unions filing late reports in Q3 2015 increases by 12 compared to Q2 2015.
Categories: Credit Union News

Libor Brokers Acquitted by London Jury

CU Times - Wed, 01/27/2016 - 1:40pm
Five former brokers are off the hook after being accused of rigging Libor to benefit convicted trader Tom Hayes.
Categories: Credit Union News

5 Payments Trends Credit Unions Should Watch

CU Times - Wed, 01/27/2016 - 11:24am
Expect a mobile wallet fallout, more same-day payments and EMV headaches this year.
Categories: Credit Union News

Pima FCU Hit by Cashier’s Check Scam

CU Times - Wed, 01/27/2016 - 11:03am
Scammers use Craigslist and fake credit union cashier’s checks to dupe consumers nationwide and pocket at least $117,000.
Categories: Credit Union News

8 Ex-NFL Stars Worth a Fortune

CU Times - Tue, 01/26/2016 - 8:45pm
Find out which former football stars are hanging onto – and even growing – their nest eggs.
Categories: Credit Union News

Fed Rate Expected to Hold Steady

CU Times - Tue, 01/26/2016 - 7:56pm
CUNA and NAFCU economists explain why they think the FOMC won't raise the Fed funds target rate this month.
Categories: Credit Union News

Credit Union Loan Growth Remains Strong

CU Times - Tue, 01/26/2016 - 4:52pm
CUNA Mutual Group reports HELOCs, unsecured personal loans and new auto loans drove growth in 2015.
Categories: Credit Union News

NSCCU Grows Loan Portfolio by 20%

CU Times - Tue, 01/26/2016 - 11:40am
Small Iowa credit union sees a delinquency rate decline while surpassing its peers in loan growth by 6.5%.
Categories: Credit Union News

Mobile Payments Bring Consumer Fears: Pew

CU Times - Tue, 01/26/2016 - 11:21am
Despite lingering security concerns, researchers find mobile payments are a viable option for the unbanked.
Categories: Credit Union News

Technology Eases Pot Banking Pain

CU Times - Mon, 01/25/2016 - 7:58pm
The new platform Hypur, a compliance tool for cash-intensive businesses, could help CUs serve the marijuana industry.
Categories: Credit Union News

CUSO Registry Goes Live Feb. 1

CU Times - Mon, 01/25/2016 - 2:49pm
The 60-day registration period includes a free webinar to address questions about the program.
Categories: Credit Union News


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