CCCU Searches For Mysterious Cash Donor 10/14/2014 02:07 pm FARMINGTON HILLS, Mich.—Community Choice CU has narrowed down the suspects, or at least the motive, when it comes to the mysterious envelope it received stuffed with $1,000 in cash.
And Now For Something Completely Different 10/20/2014 11:50 pm LOS ANGELES—Here’s a statement credit unions in this state and its neighboring Nevada would not have heard just a few years ago. “We have higher average ROA than the national average,” announced Diana Dykstra, CEO of the league that serves both those states. “We haven’t been able to say that for a while.”
Joint league Backoffice Gets Closer 10/20/2014 11:56 pm LOS ANGELES—With an eye on cutting expenses, three state CU associations are getting closer to launching a combined back office.
CUs Enjoy Highest OD Opt-In Rates 10/21/2014 05:55 am LAKE FOREST, Ill.—A new study of overdraft opt-in rates indicates that the higher the overdraft price the lower the opt-in rate—and that the bigger the institution, the higher the OD charge.
The Intangibles, The Tangibles And The Impossible To Answer 03/03/2015 09:24 am CSCU President/CEO Bob Hackney offers his insights on management, leadership and lessons learned as part of CUToday.info's The Corner.
CUs Rushing To Enroll In Apple Pay 10/28/2014 05:59 pm MOUNTAIN VIEW, Calif.—A new report is suggesting credit unions are rushing to sign on with Apple Pay, with CUs comprising the majority of institutions enrolled with the new payments alternative, according to a website that purports to have a list of those institutions.
NCUA Issues Proposed Rule Regarding Loans In Flood Areas 10/26/2014 04:11 pm WASHINGTON—NCUA is among five federal agencies that have issued a joint notice of proposed rulemaking to amend regulations pertaining to loans secured by property located in special flood hazard areas.
TMG Intros ‘Highly Targeted’ Real-Time Fraud Scoring 10/26/2014 04:12 pm DES MOINES, Iowa—The Members Group has announced the availability of what it is calling a “highly targeted fraud scoring solution” now available to its MasterCard-issuing credit unions.
Fed Issues Stress Testing Supervisory Scenarios 10/26/2014 04:12 pm WASHINGTON—Perhaps an indicator of what credit unions might face down the road, the Federal Reserve Board has issued the supervisory scenarios that will be used in the 2015 capital planning and stress testing program.