Credit unions advised to "step it up a notch or two" to serve small businesses.
Oregon, California credit unions reap about $2.2 million in new loans in friendly, vigorous competition.
Rivermark Credit Union in Beaverton, Ore., found moving to a more automated housing finance system sharply increased its completed applications.
The DDoS threat keeps growing. Third-party experts and credit union executives—primarily speaking anonymously on the subject—said most credit unions have done nothing to protect themselves against the threat, which has been increasingly linked with theft of funds at financial institutions.
Cy-Fair Federal Credit Union in Houston said it has hired Brett Wooden to the newly created position of senior vice president for marketing and innovation.
Examiners, board members and management all take hit in report about failure of Oregon credit union.
Experts, executives say most have done nothing to protect against takedowns.
Whatcom Educational CU volunteers to go first. "We have so many auditors looking at us anyway, what's one more?"
In mid-October, Whatcom Educational Credit Union in Bellingham, Wash., will undergo one of the Evergreen State’s first separate examinations for consumer compliance, now required of all Washington state chartered credit unions with more than $500 million in assets.
Comptroller Curry says attacks heading to smaller institutions. And that includes credit unions.