The $18 million Newark Firemen Federal Credit Union in Newark, N.J., has completed its conversion to the CU*BASE platform through CU*SOUTH, an Alabama-based CUSO that is an affiliate of CU*Answers, the Grand Rapids, Mich.-based CU*Answers said.

The Independent Community Bankers of America has released a petition in an effort to obtain regulatory relief from what it calls burdensome quarterly call reporting requirements.

The CFPB has proposed a rule that aims to simplify the Home Mortgage Disclosure Act reporting requirements for financial institutions. Institutions that produce fewer than 25 mortgages a year would be exempted from reporting requirements.

Learn how credit unions can win a larger share of the baby boomer market by offering living trusts.