Concerns Over FCC’s ‘Extremely Narrow Reading’ Expressed by CUNA 06/05/2016 05:58 pm WASHINGTON—CUNA Friday sent a comment letter to the Federal Communication Commission sharing its concerns over the FCC’s implementation of the Bipartisan Budget Act of 2015.
Mortgage Rates Tick Up Just A Bit 06/05/2016 05:58 pm WASHINGTON–Freddie Mac reports mortgage rates increased just a bit over one week earlier.
Where Cloud-Based Solutions Are Showing Down-to-Earth Payoff 05/26/2016 07:56 pm BROOKFIELD, Wis.—New, more affordable cloud-based solutions are integrating branch communications, boosting cross sales and member service as well as the entire expertise of the office.
Three Credit Unions Name New CEOs 06/05/2016 05:59 pm ROCKLAND, Maine–Three credit unions have announced new CEOs.
What's Changing How CUs Invest In New Facilities 05/26/2016 07:58 pm CHICAGO—Increasing pressures on credit union management for their time, much of that resulting from growing regulation, is prompting CUs to change how they invest in building and renovating facilities, one company asserts.
Hensarling Says Legislation Coming To Replace Dodd-Frank 06/05/2016 05:59 pm WASHINGTON–Rep. Jeb Hensarling (R-TX) has renewed his call for replacing the Dodd-Frank Act and suggested that in the weeks to come new legislation will be forthcoming.
April’s Numbers Continue The Growth Trends 06/05/2016 06:00 pm WASHINGTON—Credit unions continued their strong membership growth in April, according to CUNA’s monthly credit union estimates.
Redwood CU Joins With Banks To Create Lending Pool For Start-Ups 05/26/2016 08:05 pm SANTA ROSA, Calif.–Redwood Credit Union said it has entered into a unique partnership with seven local lending institutions that have pledged to invest $250,000 to create the Sonoma County Loan Fund: a micro lending pool for startup and expanding entrepreneurs who typically do not qualify for traditional financing.
13-Million New Members Added Over Last 5 Years; Loans Up 10% Year Over Year, NCUA Data Show 06/05/2016 06:00 pm ALEXANDRIA, Va.––At the end of Q1, credit union loans outstanding had increased 10.7% over the same time one year earlier, according to data released by NCUA.
Fintech Could Pursue A Bank Charter 05/26/2016 08:06 pm SAN FRANCISCO–A fintech start-up here, Varo Money, could in the future also seek its own bank charter.