MADISON, Wis.—CUES reported a new group of CU executives has completed its Mergers & Acquisitions Institute. Attendees of the graduate-level program learned directly from distinguished University of Chicago Booth School of Business faculty.
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OKLAHOMA CITY, Okla–FAA Credit Union said it is changing its name. The credit union will now be known as True Sky Credit Union.
NEW YORK—It’s mortgages (again) to the rescue of the earnings of numerous major banks, although overall profits are down from one year earlier. JPMorgan Chase & Co., Wells Fargo & Co., and Citigroup Inc. reported they originated $94 billion worth of new mortgages during the second quarter in their core mortgage operations, an increase of $23 billion, or 31%, over the first quarter, according to Reuters.
ALEXANDRIA, Va.—NCUA and the Federal Trade Commission are teaming up for a live Twitter chat intended to help servicemembers, veterans and their families become more informed consumers.
MCGREGOR, Texas–Rocket Federal Credit Union has named Terry Sloan as its new president/CEO effective Monday, Aug. 15, 2016.
MADISON, Wis. – The seven international Credit Union Development Educator (DE) programs, in partnership with World Council of Credit Unions, announced that 17 people have received their International Credit Union Development Education (I-CUDE) designation.
LONDON—A lawsuit to be filed on behalf of consumers in the U.K. will seek $24.6-billion from MasterCard over cross-border transaction fees that were deemed illegal in 2014, according to Bloomberg.
WASHINGTON—The CFPB is expected to release its proposal on debt collection in conjunction with a July 28 field hearing in Sacramento, Calif., reported CUNA, which noted that the trade association has met with the bureau several times to address the forthcoming rulemaking.
BELFAST, Ireland–A man who went from doing time in prison for alleged acts of terror in Northern Ireland to renouncing violence and helping lead historic peace talks shared with credit unions the lessons he has learned—and offered thoughts on what might be ahead.
BELFAST, Northern Ireland–If core values are a competitive strength, then Ireland’s credit unions should be among the world’s high-performers, as there are few countries where the principals of credit unions are so highly valued.