Credit Union Management

New Jersey case involved a CUMIS fidelity bond and whether fraud committed by two mortgage companies impacted coverage.

The Federal Housing Finance Agency, the federal regulator and conservator of government-sponsored mortgage giants Fannie Mae and Freddie Mac, has delivered a strategic plan for the two that envisions them becoming smaller and less relevant to the secondary mortgage market.

The $67 million IBEW & United Workers Federal Credit Union in Portland, Ore., has replaced its Check21 solution with eDOC Innovations CheckLogic suite, the company and credit union said.

For the 66% of account holders who would consider switching their financial institutions if the move wasnt so painful, Texas Trust Credit Union said it has a plan to make the entire process easier and faster.

The electronic bill pay operation of Corporate Network eCom LLC is now part of CO-OP Financial Services.

To help credit unions prepare for any potential changes that may come from the NCUAs proposed CUSO rule revisions, NAFCU will host a March 7 webcast.