What! Concerns Over Risk Management, Reg Compliance Actually Decline 11/10/2016 08:20 pm MINNEAPOLIS–In a surprising twist, regulatory compliance and risk management concerns have collectively dropped for the first time in a survey of financial institution executives.
Another Former NCUA Chair Sees Changes Coming For Agency, CFPB 11/10/2016 08:20 pm WASHINGTON—Count Michael Fryzel as among those who believe the results of Tuesday’s elections could lead to the resignation of CFPB Director Richard Cordray and a reduction in the regulatory burden facing financial institutions.
Following Storm, Pelican State Refunded Fees, Deferred Payments 11/03/2016 08:14 pm BATON ROUGE, La.–Pelican State Credit Union has refunded more than $30,000 in fees and deferred over 1,400 loan payments to help its members who were affected by the devastating flooding here.
CU’s Free Gas Giveaway (And Refi Offer) Has Cars Lined Up 11/03/2016 08:14 pm HIGHLAND PARK, Mich.—Cars lined up for blocks and drivers waited hours Wednesday for free gas from One Detroit Credit Union.
What Donald Trump’s Election Could Mean For Future Of Rates 11/10/2016 08:21 pm WASHINGTON—Donald Trump’s victory in the presidential election could disrupt plans for an anticipated interest rate increase next month by the Federal Open Market Committee, according to NAFCU’s Chief Economist and Director of Research, Curt Long.
Robbery At CU Leaves Alleged Robber Dead 11/03/2016 08:14 pm WEST JORDAN, Utah—A robbery at a branch of Mountain America CU here ended in the fatal shooting of the alleged thief.
Get To 'Yes' Or 'No' Faster On Loans, Here's Why 11/10/2016 08:22 pm ONTARIO, Calif.—When it comes to making loans, credit unions need to get to “yes” or “no” a lot faster, asserts one analyst.
CUNA White Paper Examines How Elections Could Play Out For CUs 11/10/2016 11:15 pm WASHINGTON–CUNA has released a white paper that examines in some depth what the recent elections might mean to paper.
REACH Coverage: CU Direct Lenders Now #2 In U.S.; Leagues Announce Awards 11/03/2016 08:15 pm LAS VEGAS–Credit unions on the CU Direct loan platform are now the number two auto lender in the United States, having just passed Ally Bank, according to Tony Boutelle, CEO of CU Direct.
ETFCU To Purchase First Liberty Financial Mortgage 11/13/2016 05:31 pm EVANSVILLE, Ind.—Evansville Teachers FCU plans to purchase First Liberty Financial Mortgage, a move the credit union expects will almost double monthly mortgage production.