Governor, Congressman Hold Press Conference at CU to Unveil ‘Roadmap’ for Serving Pot Biz 02/03/2020 07:52 pm ARVADA, Colo.–Colorado Gov. Jared Polis and Rep. Ed Perlmutter (D-CO) were part of a press conference held at Partner Colorado Credit Union here where they were joined by CU executives and the Colorado Department of Regulatory Agencies (DORA), which has released a “roadmap” to provide clarity and guidance for state-chartered financial services providers that serve or seek to serve legal cannabis-related businesses.
With High Suicide Rate Among Young People in State, Ent Donating $1.2M to Support Mental Health 02/03/2020 07:54 pm DENVER – With suicide the leading cause of death for Coloradans ages 10 to 24, Ent Credit Union said it is donating $1.2-million over the next three years to Children’s Hospital Colorado to support mental health services in the hospital’s care network across the state.
Inclusiv Departs from Other CU Groups; Says It Supports Current CFPB Structure 02/03/2020 07:51 pm NEW YORK–Inclusiv has parted with other credit union trade groups in saying it supports the CFPB’s current single director structure.
NAFCU CEO Responds to ‘Persistent Attacks’ by Bankers in Letter to Congress 02/03/2020 07:54 pm WASHINGTON—In response to a letter from the Independent Community Bankers of America and “persistent attacks” by bankers, NAFCU President and CEO Dan Berger has sent a letter of his own to lawmakers in the House and Senate to “set the record straight” on credit union-bank mergers.
CFPB to Establish New Category of Compliance Materials 02/03/2020 07:51 pm WASHINGTON—The Consumer Financial Protection Bureau announced it intends to establish a new category of materials that are similar to previous compliance materials but will now be designated “Compliance Aids.”
Two Massachusetts CUs Announce Merger Plans 02/03/2020 07:51 pm WALTHAM, Mass.–Two Massachusetts credit unions are merging. Members of Waltham Municipal Employees Credit Union have approved a merger with RTN Federal Credit Union, headquartered in Waltham. The merger is effective Feb. 1.
Six CUs Agree to Late-Filing Penalties for 2Q 19 02/03/2020 07:52 pm ALEXANDRIA, Va.– Six federally insured credit unions subject to civil money penalties for filing late Call Reports in the second quarter of 2019 have agreed to penalties of $2,259, NCUA announced Monday.
Sterling FCU Announces Bonus Dividend, Loan Interest Refund 02/03/2020 07:49 pm STERLING, Colo.–Sterling and Fort Morgan FCU has announced a bonus dividend and loan interest refund for its members.
Time To Make Strides In Using Rich Member Data 02/04/2020 07:51 pm TAMPA, Fla.—When it comes to leveraging member data, 2020 needs to be the year credit unions do things they’ve never done before, says Tom Davis, making clear those efforts are not limited to just large CUs.
4 Agency Marketing Partnership Awards Free Services to Harrison FCU 02/04/2020 04:05 pm GREENVILLE, S.C. – Your Marketing Co., uncommn Marketing Partners, Your Credit Union Partner, and Leverage Point recently announced Harrison FCU is the winner of the group’s first CU Impossible contest.