Credit unions that have restructured loans for struggling members no longer have to pay the price on their financial performance reports. That’s because a final rule released in May by the NCUA, which applied GAAP standards to the reporting of delinquent restructured residential mortgage loans, included a provision that released...
“Everybody in California is jumping up and down about this,” Patelco CFO Scott Waite said of the new rule.
The 273,000 members of the $3.7 billion Patelco Credit Union in Pleasanton, Calif., can now deposit checks with their iPhones or Android devices.
At any credit union, the role of the chief financial officer is a tough one. He or she must create a roadmap to financial success by setting the right pricing strategy, effectively managing credit risk and streamlining operational costs. But in California, where high unemployment, an unsteady housing market and...
ThreatMetrix is now providing cyber threat protection to the $3.7 billion Patelco Credit Union in Pleasanton, Calif., the company and credit union said.
The $3.7 billion Patelco Credit Union in Pleasonton, Calif., now using malware defense software from ThreatMetrix of San Jose, Calif.
The reduced compliance burden, as a result of new NCUA rules introduced during the regulator’s May 24 board meeting, is worth $8 million to federally insured credit unions.
What is the reduced compliance burden, as a result of Thursday’s new NCUA rules, worth to credit unions?
Patelcorp, a division of Patelco Credit Union, will offer its InvestDaily mutual fund investing program to members who have health savings accounts.
You don’t need cash to buy a box of Girl Scouts’ Thin Mints from David Cale, CEO of Financial Plus Credit Union.