News

The $39 million First Connecticut Credit Union in Wallingford, Conn., has converted to the FLEX core processing system.

The $39 million First Connecticut Credit Union in Wallingford, Conn., has converted to the FLEX core processing system.

Inland Empire economy slowly healing, CEO says, helping Riverside, Calif., credit union's bottom line.

Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.

Just over a year since it purchased noted mortgage CUSO Prime Alliance Solutions, Mortgage Cadence has been purchased by Accenture, an international financial services consulting and software firm.

On July 12 during a general session at NAFCUs Annual Conference in Boston, NCUA Chairman Debbie Matz revealed some new details regarding a rule under development that would increase net worth requirements for credit unions with more than $50 million in assets.