NEW YORK–The National Federation of Community Development Credit Unions will host a webinar titled, “Cyber Security: What All Credit Unions Need to Know,” on March 23 from 3-4:15 p.m. Thursday, March 23, 3-4:15 p.m.
Fresh Today
GRAND RAPIDS, Mich.–CU*Answers reported it has successfully kicked off its 2017 Presence Over Video (POV) efforts, which aims to launch a video culture at the cooperatively owned CUSO, and to become video culture experts within the credit union industry through heavy use of video technologies.
OSHKOSH, Wis.–Chatter Yak!, a CUSO specializing in marketing, advertising and social media and consulting, reported the $400-million Frankenmuth Credit Union in Michigan closed more than $530,000 in new loans using its Yak Tracker solution.
NEW YORK—In-car payments, where drivers can pay for purchases while sitting inside their vehicle, are coming soon.
HAUPPAUGE, N.Y.—GrooveCar, the nation’s leading online auto buying resource for credit unions, said it has released a new marketing program for its partners.
SUNNYVALE, Calif.—A grand jury in the Northern District of California has indicted four defendants, including two officers of the Russian Federal Security Service, for computer hacking, economic espionage and other criminal offenses in connection with the data breach involving more than 500 million Yahoo accounts.
ALEXANDRIA, Va.–While federally insured credit unions saw continued improvement in nearly every category during the fourth quarter of 2016, the highest median growth rates for loans could be found in Oregon, Alaska, and Washington, while CUs in Connecticut and Pennsylvania lagged, according to state-level data compiled by the NCUA.
NEW YORK–Loan approval rates at banks of $10-billion in assets and larger improved to new post-recession highs in February 2017, according to the latest Biz2Credit Small Business Lending Index, which said loan approval rates at credit unions remained stagnant and approval rates at alternative lenders dropped over the same time.
WASHINGTON—The Consumer Financial Protection Bureau ordered Nationstar Mortgage LLC to pay a $1.75-million civil penalty for violating the Home Mortgage Disclosure Act (HMDA) by consistently failing to report accurate data about mortgage transactions for 2012 through 2014.
CINCINNATI—Can knowing your members’ perceptions of college basketball teams help better target auto loans? Perhaps.