ONTARIO, Calif.—CU Direct, the nation’s leading provider of lending, automotive and strategic solutions to CUs, has announced nine new partnerships in which credit unions will be implementing CU Direct’s Lending 360 Loan Origination System (LOS) to improve the processes associated with originating, underwriting, and funding consumer loan applications.
MONTPELIER, Vt.—In conjunction with Earth Day yesterday, Vermont Gov. Peter Shumlin announced the expansion of the “Heat Saver Loan program,” which is available through two credit unions and which is aimed at helping Vermonters increase the efficiency of their homes and save money on their energy bills.
MOLINE, Ill.—After leading IH Mississippi Valley Credit Union for 18 years, CEO Dennis Hall plans to retire at the end of 2015.
KOKOMO, Ind.—Jason Baldwin has been named president and CEO of Haynes Community FCU here, replacing Wendell Propes.
LANCASTER, Texas—Another member of Neighborhood Credit Union has been surprised with a $10,000 award.
SEATTLE—A credit union designed specifically to serve the LGBTQ community has signed a letter of intent with an established credit union for a partnership, after also being courted by a federal credit union seeking to appeal to the LGBTQ community on a national level.
DAYTON, Ohio—Following four consecutive years of losses—one topping $1 million—the Ohio Division of Financial Institutions Thursday conserved the $27-million Montgomery County CU here.
ALEXANDRIA, Va. – In testimony before the House Financial Institutions and Consumer Credit Subcommittee today, NCUA’s Director of the Office of Examination and Insurance said the agency works hard to provide regulatory relief, and supports several bills that seek to give credit unions more flexibility.
WASHINGTON—NCUA’s Larry Fazio gave a hint in congressional testimony this morning that the NCUA board plans to offer more relief to federal CUs on field of membership than many may be expecting.
WASHINGTON—The House Financial Services Subcommittee on Financial Institutions will be holding a hearing today looking at the regulatory burden—from the regulator’s perspective. NCUA is expected to provide a witness.
