COSTA MESA, Calif.— Consumers are feeling increasingly stressed by all the new tech features being introduced, even as online and mobile apps are becoming even more critical to the overall consumer experience at financial institutions, according to new research released by J.D. Power & Associates.
EUGENE, Ore.–A number of employees of Pentagon Federal Credit Union in Oregon and Virginia have been told they will need to relocate to Texas in order to retain their jobs. In Oregon, more than 100 employees are affected, according to the Register-Guard.
ALEXANDRIA, Va.–There has been a change in the senior management at NCUA, including the retirement of one person who was on Capitol Hill during one of the most critical moments in credit union history.
AUSTIN, Texas–FirstClose has published a new white paper: “Suitability Logic: The Next Big Innovation.”
WASHINGTON—With the basis for many rates, the London Interbank Offered Rate (LIBOR), expected to no longer publish after 2021, Fannie Mae is set to develop an adjustable-rate mortgage product that will be indexed to the Secured Overnight Financing Rate (SOFR).
WASHINGTON—The CFPB is being urged to "consider more frequent reviews of its significant rulemakings to identify ways to reduce burdens on small entities like credit unions."
WASHINGTON—CUNA is a asking the CFPB to streamline its Regulatory Flexibility Act (RFA) review process to reduce regulatory burden on credit unions, and is encouraging the Federal Reserve to expand the ACH processing window.
CARLISLE, Penn.–Navy FCU’s branch located on U.S. Army Garrison Carlisle Barracks here has received the Department of the Army’s Distinguished Credit Union Service Award for 2018.
DALLAS–Credit Union of Texas (CUTX) said it has selected SWBC Investment Services to oversee the development and management of its investment program.
LEWISTON, Idaho–Potlatch No. 1 Financial Credit Union here has made more than a half-million-dollar contribution and received the naming rights to a new high school auditorium being built here.
