Credit union trade associations shrugged off a 2014 budget amendment passed by the Senate March 22 that would “establish a deficit-neutral reserve fund to address the disproportionate regulatory burdens on community banks,” according to a release from sponsor Sen. John Boozman (R-Ark.).
The $1.2 billion Numerica Credit Union in Spokane, Wash., is now using an automated software program to help jump into commercial and industrial lending, an area of untapped potential for many credit unions, the credit union said.
Rhode Island's Reed, New York's Schumer seen eyeing top post on Senate Banking Committee as South Dakota's Johnson retires.
NAFCU, CUNA join bankers, real estate lobby in supporting move to stop Fannie Mae, Freddie Mac fees going to pay off deficit.
Spokane credit union joins list of military-connected credit unions, others offering aid in wake of federal budget cuts.
Like many executives, Chad Graves begins his day by reading The Wall Street Journal, USA Today and his local newspaper. Only Graves is not a CEO or CFO, he’s the chief technologist at Ent Federal Credit Union.
Connecticut regulator Mary Ellen O'Neill replaces Idaho regulator Mary Hughes on association board.
It’s the time of the year when pundits are analyzing the recent election and predicting what will happen in the new Congress during 2013.
After 30 years in business, the Fairfax, Va.-based core data processing system provider FedComp Inc. made the decision to move the 130 credit unions using its Internet banking product VirtualCU onto the Boise, Idaho-based Database Management Services’ more modern HomeCU. That’s left FedComp to put more resources into its flagship...
Core processor to small credit unions maintains its focus. Find out more in this preview from next week's print edition.