Of the litany of regulations coming around the bend within the retail investment space, financial advisers said they are most concerned about the fiduciary standard and additional disclosure rules.
Kanjorski (D-Pa.), one of the strongest champions of credit unions on Capitol Hill, is trailing his GOP challenger Lou Barletta, who is making his third attempt to oust the veteran lawmaker.
The news that some large banks have been cutting corners on the foreclosure process will most likely keep the U.S. housing and mortgage markets from recovering as quickly they could, according to housing and mortgage experts.
Ending a processing period that lasted eight months, the NCUA has approved the nation's biggest interstate merger, the $4.6 billion consolidation of First Tech Credit Union, Beaverton, Ore., and Addison Avenue FCU of Palo Alto, Calif.
That's according to people who make their living helping credit unions and other financial institutions accommodate new technologies and the compliance challenges that come along with them, as well as shape the rules themselves.
A Minnesota based national bank has challenged the constitutionality of the law that would, for the first time, regulate debit card interchange.
The industry's campaign to keep a lid on "credit union bailout" headlines expanded last week with a TV cable show, more online messaging and release of FoolProof literacy packets to more than 1,100 high schools.
While credit unions are digesting the new corporate credit rules, the NCUA is preparing to release a new one that will address revenue issues.
Credit unions seeking higher profiles in their local communities are increasingly starting their own foundations as ways to do well by doing good.
Fynanz Inc., a financial technology company that develops customized private student lending solutions and powers the cuStudentLoans.org private student loan marketplace,
The $4 billion Alaska USA Federal Credit Union is making good on its West Coast expansion strategy this month with the merger of a small but failed Seattle CU.
NCUA Chairman Debbie Matz, speaking to Texas credit union leaders as part of the agency's town hall series last week, reaffirmed an agency pledge to honor expiring service contracts
Several years ago the Fairfax, Va.-based institution decided to refocus on its roots in education. While many credit unions have adopted community charters in order to grow membership and
Members in the Newtown branch are primarily young families concerned about building savings for their children's college education, while those in Innerburb tend to be empty nesters interested in boosting their retirement savings.
Philadelphia Federal Credit Union staffers once again have grown green by planting vegetables and herbs in the PFCU Garden.
Count American Heritage Federal Credit Union as the latest credit union opting to go green with iPads.
As the nation's budget deficit continues to grow, the government may be looking for new sources of revenue. Therefore, formerly sacred cows such as credit unions' tax-exempt status may go the way of VCRs and rotary phones.
The short- and medium-term outlook for the U.S. real estate and mortgage markets would probably confound Nostradamus. Have home prices bottomed out?
Debit interchange and overdrafts are still expected to be the top noninterest income drivers for credit unions, despite changes being made to both sources.
Credit unions shouldn't have to use the phrase "total overdraft fees," on their statements when describing how much a member has to pay for overdrafts, CUNA and NAFCU told the NCUA.
More proof has rolled in that foreclosed property sales are making up a steadily growing percentage of the U.S. real estate market.
Attorneys General in Connecticut, Illinois and Ohio have signaled their interest in looking into how large mortgage holders and servicers have been managing delinquent mortgages through foreclosure or modification.
Mortgagebot LLC, a leading online mortgage shopping service, said a recent consumer survey has confirmed that its Mortgage Marvel service is a favorite among mortgage shoppers.
Person-to-person payment functionality is now a part of the PayLynx online bill payment platform from PSCU Financial Services.
Michigan's Community Choice Credit Union believes it has come up with the ideal method of aiding local charities: devote a whole weekend to volunteer work during which employees have a
Through provisions under the new Small Business Jobs Act of 2010, the SBA said effective Oct. 8, it has permanently increased the 7(a) loan limit from $2 million to $5 million and 504 loans to $5.5 million.
The NCUA repaid $10 billion plus interest to the Treasury Department yesterday using proceeds from selling performing assets of U.S. Central and WesCorp.
