MADISON, Wis.—The Filene Research Institute and CUToday.info will launch “Innovation Week” beginning Monday, April 20, featuring an expanded look at innovations, the innovation process and credit union teams that have developed new products and applications.
MADISON, Wis.—Credit union membership was “on a tear” during February, according to analysis in CUNA Mutual’s latest Trends Report, which is offering a prediction for where total membership will be at year-end 2015.
NEW YORK—What are the average costs for a data breach? One company claims to have developed an accurate assessment model.
ORLANDO, Fla.—It does not appear likely a credit union in Colorado that would serve the state’s marijuana industry will be approved for federal deposit insurance any time soon, judging from comments made by one NCUA board member.
BURLINGTON, Vt.—Vermont FCU has selected Insuritas to provide it with a turnkey insurance program.
MILWAUKEE, Wis.—Richard Jungen, the founder of Central States Mortgage, which was approximately 80% owned by credit unions in this state before it shut down, has been sentenced to one year and one day in jail for what one prosecutor said was “enriching himself and his friends at the expense of the credit unions who placed their trust in him.”
NEW YORK—A new report reveals that while cyberattacks are becoming increasingly sophisticated, many criminals still rely on decades-old techniques such as phishing and hacking.
TORONTO—At least one mortgage broker here has called for a boycott of Meridian Credit Union after it has refused to allow its broker partners access to a 1.49% mortgage product it is offering.
BURNSVILLE, Minn.—US Federal Credit Union is reporting that since it began offering its financial education and counseling services through a partnership with Lutheran Social Service (LSS) in January of 2007, its members have paid off $2.1 million in debt through the debt management program.
AKRON, Ohio—Members’ growing reliance on e-services has BFG FCU consolidating two of its locations.
