Credit Union Times | Accurate and Timely CU News

Insurance CUSO Debut Sparks Momentum to Build More

By Michelle A. Samaad

Plans were already on the table for South Carolina Federal Credit Union to launch another credit union service organization when one of the biggest threats to the industry started to reverberate.

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PayFone Inks Mobile Payments Deal with Verizon Wireless: Battle for Mobile Money Intensifies

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Texas League's Buddy Gill Named NCUA Senior Adviser

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June 13, 2011

NCUF Takes On 'BizKid$' in Washington Foundation Spinoff

Seattle-based financial literacy show now aired on 340 public television stations.

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June 13, 2011

Corporates Joining to Try to Buy ISI Broker-Dealer Out of U.S. Central

A group of up to 16 corporate credit union members of U.S. Central Bridge have joined together to attempt to purchase CU Investment Solutions Inc.

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June 13, 2011

Analytics Firm Offers Service to Predict Defaults, Eyeing Homeowners Associations

Soon after FICO announced a new service that will help credit unions' mortgage servicers, among others, predict mortgage defaults, another firm has announced a similar service that will predict default by looking at late fee payments to homeowners associations.

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June 13, 2011

NCUA to Unveil Proposed Rule on Derivatives at Friday’s Meeting

'Golden parachutes' for executives, low-income status measuring tools also on agenda.

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June 13, 2011

Kinecta Federal Credit Union Signs on to Help Fannie Mae Move REO

Kinecta FCU is now part of Fannie Mae's HomePath Mortgage program, an effort to move the thousands of properties it currently holds.

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June 13, 2011

Matz, CUNA’s Cheney and NAFCU’s Lussier to Testify on MBLs

NCUA Chairman Debbie Matz is the lead witness in Thursday’s Senate Banking Committee hearing on legislation to raise the cap on member business loans.

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June 13, 2011