Advanced search


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.

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.”

LOS ANGELES—With an eye on cutting expenses, three state CU associations are getting closer to launching a combined back office.

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.

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.

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.

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.