Following Earthquakes, CUs Assess Damage, Offer Help to Members 07/10/2019 08:06 pm RIDGECREST, Calif.–Credit unions in this high desert region northeast of Los Angeles continue to assess damage, especially to members, in the wake of two strong earthquakes here.
Expect More Of These Threats, Says League 07/16/2019 08:59 pm LINCOLN, Neb.–Recent lawsuits filed by state banking groups challenging a field of membership expansion won’t be the last time Nebraska’s state-charters face such threats, says Scott Sullivan, president of the Nebraska CU League.
Mastercard Completes Acquisition of Cross-Border Payments Company 07/16/2019 07:49 pm PURCHASE, N.Y.–Mastercard has completed its acquisition of Transfast, a global payments company with significant cross-border network reach.
PenFed Named Top Veteran-Friendly Company 07/10/2019 09:15 pm TYSONS, Va.– PenFed Credit Union has been selected by U.S. Veterans Magazine as a Top Veteran-Friendly Company of 2019. T
Employee Arrested for Allegedly Taking Money From Member Accounts 07/16/2019 07:50 pm LAKE CITY, Fla.––An employee of VyStar Credit Union and her boyfriend have been arrested by police for allegedly removing nearly $50,000 from members’ accounts.
Checking Account Enhancement Firm Files Suit Against Suncoast CU 07/16/2019 07:50 pm TAMPA, Fla.–A Georgia-based financial services firm has filed suit against Suncoast Credit Union alleging it reneged on a contract, but the credit union is strongly denying the allegations.
SchoolsFirst Gets OK to Build New HQ Building, Branch 07/16/2019 07:50 pm TUSTIN, Calif.–The city of Tustin has approved plans by SchoolsFirst FCU to build a new three-story headquarters building at the site of its existing operations center at Newport and Del Amo avenues. The credit union is currently headquartered in Santa Ana, Calif.
Hyland Intro’s Solution to Better Automate Lending Process 07/10/2019 09:15 pm CLEVELAND–Hyland has launched a new solution it said it aimed at helping lenders better automate the lending process.
Sunmark FCU Seeks Charter Change, Ability to Reach Out of State 07/16/2019 07:51 pm LATHAM, N.Y.– Sunmark Federal Credit Union said it has applied to federal and state regulators to convert from a federal to a state-chartered credit union, with NCUA already signing off on the conversion pending completion of the application process between Sunmark and the New York Department of Financial Services.
NAFCU Offering 4 Webinars Over Next 2 Weeks 07/16/2019 07:51 pm ARLINGTON—NAFCU is offering four webinars in the next two weeks on issues it said are designed to help its member credit unions better prepare for challenges.