"We compensate board members more out of a sense of fairness than anything else,” explained Lin Hodges, president/CEO of Associated Credit Union of Norcross, Ga.
Part two of this analysis of credit union board compensation by Credit Union Times. From our July 10 print edition.
Credit unions can enlist their members in the payments revolution. A new service from Fiserv, called SpotPay, along with similar services such as Square are expanding the universe of payments that can be settled on credit or debit cards.
Other priorities next year will include hiring more examiners to police advisers, JOBS Act rulemaking on Reg D, crowdfunding.
Campaign kicked off last week with press conferences in Bismarck and Fargo and resumes April 17 in a “CU on the Road” tour.
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.
Mark the calendar: The NCUA aims to turn off the lights at the conserved U.S. Central Bridge no later than Dec. 31, 2012, and now it has announced the specifics of its plan.
The $2.9 billion Mountain America Credit Union in West Jordan, Utah, is the first credit union to offer its members a new online payment alternative involving NACHA, eWise and Jwaala.
Secure Vault Payments network from NACHA offered through Jwaala-eWise partnership.
As Jack Antonini approaches the one-year mark since taking the helm at the National Association of Credit Union Services Organizations, the former bank CEO marveled at the number of collaborations CUSOs frequently engage in.