A two-year-old guide offered by Westerra Credit Union and Nice Enterprises Inc. to assist credit unions in gauging potential merger partners has gone online.
Once exploring the launch of a federal credit union in North Carolina, microlending bank Grameen America will receive a $450,000 grant to help spur small business growth in low income communities there.
The FBI said a school district, state municipalities and credit unions that served several churches were among the victims of a $10 million Ponzi scheme run by a Southfield, Mich., investment adviser.
Small businesses in North Carolina have another source to turn to through a new program launched by Gov. Beverly Purdue that involves CUs and banks.
The newly signed Small Business Jobs Act of 2010 has helped the SBA approve 1,939 loans totaling nearly $970 million in just one day through new funding for increased loan guarantees and reduced fees.
Oregon's incumbent treasurer, Ted Wheeler, a Democrat, has won formal support from the Credit Union Association of Oregon in the Nov. 2 election.
By the end of 2010, the banking industry is expected to have earned $35.4 billion in overdraft fee revenue, down from $37.1 billion in 2009 and on track with 2008, according to a recent Moebs Services study.
The recent introduction of the Federal Employees Responsible Investment Act would permit federal employees the opportunity to select a socially responsible and sustainable investment option in their thrift savings plan.
Ask many network security professionals where their networks are most vulnerable and they'll say at the perimeter, where it meets the outside world.
The CUNA Technology Council once again passed out best practices honors at its 15th annual conference held Sept. 29-Oct. 2 in Las Vegas.
Corporate One Federal Credit Union will now be offering its credit union clients item image aggregation and settling services through software from VSoft Corp. of Atlanta.
Monetizing social media-getting some business out of all that face time on Facebook, in particular-has been something that credit unions have been looking to do ever since the new communications channels became a fact of life.
Account holders at large banks apparently have become a much more popular target for phishing fraudsters than credit union members, according to RSA, the Security Division of EMC.
A new online membership application and account opening solution is paying off at ORNL Federal Credit Union, the $1.3 billion institution said.
Credit union executives are in this hurry up and wait mode when it comes to corporate services. Credit unions are being encouraged not to bail out of their corporates, even the NCUA-created bridges over troubled waters,
Each one of us, during the course of our lifetime, has wished we would have taken a different career path and been what we really wanted to be.
There is a trend in the US-one that seems like a custom-fit opportunity for credit unions, yet one that most credit unions are missing. It's called localization or buy local.
GFA Federal Credit Union, Gardner, Mass., recently announced that Sharon Henrickson has joined the GFA team as employee relations officer. Henrickson brings over 12 years of human resources experience in retail environments, with
Taleris Credit Union is mourning the death of Director Emeritus Joseph W. Coleman.
The $791 million 1st United Services Credit Union's 401(k) plan was highlighted for its generous employer contributions in a recent U.S. News and World Report article.
Below is an excerpt from Glenn Beck's Fox News broadcast of Oct. 8.
Social media isn't just for kids anymore. It has become mainstream and we receive more questions about it from our advisers each year.
While the changes made to fair value accounting may seem like yesterday's news, it is still important to maintain a strong control environment and robust documentation over the valuation of financial instruments in order to ensure
A Charles Schwab research study revealed that though many 401(k) participants need more guidance with their plan, very few actually use the help offered to them by their employer:
Arizona State Credit Union, Phoenix, Ariz., received the Peter Barron Stark Companies Award for Workplace Excellence. Although it is the fourth time the credit union has received the award, it is especially significant this year because it
Michigan Credit Unions, Detroit, are hosting a 75-part marathon event to provide financial education services to the surrounding community. The weeklong initiative, known as Money Smart Week, was started at a kick-off breakfast held at
Community Resource Federal Credit Union, Latham, N.Y., held a bottle recycling drive throughout the local community to raise money for a donation to the Mohawk & Hudson River Humane.