CHICAGO–Alliant Credit Union has named a new president/CEO to succeed the retiring David Mooney. The $13-billion Alliant has named Dennis Devine to lead the organization.
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MADISON, Wis. – Filene Research Institute’s Center of Excellence for Data Analytics and the Future of Financial Services said it will conduct applied research to advance the practice of data analytics and prepare credit unions for the future financial services landscape.
WASHINGTON—CUNA is expressing support for a move by the Financial Crimes Enforcement Network (FinCEN) to update Paperwork Reduction Act (PRA) requirements for complying with a Bank Secrecy Act regulation requiring financial institutions to file Suspicious Activity Reports (SARs) Adjustment to the PRA burden calculation.
MIRAMAR, Fla.–The spike in COVID-19 cases in Florida has led several CUs to reclose branches, while one Virginia CU has halted usage of its mobile branch.
EAU CLAIRE, Wis.–Nine months after winning a grant to measure the effectiveness of its financial education program in correctional facilities, Royal Credit Union is reporting preliminary data show gains in “attitudes and confidence levels” related to financial literacy.
SACRAMENTO–Another bill is back in the California Assembly that seeks to put an eviction moratorium in place.
WASHINGTON—In light of the coronavirus pandemic and the uncertainty surrounding its economic impact, the Federal Housing Finance Agency (FHFA) has released updated housing goals, confined to the 2021 calendar year.
RANCHO-CUCAMONGA, Calif.—Member spending continued to climb back to pre-COVID levels during the first two weeks of July, reports CO-OP Financial Services.
ARLINGTON, Va.—New home sales rose to 776,000 units in June, up 13.6% from May's revised rate of 682,000 annualized units and 6.9% from a year ago.
WASHINGTON—In 2018, CEOs at state-chartered credit unions with at least $1 billion in assets earned on average 12.5 times the average compensation of their employees.