News

Six seasoned executives join the judging panel for the CU Times Luminaries Awards, now in its fourth year.

Former loan officer increases the credit limit on his HELOC 19 times until it reaches more than $900,000, according to federal investigators.

Coalition of trade groups says the Fed’s proposed survey changes would increase burdens and distort cost data, and should be revised before implementation.

The trade group says policies must enable continued CU innovation in a pre-hearing letter to a Senate Banking Subcommittee.

The credit union also agrees to change policies and procedures for handling members’ claims of unauthorized transactions.

Mortgage Bankers Association finds originations grew more than 7% last year, while HMDA data shows production rose more than 9% among a sample of credit unions.