Catalyst Loan Participation Program Tops $100 Million—Million$ More In Pipeline 01/13/2015 08:19 pm PLANO, Texas—Catalyst Corporate reported that since launch in 2014 its loan participation program has helped 41 CUs to buy and sell more than $100 million in loans.
Despite Apple Pay, 2015 NOT The Year Of The Digital Wallet 01/04/2015 05:33 pm SAN DIEGO—Apple Pay is generating greater interest in mobile payments among consumers, financial institutions and merchants, but don’t expect 2015 to be the year mobile wallets take off.
Top CU Mortgage Lenders Identified By Region 01/13/2015 08:19 pm RALEIGH, N.C. – A new report identifies the top 10 credit unions by mortgage volume in each of four U.S. regions.
Michigan’s Prize-Linked Savings Looking To Expand To Other States 01/13/2015 08:20 pm LIVONIA, Mich.—A prize-linked savings program pioneered by the Michigan CU League and its subsidiary, CU Solutions Group, is expanding into other states.
Cleaning Ladies Charged With Stealing Supplies, Member Data—From Police CU 01/13/2015 08:20 pm PITTSBURGH—Two women who worked as cleaning staff at Greater Pittsburgh Police Federal Credit Union here are accused of stealing credit union supplies and member data.
Pentagon FCU Grows By $1B; Expanding Into Northwest Florida 01/13/2015 08:25 pm ALEXANDRIA, Va.—After growing assets by nearly $1 billion in 2014, Pentagon FCU has announced plans to expand into Northwestern Florida.
Report: Banks Up Efforts To Small Biz, CUs Backing Away 01/13/2015 08:48 pm NEW YORK—A new report indicates that big banks continue to put their foot on the small business lending gas pedal while credit unions appear to be stalling.
NCUA Plans Webinar On Risk-Based Capital Plan 01/13/2015 08:33 pm ALEXANDRIA—NCUA will host a webinar on the agency’s revised proposed risk-based capital rule on Wednesday, Jan. 21, beginning at 2 p.m. ET.
Kinder, Gentler RBC Similar To Bank Rule 01/19/2015 07:53 pm NEW YORK—Analysis of the new risk-based capital proposal shows the revision has come a long way in reducing RBC’s negative competitive impact on credit unions, reports one analyst.
Dollar: New RBC Better, But Expect Many Comments 01/19/2015 07:54 pm BIRMINGHAM, Ala.—Dennis Dollar thinks most CU executives will see the new risk-based capital proposal getting more than two-thirds of the way toward becoming a solid final rule, but that the agency should still expect another large round of comments.
