ST. PETERSBURG, Fla.—The board of PSCU has issued a statement stressing that the organization has a solid strategic plan in place and will continue to execute it in the wake of the departure of former CEO Mike Kelly.
Fresh Today
NAPERVILLE, Ill.– Three companies have come together to offer what they said is a comprehensive and cost-effective mobile solution company, CU Mobile Apps.
MINNEAPOLIS—It isn’t just financial institutions paying a price for the Target breach; the company itself is estimating its total related costs are now approximately $252 million.
SAN JOSE, Calif.—In a move analysts say indicates PayPal isn’t giving up on payments in brick-and-mortar stores, eBay’s payment unit plans to acquire payments platform Paydiant.
WASHINGTON—Legislation that would raise the cap on member business loans for federal credit unions has once more been introduced in Congress. Rep. Ed Royce (R-CA) and Rep. Greg Meeks (D-NY) are cosponsoring the “Credit Union Small Business Jobs Creation Act of 2015.”
WASHINGTON—Rep. Mick Mulvaney (R-SC) has introduced legislation that would require the Government Accountability Office to study almost every aspect of NCUA’s budgeting and expenditure practices.
WASHINGTON—The House has approved a one-week extension of funding for the Department of Homeland Security, meaning credit unions that have put together relief packages for DHS workers will have a few extra days before having to deploy them.
ROME, Ga.—Coosa Valley Credit Union has named Andy F. Harris as its new president/CEO.
LYNCHBURG, Va.—Authorities are now saying that as much as $1.7-million is missing from the $10.4-million Centra Health Credit Union here following an investigation that began in late 2014.
MADISON, Wis.—The National CU Foundation is inviting credit union organizations to hold a Financial Fitness Day fundraiser on April 1, 2015 to kick off National Financial Literacy Month and National Credit Union Youth Month.