Advanced search

GRAND RAPIDS, Mich.­–CU*Answers Imaging Solutions in partnership with eDOC Innovations announced Auto-Owners Associates Credit Union in Lansing, Mich and MUNA FCU in Meridian, Miss. as the winners in their “Race to be the 1^st Place eCloser” contests. 

HOBOKEN, N.J.–A new survey shows Americans haven’t been frightened away from spending even more on Halloween this year than last.

WASHINGTON—Federal Reserve Gov. Lael Brainard has offered her perspective on how fintech might change the way the financial industry meets the needs of underserved consumers and improve financial inclusion. Brainard said she is "cautiously optimistic” about the prospects.

NEW YORK/LONDON/HONG KONG–It isn’t just credit unions warily watching emerging competition from fintechs and other players.

LANSING, Mich.—The Michigan Department of Insurance and Financial Services has issued an order authorizing all Michigan-state chartered credit unions to invest, without limitation, in the obligations of government sponsored enterprises (GSEs) as long as it is in a safe and sound manner.

BASEL, Switzerland- The Basel Committee on Banking Supervision has issued a revised Stress Testing Principles standard that will significantly reduce the regulatory burdens of stress tests on credit unions and other community-based financial cooperatives, according to the World Council of Credit Unions.

COLUMBIA, S.C. – What exactly is “DOMOTO?” It’s the theme being used on billboards and in television commercials in this market sponsored by South Carolina FCU.
The billboards promote a partnership between the credit union and businesses in the market, with DOMOTO an abbreviation for “Do More Together.”

WASHINGTON–What will the pending CECL rules mean for banks in the U.S. once they are implemented? The United Kingdom’s banks may offer a preview.

GHOST ACCOUNTOWN, USA–It’s Halloween, and it isn’t just mysterious apparitions that haunt some credit unions—it’s unshakeable memories of poor management, bad loans and even a comedy club event gone bad.