Credit Union Times Magazine January 28, 2015

Featured Story

Front Page News

Focus Report

Editor-in-Chief's Column

Opinions

Letters to the editor

  • Online Experience Up for Grabs

    Let's not forget the growing importance of online banking and bill pay. (CU Times Jan. 14 article, “PSCU's Kelly Sees Promise in ‘Uberfication’ of Payments”).

  • Dangers of Putting Off Mergers

    If a CEO is waiting until his or her retirement to recommend merging their league with another league, then that CEO is self-serving and not putting their member credit unions first. (CU Times Jan. 14 article “Leagues Open to Mergers”)

Regulatory

News

Briefs

  • Credit Union Ousts Staff After Exam

    Claudia A. Rawes, manager/CEO of the $12 million Centra Health Credit Union, and two other employees were placed on administrative leave following a state and federal examination, according to a prepared statement on the credit union's website.

  • FHA Cuts Insurance Premiums 37%

    The Federal Housing Administration will reduce its annual mortgage insurance premium from 1.35% to 0.85%, the White House announced Jan. 7.

  • Children's Credit Union Book Debuts

    Mike Berenstain, heir to the iconic Berenstain Bears franchise, was set to launch his new book The Berenstain Bears Visit the Credit Union at Grace Park Elementary School in Swarthmore, Pa., Jan. 22.

  • PenFed Adds Nearly $1B in 2014

    Pentagon Federal Credit Union celebrated the New Year by adding $963 million in growth, bringing total assets for the Alexandria, Va.-based institution to $17.8 billion.

  • DFCU Financial Delivers Record Dividend

    The $3.7 billion DFCU Financial announced a payment of $24 million to 100,000 of its members.

  • NCUA Board to Live Stream Meetings

    In his prepared remarks for the NCUA's January 15 board meeting, Vice Chairman Rick Metsger said the agency should have the capability to live stream meetings in a couple of months.

People

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