California, Nevada Leagues In Partnership With Fin Ed Company 08/18/2016 08:09 pm ONTARIO, Calif.–The California and Nevada Credit Union Leagues reported they have partnered with education technology company EverFi to bring digital financial education to 70 member credit unions and the communities they serve.
Corporate Central Releases Online Videos About I-Care, Its Group Medical Program 08/18/2016 08:09 pm MUSKEGO, Wis.–InterLutions, Corporate Central Credit Union’s wholly owned CUSO, has released an online video campaign that introduces what it calls a “revolutionary group medical program just for credit unions,” I-Care.
Two Corporates Form Partnership Around Check Writing, Deposits 08/18/2016 10:33 pm NAPERVILLE, Ill. and PLANO, Texas–Alloya Corporate FCU and Catalyst Corporate FCU reported they have formed a strategic partnership to ensure that credit unions across the United States can continue to offer check writing and check deposit services to their members “well into the future.”
Sievewright To Exit Fiserv’s CU Solutions; Brennan Named To Lead Organization 08/18/2016 08:13 pm BROOKFIELD, Wis.–Mark Sievewright, president, Credit Union Solutions with Fiserv, will be stepping down in spring 2017 after 11 years at the company due to personal business interests.
NCUA’s Metsger Talks Implementation of CECL 08/18/2016 08:13 pm WASHINGTON—NCUA Chair Rick Metsger told CUNA that the agency has begun the process of consulting “industry practitioners” to assist in the transition as credit unions work to implement the new current expected credit loss (CECL) accounting standard, the trade association reported.
CUNA Mutual Intro’s New Variable Annuity, MEMBERS Horizon 08/18/2016 08:19 pm MADISON, Wis.–CUNA Mutual Group said it is helping credit union members better meet their financial goals with the launch of MEMBERS Horizon – a variable annuity combining market-driven growth potential with personalized risk control to safeguard against dramatic market fluctuations.
Michigan Credit Union Placed Into Conservatorship 08/18/2016 08:19 pm SAGINAW, Mich.—The Michigan Department of Insurance and Financial Services has placed Valley State CU here into conservatorship, according to an order issued by the DIFS.
Minutes Show Division At Fed Over Raising Rates 08/18/2016 08:19 pm WASHINGTON—The minutes of the Federal Open Market Committee’s July meeting show divisions within the committee on how plans to raise interest rates should be tied to data.
New Industry Record Is Set 08/18/2016 08:19 pm WASHINGTON–Credit unions in Iowa, Arkansas, Ohio, Mississippi and Maine lead the credit union industry when it comes to mortgage loan growth, according to analysis of nearly 6,000 credit unions reporting second quarter 2016 data.
Who Is That New, Mysterious Member? Could Be The CFPB 08/18/2016 08:23 pm WASHINGTON—The CFPB has disclosed it has been using “mystery shoppers,” or its own undercover investigators, posing as customers inside banks as it investigates discrimination in lending practices.
