METAIRIE, La.—Xplore FCU here has launched a custom higher education loan product from CURevl.
Fresh Today
WASHINGTON–A group of academics and other scholars have sent a letter to Congress urging it to use the Congressional Review Act (CRA) to overturn the Office of the Comptroller of the Currency’s (OCC’s) final rule on National Banks and Federal Savings Associations as Lenders, known as also the “true lender” rule.
HARRISBURG, Penn.–To mark Earth Day, PSECU said as a result of its 2020 “You Can Make a Difference” tree planting campaign, which encouraged its members to switch from paper to electronic banking statements, has resulted in more than 300 trees being planted.
JACKSON, Miss.–In remarks to the Senate Banking Committee, Bill Bynum, CEO of Hope Credit Union, pointed to his own credit union’s experiences in building wealth in rural, poor communities.
CHICAGO—Making mortgage payments took priority over other forms of debt payments during the past year, as the home became an essential place for Americans to work, school their children, and stay safe during the pandemic, according to a new analysis.
WASHINGTON—NAFCU wrote to the Senate Banking Committee to urge the committee to support a change to the Federal Credit Union Act that would allow all types of credit unions to add underserved areas to their field of membership.
METHUEN, Mass.–Methuen Credit Union has named a new president/CEO. The credit union has selected Andy Moisan to lead the organization, succeeding Jim Brouder, who retired.
FAIRHAVEN, Mass.–Southern Mass Credit Union has a new name and brand. The $293-million CU is now Alltrust Credit Union.
MIDDLEBURY, Vt.–eDOC Innovations, a CUSO specializing in mobile enterprise digital transaction management, and Origence, a provider of next generation lending technology, have announced the completion and rollout of an e-signature integration with the Origence Consumer Loan Origination System (LOS).
OAK RIDGE, Tenn.–ORNL Federal Credit Union has become the latest credit union to announce it will increase the starting wage for new and existing employees to $15 per hour effective May 2.