WARRENVILLE, S.C.–The $750-million SRP FCU has named a new CEO to replace Ed Templeton, who will be retiring in July. The credit union said it has selected Harry Gunsallus, EVP with Redstone FCU in Huntsville, Ala., to be CEO.
Fresh Today
HERNDON, Va. – In 2015, ACH transaction volume grew to more than 24 billion electronic payments, an increase of 1.3 billion payments or 5.6%, over 2014 volume, according to new statistics released by NACHA—The Electronic Payments Association.
MADISON, Wis.–The CUNA Lending Council has released a new “Financial Flash” titled “Concentration Risk: Guidance on Policy and Metrics” that provides guidance to lenders, helps determine areas of potential concentration risk, and identifies metrics credit unions can use to measure risk and set meaningful limits.
PORTLAND, Maine–The New England Financial Executives Council, a nonprofit professional association for credit union executives in northern New England has announced that its Spring 2016 meeting topics will be:
BIRMINGHAM, Ala./TALLAHASSEE, Fla.—The strategic partnership between the League of Southeastern CUs & Affiliates and the New York Credit Union Association is progressing as planned, reports LSCU.
NEW YORK—American Broadcast Employees FCU here is now offering members auto buying services through GrooveCar’s auto buying platform.
WASHINGTON– Representatives Mike Quigley (D-IL) and Robert Pittenger (R-NC) have proposed legislation that would create credit union and community bank advisory committees at the Treasury Department.
WASHINGTON—U.S. consumer prices rose less than expected in March and underlying inflation slowed, suggesting the Federal Reserve will remain cautious about raising interest rates this year.
LAKEWOOD, Wash.–In an unusual case, Washington State Employees Credit Union is challenging a felon’s demand for access to floor plans and security camera footage to one of its branches.
WASHINGTON—In another sign that economic growth may be slowing, small business confidence fell to a two-year low in March amid persistent worries about sales and profits.