ALEXANDRIA, Va.–United States Senate FCU has named Timothy L. Anderson as its interim president and CEO. Anderson replaces former CEO Kenneth Kramer, who has left the $964-million USSFCU.
Fresh Today
TALLAHASSEE, Fla.–The CUSO United Solutions Co. and the fintech ENACOMM said they have entered into a partnership to help credit unions roll out apps more quickly. Tulsa-based ENACOMM primarily provides solutions it says are designed to improve the customer experience (CX), as well as to fight financial fraud, and increase operational efficiency.
ATLANTA – The Georgia Credit Union Affiliates has released its 2019 Helping People Afford Life Outreach Report, which seeks to highlight the many ways credit unions have helped Georgians afford life over the past year.
HOBOKEN, N.J.–A new analysis offers updated insights on debt held by private student loan borrowers, including the discovery of “wide financial disparity between those who apply and those who get approved.”
SURREY, B.C.–Coast Capital Savings Credit Union here said it has formed a partnership with OnDeck Canada, a provider of commercial lending, to “accelerate online lending” to its small business members.
CHICAGO –A new survey of more than 450 financial services executives has found value in having someone responsible for ethics within an organization.
WASHINGTON–The Independent Community Bankers of America has joined with the American Bankers Association and the Appraisal Institute in blasting NCUA for making changes in its rules for appraisal thresholds.
WASHINGTON—Sen. Elizabeth Warren (D-MA) has introduced legislation that would resurrect some provisions of the Glass-Steagall Act, including one again separating commercial banks from investment banks, among other things.
WASHINGTON—Two pieces of legislation that seek to improve cybersecurity practices at the Small Business Administration and help small businesses across the country defend themselves against cyber threats have passed in the House.
PACOIMA, Calif.–The effect one bad loan can have on a small CU can be seen in a merger taking place here. The $3-million Pacoima Development FCU, which was founded to serve this community in 2005, said it plans to merge into Gain FCU in Burbank, Calif., as the result of financial struggles.