News

• Knoxville TVA Employees CU Converting to Connect

  By Marc Rapport  |  June 19, 2013

  Salt Lake City online banking provider claims Tennessee credit union as its 18th client.

• SaveUp Program Selected for Cinton Global Initiative America

  By Peter Strozniak  |  June 19, 2013

  Michigan CUSO's savings, debt paydown partner have paid down $326 million in debt since 2012, company says.

• Michigan MBL CUSO Growth Leads to New Hires, Promotions

  By Michelle A. Samaad  |  June 19, 2013

  Personnel moves follow growth doubling in 2012 and continuing in 2013 for Michigan Business Connection LLC.

• Report: Russian Banking Malware Code Now on Sale

  By Robert McGarvey  |  June 19, 2013

  Trusteer: Buyers intend to make money. "They are not buying Carberp to put it in a museum."

• Kern Schools FCU Joins LPL Financial Platform

  By Michelle A. Samaad  |  June 19, 2013

  LPL Financial said it has signed on Kern Schools Federal Credit Union to its institution services platform.

• SELCO Community to Merge Greater Oregon FCU

  By Peter Strozniak  |  June 19, 2013

  Consolidation with $34 million Burns, Ore., credit union second in 18 months for $1 billion SELCO.

• BECU Helps Bust Card Skimmer

  By Robert McGarvey  |  June 19, 2013

  Twenty-year-old waitress charged with fraudulently using card numbers from BECU member accounts.

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  TVFCU Promotes CFO Fortner to EVP

  By Marc Rapport  |  June 19, 2013

  The $975 million Tennessee Valley Federal Credit Union promoted CFOTodd Fortner to the newly created EVP position.

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  Senate Committee Won’t Confirm NAFCU Report of NCUA Board Nominee Hearing

  By Heather Anderson  |  June 18, 2013

  NAFCU says hearing next week; Senate Banking Committee spokesman says no date to report.

• NCUA Board Adds Final Loan Participation Rule to Thursday Agenda

  By Heather Anderson  |  June 18, 2013

  Rule was first proposed in December 2011 and first iteration would limit participations from a single originator to 25% of net worth.