Universal 1 CU Names Successor to Retiring President/CEO 05/04/2021 07:39 pm DAYTON – Universal 1 Credit Union has named a successor to President/CEO Loren A. Bush, who plans to retire in October.
Two Texas Credit Unions Announce Merger Plans 05/04/2021 07:39 pm SAN ANTONIO–Two Texas credit unions have announced a merger. The $60-million First Class American Credit Union and its 6,000 members has merged into the $300-million United Texas Credit Union in Fort Worth.
CO-OP Records $156 Million Unrealized Gain from Investment in Alkami Following IPO 05/04/2021 09:00 pm RANCHO CUCAMONGA, Calif.–CO-OP Financial Services is reporting an unrealized gain of $156-million based on its investment in Alkami, which held an initial public offering (IPO) on April 14.
2 National Consumer Groups, 2 CUs Say NCUA CUSO Proposal Will Allow ‘Predatory Lending’; Poses ‘Severe Reputation Risks’ 05/04/2021 09:00 pm WASHINGTON–Two national consumer groups and two credit unions said NCUA’s new CUSO proposal would allow CUSOs to engage in predatory lending that is explicitly illegal for federal credit unions.
SWBC Acquires Auto Claims Division of DIMONT 05/04/2021 08:05 pm SAN ANTONIO—SWBC has acquired the auto claims division of Dallas-based DIMONT, the largest provider of specialty insurance and loan administration services to the residential mortgage and auto finance industries.
CU Evolution Hires Carlson as Marketing Strategist 05/05/2021 10:18 am CROSS ROADS, Texas – CU Evolution has hired Shelley Carlson as a marketing strategist.
USF Federal Credit Union Names Sianis Chief Member Experience Officer 05/05/2021 08:49 am TAMPA, Fla.--USF Federal Credit Union has hired Kathy Sianis as the organization's Chief Member Experience Officer.
