News

The threat from Hurricane Bill to the U.S. may have dissipated, but coastal credit union leagues are gearing up in major ways this fall using sophisticated online tracking and alert call-in systems to prepare for future storms.

BOSTON -- New rules for regulating mortgage originators will be less onerous for credit unions and other regulated depository institutions, bank regulation expert Mike Stevens said today.

Internationalization of financial system regulations is a trend that will include credit unions, said Dave Grace, World Council of Credit Unions vice president of association services.

BOSTON -- Just trying to survive and hoping for the best aren't strategies for getting a bigger share of the mortgage market, instead credit unions should develop detailed strategies.

When it comes to forming partnerships outside of the industry, credit unions are known for asking the hard questions and double-checking information, said one IRS official.

The Golden 1 Credit Union is the first credit union user of a new ASP version of a remote deposit capture solution from Fiserv Inc.