CU Plans to Sell HQ, But Only If Allowed To Stay On Site 06/20/2019 09:21 pm SOUTH BOSTON, Mass.–Mass Bay Credit Union is putting its South Boston headquarters on the market, but with a caveat: any sale and redevelopment must include the credit union staying on the site.
Two More Credit Unions Join CU REVL 06/20/2019 07:56 pm TUSCALOOSA, Ala.—Alabama Credit Union here and Educators Credit Union of Waco, Texas, have joined CU REVL as referral affiliates, the CUSO announced.
Missoula FCU Announces Name Change 06/20/2019 07:58 pm MISSOULA, Mont.–Missoula FCU here said it will change its name in September. To reflect its expanded FOM beyond Missoula County, the CU announced it plans to change its name to Clearwater Credit Union, effective Sept. 3.
San Diego County CU Shreds Its Own World Record For Paper Shredding 06/20/2019 07:59 pm SAN DIEGO—San Diego County Credit Union said it has set a new Guinness world record for the most paper shredded in eight hours.
State Regulators Express Explicit Support For Fed Legislation Around Cybersecurity, Cannabis Banking 06/20/2019 08:02 pm ARLINGTON, Va.–The National Association of State Credit Union Supervisors (NASCUS) and its Credit Union Advisory Council have approved new policies addressing cybersecurity and cannabis banking.
Provision Would Repeal Tax On CU Comp Plans 06/20/2019 08:04 pm WASHINGTON—A provision in the Economic Mobility Act of 2019 that would repeal the 21% excise tax imposed on certain not-for-profits’ fringe benefits and compensations plans that has been passed by the House Ways and Means Committee, a move that has drawn praise from NAFCU.
NAFCU AC&E Coverage: CUs In Lawyers’ Sights With Class Actions 06/20/2019 08:04 pm NEW ORLEANS—Don’t expect the wave of class actions lawsuits against credit unions to recede anytime soon, say experts who warn CUs lawyers are zeroing in where they see for their “deep pockets.”
NAFCU AC&E Coverage: Is Your Digital App Effective, Or Just Art? 06/20/2019 08:04 pm NEW ORLEANS—A digital app may look great, but if it doesn’t deliver a great experience and solve a need, it’s simply “art,” asserts Rahm McDaniel.
Westerly Community Supports Grants for Teachers 06/25/2019 09:11 pm WESTERLY, R.I.–Westerly Community Credit Union announced its WCCU Teacher Grant Program will be awarding $7,500 in grants, in values up to $500, for the upcoming 2019/20 school year.
Are Bosses Opening The CU's Doors To Crooks? 06/20/2019 08:24 pm SAN DIEGO—It’s time C-Suite executives give up some of the keys to their company’s data systems, as crooks are going after those at the top–or more specifically, their broad administration rights.