GRESHAM, Ore.—Rivermark Community Credit Union has opened a new branch here that is heavy on technology, including interactive tellers who are available via video-conferencing at ATM-like kiosks, and a new “technology bar” that includes a selection of devices preloaded with Rivermark’s online banking apps.
Fresh Today
HARRISBURG, Penn.—The Pennsylvania Credit Union Association is reporting that there are now 164 shared branches in the Keystone State, the latest growth due to the merger of Kennametal Employees FCU into Clearview FCU.
PLANO, Texas—After three consecutive quarters of growing confidence in the economy, credit union CEOs’ optimism took a small step backward, according to Catalyst Corporate Federal Credit Union’s Third Quarter 2014 Credit Union CEO Confidence Survey. The pessimism comes at the same time credit unions are reporting robust numbers, as can be seen here.
SEATTLE—Equality Washington, which is seeking to open a credit union for the lesbian, gay, bisexual, transgender and queer communities, has launched a crowd-funding campaign that is seeking to raise $50,000 to be used as it works to quality for a charter.
WASHINGTON—The Senate Banking Committee will be holding a hearing today on “The Federal Housing Finance Agency: Balancing Stability, Growth, and Affordability in the Mortgage Market.”
WASHINGTON—Lawmakers are concerned that the Federal Housing Finance Agency’s proposal to revise Federal Home Loan Bank membership criteria could jeopardize the banks’ liquidity functions for credit unions and community banks.
WASHINGTON—Consumers are paying their mortgages on time at a rate not seen since pre-recession.
GOLDEN, Colo.—The board of the $5.3-million Blue Spruce FCU has voted in favor of merging into Coors Credit Union.
MADISON, Wis. –To further protect credit union fidelity bond policyholders and reduce their loss exposures, CUNA Mutual Group said it has introduced an intuitive online tool that provides executive-level risk insights unique to a particular credit union.
EAST LANSING, Mich.—Michigan State University FCU has announced plans to double the size of its headquarters building as part of a $46-million project.