NEW CASTLE, Ind.—Betty Strickler, ex-manager of Perfect Circle Credit Union here, faces seven felony charges over her alleged embezzlement of more than $50,000.
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RANCHO CUCAMONGA, Calif.– CO-OP Financial Services has partnered with OpenIDEO on a “credit union engagement initiative” that is being supported by MasterCard.
MARSHFIELD, Wis.–Central City Credit Union is changing its name: effective June 1, it will become Simplicity Credit Union. The name change follows an “updated approach” toward what members want in a financial partner, according to CEO Pat Wesenberg.
PORTLAND, Ore.—While NCUA has announced broad new MBL powers for credit unions, more than half of all CUs said they anticipate making minor to no changes in their current member business lending policies.
ELGIN, Ill. – Lending Solutions Inc. (LSI) announced it has signed 12 new credit union clients for its collections outsourcing and payment reminder collections programs. Among the CUs signing on are Meijer Credit Union in Michigan, Steel Valley FCU in Ohio, Heritage Grove FCU in Oregon, Fitzsimons Community FCU in Colorado, and Coors Credit Union in Colorado.
GRAND RAPIDS, Mich.–Xtend announced that it recently provided inbound call center support for members of three credit unions during their core data processing conversions.
TALLAHASSEE, Fla.–A one-armed man who allegedly robbed a credit union here was arrested after family members recognized him from surveillance photos.
BROOKFIELD, Wis.–Fiserv has announced that 25 credit unions, with approximately $2.5 billion in assets and 250,000 members collectively, have committed to its CUnify account processing platform. Five of these credit unions are new core processing clients of Fiserv, and will be converting to CUnify in 2016, the company said.
WASHINGTON—Using the GAC as a platform to once again remind credit unions of NCUA’s commitment to providing regulatory relief for credit unions, Chairman Debbie Matz said the agency is dedicated to changing its culture to continue to ease the compliance burden.
WASHINGTON—Jim Nussle kicked off the first full day of CUNA’s Governmental Affairs Conference Monday saying it’s time credit unions stop worrying about market disruptors and begin taking steps to ensure CUs once more become the disruptors themselves.