LAS VEGAS—To mark its 65th anniversary, One Nevada Credit Union is giving away $65 to one random winner every day for 65 days.
Fresh Today
GENEVA, Switzerland –Temenos, a provider of solutions to the financial services industry, has acquired software provider Akcelerant, which has relationships with more than 600 financial institutions in North America, predominantly in the credit union space.
FORT MYERS, Fla.—Suncoast Credit Union is partnering with Florida Southwestern State College to build the Suncoast Credit Union Arena.
LACROSSE, Wis.—La Crosse Area Postal Credit Union’s members have voted to merge with Co-op Credit Union effective March 31. The merger has already been approved by regulators.
ALEXANDRIA, Va.—Pentagon FCU is reporting that it has made donations to charitable and other organizations totaling more than $400,000 in the first five weeks of 2015.
WASHINGTON—CUNA has sent a letter to the Federal Emergency Management Agency (FEMA) sharing concerns that proposed changes to one its standard forms could double the work and cost for credit unions and others that use the document.
WASHINGTON—During testimony at a congressional hearing, NCUA’s director of Examination and Insurance, Larry Fazio, said the agency plans to consider a proposal to raise the definition of a small credit union to $100 million in assets from the current $50 million in assets.
WASHINGTON—The Privacy Notice Modernization Act has been introduced in the Senate, joining a companion bill already in the House.
IRVINE, Calif.—There were 39,000 completed foreclosures nationwide in December 2014, down from 46,000 in December 2013, a year-over-year decrease of 13.7% and a decrease of 66% from the peak of completed foreclosures in September 2010, according to CoreLogic’s December National Foreclosure Report.
ALBUQUERQUE, N.M—A bill has been dropped in the New Mexico legislature that would require businesses to notify customers of data breaches when their credit information is stolen.