SAN DIEGO–Credit union core data processor Corelation has named a new president. The company announced that Theresa Benavidez has turned over her responsibilities as company president to Rob Landis, who had been serving as the company’s COO.
Fresh Today
MADISON, Wis.–CUNA has named the winners of its ELLy Awards, which honortop training professionals at credit unions. The awards were announced during the CUNA Experience Learning Live! conference.
PURCHASE, N.Y.—McDonald’s said it’s selling a tech company it acquired roughly three years ago to Mastercard for an undisclosed amount.
WASHINGTON–One year ago today credit unions in the District of Columbia and their trade groups were shutting offices and issuing statements of condemnation as the result of violence at the U.S. capitol by supporters of former President Trump.
WASHINGTON—Ahead of a Senate Banking Subcommittee hearing to examine how Community Development Financial Institutions (CDFIs) support underserved communities, NAFCU has sent a letter urging increased spending but also calling for a “backlog” to be cleared first.
WASHINGTON—CUNA said it supports a proposed accounting standards update from the Financial Accounting Standards Board (FASB) that would eliminate Troubled Debt Restructuring (TDR) accounting requirements for those entities that have adopted the current expected credit loss (CECL) standard.
NORTH LIBERTY, Iowa—The $7.8-billion GreenState Credit Union’s bid to acquire $395-million Premier Bank, based in Omaha, Neb., has been rejected by the Nebraska Department of Banking and Finance.
TAMPA, Fla.–Trellance plans to host a free webinar on Jan. 19 to “help credit unions make sense of rapidly growing data with business intelligence.”
BOSTON– While several small- and medium-size business (SMB) sectors have shown some strong signs of recovery over the past month, 43% of minority-owned SMBs still struggled to pay their rent in full and on time in December, according to Alignable's Monthly Rent Poll of 5,818 small business owners.
BURLINGTON, Mass.– Eastern Corporate Federal Credit Union (EasCorp) has named a new president and CEO, who will become only the second person in its history to hold the title.