WASHINGTON—Rep. Blaine Luetkemeyer (R-MO) this pledged that “we’re going to work hard to make sure [the S 2155 regulatory reform measure] gets through” the House “as quickly as possible.”
Fresh Today
ST. LOUIS—Credit unions were told to prepare for change by a competitor that is driving much of that change–PayPal.
ST.LOUIS—If a credit union is not striving to excel with member service, it could likely find itself on the merger block in the not-too-distant future, cautioned one customer service expert.
SEATTLE—BECU is reporting it grew its membership by 8% to 1,081,077 members during 2018, along with achieving other growth milestones. Two BECU reps will talk about what the credit union has learned about effectively onboarding those new sign-ups and how it works to turn them into profitable and participating members during CUToday.info’s CUTomorrow Conference Sept. 9-11. Details can be found here.
NOVI, Mich.––Two large Michigan credit unions have announced merger plans. The $529-million Vibe Credit Union and the $351-million Oakland County Credit Union in Waterford, Mich., said they intend to combine. Vibe CU would be the surviving name.
DEPTFORD, N.J.–South Jersey FCU has named a new president/CEO. The $352-million SJFCU said Ernest D. Huggard will now lead the organization, after having previously served as vice president and CFO.
FT. LAUDERDALE, Fla.–The days of welcoming a new employee aboard on their first day are long gone at one credit union: first, the welcome starts long before that first day and, second, the welcome lasts much longer than a “day.”
FT. LAUDERDALE–The best in credit union human resources practices were recognized here during the CUNA HR & Organizational Development Council Conference.
LAS VEGAS—More than 80 credit union leaders from California and Nevada turned out here for the two-day Credit Union FINHEALTH18 event, which was focused on the state of financial health in the U.S.
BROOKFIELD, Wis.–Fiserv announced it has launched FinKit for Open Banking to help financial institutions meet and keep pace with rapidly unfolding regulations.