WASHINGTON–The president of the Independent Community Bankers of America is calling for the replacement of the management team and board at Wells Fargo Bank following recent news that the fake account scandal at the bank is much larger than had been initially believed.
Fresh Today
MUSKEGO, Wis.––QuantyPhi, Corporate Central Credit Union’s balance sheet optimization CUSO, has announced the launch of its own website.
WASHINGTON–Investment yield at credit unions is now at the highest rate since the fourth quarter of 2011, according to the latest quarterly investment trends review released by Trust for Credit Unions (TCU).
EAGAN, Minn.–City & County Credit Union has broken ground on a new branch that is being designed and built by Newground.
SAN DIEGO–With NCUA now wading through more than 800 comment letters following an advance notice of proposed rulemaking (ANPR) on alternative capital for federally insured credit unions, a panel of experts offered insights on what could lie ahead and how CUs might be able to leverage alternative capital.
MALVERN, Penn. – Temenos, a software specialist for banking and finance, announced that Illinois-based Baxter Credit Union (BCU) has successfully implemented the Lifecycle Management Suite in Microsoft Azure.
WESTBROOK, Maine–Nearly one-fifth of the 80 companies that were recently announced as 2017 Best Places to Work in Maine are credit unions or related organizations, according to the Maine league.
ALEXANDRIA, Va.–As part of its efforts to improve efficiency and reduce costs where possible, NCUA said it has ended the print edition of its quarterly newsletter, beginning with the third quarter issue released this week.
DUBLIN, Ireland–At the same time Ireland’s credit unions continue to fight for a stronger market presence in this country and to expand into mortgages, a major German bank that is also a non-profit wants to bring its model to the country, saying it believes it could play a role in solving Ireland’s housing crisis.
LAKE FOREST, Ill—Overdrafts have always collected the most revenue for all related service charges. Now, for the first time, credit card interchange has exceeded overdraft revenue to become the top money maker among all service charges, reports Moebs $ervices.