BATON ROUGE, La. — Plenty of larger credit unions merge in smaller credit unions, but at one CU here an effort has been made to ensure the heritage of the disappearing credit union isn’t forgotten.
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SINGAPORE—Seven Japanese regional banks have teamed up to create a financial technology research company that aims to leverage AI and robotic process automation (RPA) technologies to survive declining loan demand and ultralow interest rates that have pushed banks into partnerships and consolidation just to stay afloat.
AUSTIN, Texas–Velocity Credit Union here has purchased a building and is moving its headquarters.
WASHINGTON–Four bills of interest to financial institutions are scheduled to be marked up today in the House.
NEW YORK – New York Attorney General Barbara D. Underwood is leading a coalition of 14 Attorneys General in urging the BCFP to retain its public database of consumer complaints.
WASHINGTON–CUNA has sent a letter to the Subcommittee on Financial Institutions and Consumer Credit prior to its hearing to discuss reforms to the Bureau of Consumer Financial Protection (BCFP).
WASHINGTON—Young credit union members deposited more than $15 million in their accounts in April during National Credit Union Youth Month’s savings challenge.
JACKSONVILLE, Fla.–VyStar Credit Union has become the first Fiserv client to implement an enhanced mobile banking platform that includes new alerting and card control functionality for its debit card users.
EAST SANTA ROSA, Calif.–Redwood Credit Union here has partnered with a number of organizations to build and place into the community free “Little Public Libraries.”
GRAND RAPIDS, Mich.–CU*Answers has announced a new event that will replace its annual CEO Strategies conference. The CUSO said it will host its first 2018 CEO Strategic Developers Boot Camp, Nov. 5-9, as part of a “new opportunity for CEOs and their business development executives to participate in creating the solutions that CU*Answers and the cuasterisk.com network will take to market.”