NEW ORLEANS—The CUNA CFO Council presented its first-ever CFO Professional of the Year Award to Vincent J. Market, EVP and CFO with TruMark Financial Credit Union in Trevose, Penn.
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MADISON, Wis.—Michael Valentine, CEO at Baxter Credit Union in Vernon Hills, Ill., has been appointed to the CUNA Mutual board of directors.
NEW CASTLE, Del.–Two board members were elected to serve on the board of the Delaware Credit Union League at the League’s 57th annual meeting.
GRAND RAPIDS, Mich.—CU*Answers has created Earnings Edge, a division of its Managed Services, dedicated to helping credit unions grow, solve, and earn.
ALEXANDRIA, Va.—NCUA will make up to $2 million available to low-income credit unions in the second round of Community Development Revolving Loan Fund grants for 2015, the agency announced Monday.
GLENS FALLS, N.Y.— Michael Howard former Parks Heritage FCU CEO, has been charged with 12 felonies for allegedly stealing an estimated $9,000 from the $27-million CU.
KENILWORTH, N.J.—The Atlantic FCU here has selected Bluepoint Solutions for its document imaging suite, FASTdocs, for enterprise content management (ECM).
LAS VEGAS—CU Direct has filed for a patent on a loan beacon device. Beacon technology uses low-powered, low-cost transmitters such as Bluetooth that can notify nearby smart devices, most especially phones, of specific information and offers, such as when a person is inside an auto dealership or a store.
LAS VEGAS—Seeking to get to the “Holy Grail” of new membership, CU Direct has made a majority investment in Intuvo, a Scotts Valley, Calif.-based provider of an automated software platform for personalized marketing via email, direct mail and sales force automation.
WASHINGTON--The Federal said it will impose fines totaling more than $1.8 billion against six major banking organizations for their unsafe and unsound practices in the foreign exchange (FX) markets.