Fresh Today

Fresh Today

ARLINGTON, Va.—The National Association of Federal Credit Unions has launched a new membership video initiative, “Together We Are Strong,” to encourage credit unions to join the association in the fight against regulatory burdens, which it said are “strangling the industry, and the growing challenges from Wall Street banks.”

MADISON, Wis.–CUNA has promoted Jill Tomalin to deputy chief of staff, adding the title to her current role as chief operating officer. CUNA said that she will “advise CUNA President and CEO Jim Nussle and Chief of Staff Rich Meade in leading and managing all operations of CUNA.

MARLBOROUGH, Mass. –The $5.6-billion Digital FCU here has named the winners of its second annual DCU Innovation Contest, which challenges students at the University of Massachusetts-Lowell to develop an idea or product that could make a difference in the financial services industry.

SASKATOON, Saskatchewan—The Saskatchewan Environmental Society has won a $50,000 prize from Affinity Credit Union’s Business for Good Social Venture Challenge.

ATLANTA–Georgia's 136 credit unions experienced continued loan growth in the third quarter of 2014, enjoying the highest third quarter jump in more than a decade, according to data released by Georgia CU Affiliates.

BOSTON–During a roundtable discussion here with credit unions from Massachusetts, Rhode Island and New Hampshire, NCUA board member J. Mark McWatters reiterated his call for continued dialogue and communication between the regulator and the regulated.

ALEXANXDRIA, Va.—Following the loss of a flash drive full of member data by an NCUA examiner, the agency said it is forming a new team to investigate procedures and is mulling changes to data transfers.