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By David Morrison |
February 20, 2012
The 44,000-member, $540 million National Institutes of Health Federal Credit Union, headquartered in Rockville, Md., has been working to prepare its housing finance program for whatever the federal government may choose to do with the two giant mortgage entities Fannie Mae and Freddie Mac.
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By Marc Rapport |
February 12, 2012
More than 200 million electronic payment transactions were processed by CO-OP Financial Services in December, its most ever in a single month, the California-based CUSO said.
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By Sarah Snell Cooke |
February 5, 2012
The examination process at the NCUA went on trial last week. Not before a court but before Congress, though it could end up in court, too, if legislation in Congress makes it through to law. The Financial Institution Examination Fairness and Reform Act (H.R. 3461) would create an ombudsman within...
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By Eileen Courter |
February 5, 2012
While the degree of optimism varies, a sampling of perspectives from business lending CUSOs suggests an economic upturn may be underway.
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By David Morrison |
January 31, 2012
The prospect of credit unions building a stronger housing finance industry received some good news last week when a new CUSO, Mortgage Liquidity Solutions, announced its first sale of participations in CU-originated mortgage loans.
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By Michelle A. Samaad |
January 31, 2012
With a diverse mix of college students, state government employees and natives who commute from neighboring smaller towns, Tallahassee, Fla., may be ripe for a new financial services alternative.
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By Marc Rapport |
January 31, 2012
WESCO Net is going through a name change, the network solutions integrator and division of CU*Answers is being rebranded as CU*Answers Network Services.
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January 31, 2012
Text banking has been added to the mobile offerings available to the approximately 190 credit unions running on the CU*BASE core processing system from CU*Answers, the Grand Rapids, Mich., CUSO said.
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January 22, 2012
EasCorp said two large credit unions are the newest customers of mobile remote deposit capture services from its CUSO, Vertifi Software LLC.
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By Natasha Chilingerian |
January 16, 2012
Regulatory burdens stemming from the Bank Secrecy Act, Dodd-Frank Act and the Department of Housing and Urban Development, among others, add another layer of responsibility to credit unions’ day-to-day operations. Complaints of rising compliance-related costs are common, but just how much is compliance costing CUs, and how are they paying...
