The regulator issues prohibition orders to three former credit union employees who pleaded guilty to fraud and embezzlement.
The Consumer Financial Protection Bureau has selected the $3.9 billion Mountain America Credit Union in West Jordan, Utah, for its eClosing three-month pilot study beginning later in the year.
Brian A. Orenstein, president/CEO of $823 million Charter Oak Federal Credit Union in Waterford, Conn., was elected to the board of directors of the United Way of Southeastern Connecticut. Orenstein is also serving as this year's co-chair of the United Way 2014 campaign appeal. Charter Oak is also this year's...
It's no surprise that small businesses are becoming more sophisticated and savvy in their use of technology to expand their businesses – and they’re expecting their credit unions and banks to keep up with their demands.
Program is part of the bureau’s “Know Before You Owe” mortgage initiative.
Despite daily announcements of credit unions converting to new core processors, some say long-term core relationships are best.
The $118M credit union is the first in the state to offer the merchant-funded rewards platform.
The $18 million Newark Firemen Federal Credit Union in Newark, N.J., has completed its conversion to the CU*BASE platform through CU*SOUTH, an Alabama-based CUSO that is an affiliate of CU*Answers, the Grand Rapids, Mich.-based CU*Answers said.
The Michigan-based vendor holds steady at 225 credit unions running its CU*BASE core system.
GoBankingRates.com selected these institutions for their extra effort.