Vensure Federal Credit Union has sued the NCUA in federal court to prevent the agency from taking control of its operations.
Kinect for Xbox 360, a controller-free, $150 gaming device that allows users to operate their Xbox consoles solely through bodily gestures and voice commands, has made a splash among video game and electronics enthusiasts. But is there a practical application for Kinect outside the gaming world–say, in credit union branches?...
WASHINGTON — If nothing else, card-issuing credit unions should feel assured that an awful lot of intelligent people go to work every single day with no higher priority than helping to keep their card data secure.
It’s been 10 months since the NCUA’s takeover of the once $900 million Arrowhead Credit Union of California, but the efficacy of the conservatorship continues to rankle many in the industry.
To prepare for possible action in Congress on delaying the Federal Reserve’s interchange rule, credit unions redoubled their grassroots efforts on the issue during the recent recess.
The industry debate over term limits for directors surfaced anew last week with Unitus Community CU of Portland, Ore. announcing that it has adopted new guidelines to deal with the sensitive matter.
Top political strategists for CUNA and NAFCU said it is too early to determine what the national political trends will be next year but they are determined to ensure that credit unions have more allies on Capitol Hill who can help further the industry’s agenda.
Credit unions servicing a significant number of mortgages might benefit from a new tool to help determine which mortgage holders were at the highest risk for choosing to default, FICO said.
A small-dollar loan service for directly paying bills will soon be offered by Online Resources Corp. to its customer base of direct billers, including utilities and financial institutions.
A majority of the credit unions around the country that issue cards will soon be able to offer merchant-funded rewards.
As many continue to question the value of social media–whether tweets, friends and video posts on YouTube can actually help credit unions grow–Filene Research Institute has taken a closer look at the topic in a new report, The State of Social Media in Credit Unions: Opportunities and Challenges.
Fort Worth Community Credit Union has helped local women “get their worth on” thanks to Gabby.
Getting New Jersey car dealerships to partner with credit unions for vehicle financing has been a hard nut to crack for some.
The $46 million UCF Federal Credit Union in Orlando, Fla., has committed to being the first credit union to use the new core processing platform from Atlanta-based imaging specialist VSoft Corp.
Alloya is the name chosen by the Members Advisory Council of Members United Bridge for the new corporate they are creating.
The $172 million Mutual Savings Credit Union of Birmingham, Ala., conserved two years ago, shared its turnaround during its annual meeting.
At its recent annual meeting, the $4.2 billion Corporate One Federal Credit Union of Columbus, Ohio revealed two re-elections and one newly elected member to its board of directors.
CommonWealth One Federal Credit Union of Alexandria, Va., is adding mobile Web and text banking with an eye toward boosting services to its younger members.
A new report from Aite Group said biller direct payment adoption continues to grow while competition heats up among vendors of the multi-channel offering.
MY CU Services, a CUSO of Mid-Atlantic Corporate Federal Credit Union, said it will now offer the ProfitStars ACH and payments management solutions to the corporate’s 800 credit union members and other corporates.
Heritage Community Credit Union has promoted Celeste Martinez, former executive vice president/chief operating officer, to president/CEO.
The Golden 1 Credit Union has named Scott Vick senior vice president/chief financial officer.
Allied Solutions LLC said it has bought a Bay Area insurance services provider and made its president a new regional sales vice president for the Indiana-based firm.
A secure, online digital filing cabinet is now being offered to the 9,400 members of the $94 million Oregon Employees Federal Credit Union in Salem.
Regulators are often the center of attention, but lately the NCUA has taken the spotlight. Unfortunately for the agency, it’s been low-hanging fruit.
LAS VEGAS — The common thread running through some of the credit unions that have recently experienced significant lending and operational troubles was the connection those losses had to their CUSO relationships.
LAS VEGAS — Data show that credit unions that have invested in a CUSO have a competitive advantage over those that have not.
LAS VEGAS — If three of the industry-notable CUSOs could go back in time and apply what they know now to what was happening during the pitch-and-launch phase, the lessons would be aplenty.
In late January, the NCUA announced some new rules, and clarified others, applicable to boards of federally chartered credit unions. Everyone is focused on the new NCUA requirements for financial literacy in board members, but some may be overlooking an even more important pronouncement: The NCUA stated that while boards...
This month, I’ll celebrate my birthday, but I’m not sure how much celebrating I’ll do. At 28, I’m back in my hometown in Oregon after two cross-country moves and more than one journalism career blip thanks to the economic downturn.
The March 30 article recounting New Jersey Credit Union League’s Reality Check caught my attention. We can feel disheartened and like our efforts are for naught…or we can seize the opportunity to steer this movement in a new direction.
You do what?' is a common question asked by members when they learn that investment services are available at their credit union.
Come 2012, transparency may take on a new meaning regarding fees retirement plan providers will be required to share.