Huntington, JPMorgan Chase closed accounts at up to 30 West Virginia, Ohio credit unions, their corporates say.
Taking in West Virginia Corporate in 2012 helped reduce net income $500,000 from 2011.
Nashville corporate re-selling CU Mobile Apps product from Member Service Solutions.
The $1.3 billion Volunteer Corporate Credit Union elected two new members to its board and re-elected a third during its annual meeting.
The theme of Forum ‘12 is Digital Survival Guide, with a focus on online security, social media, risk/performance and digital transformation.
A temporary Federal Reserve program is quietly providing a cushion to corporate credit unions as they attempt to raise capital from members to meet NCUA regulatory requirements.
Ask corporate credit union senior executives what keeps them up at night and for many, it’s whether they can grow their business.
Ask Michael Bittle, CEO of the Vanderbilt University Credit Union, where his $25 million Nashville, Tenn.-based institution would be without its corporate credit union and he softly chuckles.
LT to replace ACH services now coming from U.S. Central Bridge.
Many worried credit union eyes now are on July 1, the date when the NCUA has said it will bump up ACH fees for U.S. Central Bridge customers by 80%. That looming price hike has triggered a quick rush to the exits as corporates and their members race for alternatives.