MADISON, Wis. – The National Credit Union Foundation is looking for credit unions to submit proposals to work with the Center for Financial Services Innovation (CFSI) to develop financial health-related key performance indicators (KPIs) to measure the financial health and business impacts of their products and services.
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ALEXANDRIA, Va.–Credit union professionals can learn more about how share insurance works by attending two upcoming webinars hosted by NCUA.
ST. PETERSBURG, Fla.–PSCU has announced a partnership with Equips, a company specializing in equipment management for financial institutions.
KILKENNY, Ireland–A credit union here has been hit with the largest-ever fine assessed an Irish CU. St Canice’s Credit Union was fined €210,000 by the Central Bank for its failure to report a data breach to the regulator. No members have suffered any losses as a result.
NEW YORK—Mobile wallets still do not offer a use case appealing enough to get consumers to switch over from cards in big numbers, states a new report, which also indicates Apple Pay usage is declining.
DOVER, Ohio—Two more ADA lawsuits have been dismissed, and this time they are outside of Virginia.
NEWBURGH, Ind.—Heritage FCU has named a new CEO. The $576-million Heritage Federal said David Miligan has been named to lead the organization, following the retirement of Ruth Jenkins.
WASHINGTON—The Bureau of Consumer Financial Protection has filed a response in court here supporting reconsideration of the agency’s payday rule.
WASHINGTON—Testifying before a House Financial Services subcommittee on the issue of de-risking and its implications on businesses and consumers, United Nations FCU executive John Lewis said there is a need for further guidance on regulators' risk-management expectations and suggested a safe harbor be put in place to ease credit unions' filing compliance burdens with Bank Secrecy Act (BSA) and anti-money laundering (AML) requirements.
WASHINGTON—CUNA has written in opposition to a provision in the House version of the National Defense Authorization Act (H.R. 5515) that would exclude credit unions from the current resources furnished to them on military bases.