AUSTIN, Texas—The Texas Senate State Affairs Committee has accepted the recommendation of the House and voted to keep the Texas Credit Union Department's Sunset review date in 2021.
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BIG SPRING, Texas—Cosden Federal Credit Union has named a new president/CEO.
WASHINGTON—Jeremiah O. Norton has submitted his resignation as director of the Federal Deposit Insurance Corporation, effective June 5. Norton has held the post since April of 2012.
DOVER, Del.—The Delaware League has named as its Professional of the Year, a person it says lives by the adage “It is better to give than to receive.”
BEAVERCREEK, Ohio—The $3.6-billion Wright-Patt CU closed its 3560 Pentagon Blvd. office Friday morning due to a bomb threat, which apparently turned out to be a hoax.
ST. PAUL, Minn.—A bill that allows credit unions in this state to offer prize-linked savings (PLS) accounts passed the Minnesota Senate on a unanimous vote.
IRVINE, Calif.—Home prices, including distressed sales, increased by 5.9% in March, compared with the same period last year, according to CoreLogic’s Home Price Index.
COLORADO SPRINGS, Colo.—CO-OP Financial Services announced it will be offering $9.1 million to its member credit unions to help subsidize costs related to converting to EMV cards in advance of the liability shift deadline of Oct. 1.
SAN FRANCISCO—The meteoric growth of smartphone and tablet adoption and the highly touted Apple Watch rollout are propelling momentum for push notifications to be central in consumers’ lives sooner than many expect, according to new analysis by Javelin Strategy & Research.
BOSTON—A new study finds that while the majority of organizations are engaging in data migrations, they face significant challenges that affect the success of their projects.