TruChoice FCU The Choice For Smaller Credit Union In Merger 01/06/2015 08:37 pm PORTLAND, Maine—The $93-million TruChoice FCU has acquired the $7-million Portland Police Department FCU.
Court: Goldman Sachs Can’t Force NCUA To Arbitration 12/25/2014 05:32 pm NEW YORK—Goldman Sachs & Co. can't force the National Credit Union Administration to arbitrate a dispute over a sale of mortgage-backed securities, despite the existence of a mandatory arbitration clause, according to a report in Law Litigation Daily.
NCUA Publishes Q&A On Its Budget 01/06/2015 08:38 pm ALEXANDRIA, Va.—NCUA has published an updated list of FAQs regarding its budget.
CUNA Weighs In On NCUA’s Corporate CU Proposal 01/06/2015 08:38 pm WASHINGTON—CUNA is supporting NCUA’s proposal to amend Part 704 of its regulations on corporate CUs, but it is asking the agency to address issues outside of the proposal, including the role of corporate credit unions in providing liquidity to natural-person credit unions.
Report: Lenders Reaching Down Deeper Into Credit Scores 01/06/2015 08:39 pm WASHINGTON—A new report provides more proof that lenders are reaching down deeper into credit scores.
The Other (Disruptive) Implications of Digital Technologies 12/26/2014 10:11 am BOSTON AND NEW YORK -- Extensive use of digital technologies is expected to support the implementation of advanced shared services models across a broader range of business functions over the next several years, according to new joint research from Accenture and HfS Research.
Breaches Meant Little Humbug For Consumers 01/06/2015 08:39 pm BIRMINGHAM, Ala.—A new study shows that the rash of data breaches in the past year had little impact on holiday shopping.
NCUA Shares 2105 Supervisory Priorities 01/07/2015 10:33 am ALEXANDRIA, Va.—Cybersecurity, interest rate risk, Bank Secrecy Act (BSA) compliance and liquidity funding are at the top of NCUA’s supervisory priorities for 2015, according to a Letter to Credit Unions (15-CU-01) sent Tuesday.
IDS.com Partners With Geezeo, SMA Solutions 01/07/2015 11:05 am MADISON HEIGHTS, Mich.—IDS.com (Intelligent Document Solutions) has entered into an new alliances with several companies, in both cases doing so to further what it called a “shared vision and commitment of providing unparalleled customer service and best-of-industry solutions.
Genisys CU Makes A Difference 12/26/2014 10:15 am AUBURN HILLS, Mich.—Genisys Credit Union said it was determined to make a difference in the lives of many families this holiday season--and it did.