Charter Sought For New CU For Maine’s Farmers 12/18/2014 10:10 pm BANGOR, Maine—Two people here are seeking to obtain a charter to launch Maine Harvest Credit Union, the primary mission of which would be to help small farms to buy land and equipment.
How Much Does Fraud Cost? Most Marketers Are Unsure 12/18/2014 08:08 pm COSTA MESA, Calif.—A new survey indicates that 60% of marketers are unsure of the cost of fraud to their organization.
Homestead FCU Selects CU*Northwest, & Other Market News 12/15/2014 10:42 am LIBERTY LAKE, Wash.--CU*NorthWest, the 100% credit union-owned CUSO, reported that $3.6 million Homestead Federal Credit Union in Billings, Mont. has signed to convert to its core system in January of 2015.
IOLTA Law Signed By The President 12/18/2014 08:09 pm WASHINGTON – President Obama has signed H.R.3468, the Credit Union Share Insurance Fund Parity Act (IOLTA), into law. H.R. 3468 directs NCUA to issue a regulation extending share insurance to owners of the funds held in trust accounts opened and managed by credit union members.
Southbridge CU Selects Synergent Technology Services 12/15/2014 10:56 am PORTLAND, Maine--Synergent Technology Services reported that the $167-million Southbridge Credit Union has selected the Episys Core Processing Solution with Synergent Technology Services.
Matz Urges CU Exemption on DoD Proposal 12/18/2014 08:10 pm ALEXANDRIA, Va. –NCUA Chairman Debbie Matz asked the Defense Department to preserve the ability of federal credit unions to provide affordable credit alternatives to military members and their families.
Six People Arrested As Suspects In Robbery Ring 12/19/2014 09:37 am GRAND RAPIDS – Six people have been charged in connection with a credit union robbery ring that targeted several credit unions in the state.
Lease Penetration Could Reach One-Third of All Vehicles 12/19/2014 09:37 am CINCINNATI—It’s not just lower monthly payments driving leasing’s growing popularity, it’s the holiday season, according to one company that also expects lease penetration next year to reach 30% of all car sales.
Fox Communities Fills Vans With Toys 12/22/2014 05:23 pm APPLETON, Wis.-- Fox Communities Credit Union (from the Fox Cities area alone) sent 2 1/2 vans full of toys for the Toys for Tots drive, which is one more van full more than 2013.
Polish Regulator Seeks To Liquidate $684M CU, & Other Global CU News 12/17/2014 10:24 pm WARSAW, Poland—This country’s financial regulator, known by the abbreviation KNF, is seeking court approval to liquidate a large credit union here, SKOK Wolomin. Poland’s credit unions are known as SKOKs