WASHINGTON—Federal Reserve Vice Chairman of Supervision Randal Quarles finished the regulator's semiannual report to Congress in testimony before the Senate Banking Committee, during which a number of issues that impact credit unions were brought up, including the current expected credit loss (CECL) accounting standard, tailoring regulations and regulators' accountability, among others.
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PEACHTREE CORNERS, Ga.–Alogent, a provider of end-to-end enterprise payment processing, content management, and digital account opening solutions, said it has partnered with SavvyMoney to enable easy and affordable access to SavvyMoney’s credit score solution.
MADISON, Wis.—Summit Credit Union has announced a $2.3-million patronage dividend for its members as a part of its Cash Boomerang program.
WASHINGTON–CUNA has sent two comment letters to the Federal Housing Finance Agency.
GRAND RAPIDS, Mich.–CU*Answers has announced a third year-long initiative, this time a research project involving credit union leaders, business developers, and tactical units working to design strategies and tactics for the future of online and mobile tools for credit union members.
LOS ANGELES—Two credit unions serving universities that are icons in college football have again placed a wager related to an upcoming game between their two teams.
MT. PROSPECT, Ill.– Cummins Allison has announced it now offers the widest variety of deposit interfaces on its Money Machine 2 self-service coin counter.
MADISON, Wis. – CUNA has announced the 2018 recipients of its Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Awards for Financial Education.
MIDDLETOWN, Penn.–A 28-hour radiothon sponsored by Vizo Financial and credit unions in Central Pennsylvania helped to raise more than a quarter-million dollars for Children’s Miracle Network hospitals.
COLORADO SPRINGS, Colo.– Mollie Bell, known to many in the credit union community for her work at the Filene Research Institute and at CUNA, has left the trade association to join Ent Credit Union.