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MALVERN, Penn. –– Akcelerant, a Temenos company and provider of software and services to the financial industry, reported that Pennsylvania State Employees Credit Union (PSECU) has signed as an Akcelerant Framework loan origination customer.

MUSKEGO, Wis. — Corporate Central CU here has launched InterLutions LLC, a CUSO that will focus on business solutions for the credit union community, starting with healthcare services.

WASHINGTON–CUNA told the Committee on Ways and Means that it is greatly concerned with the mortgage reporting offset included in the Highway and Transportation Funding Act of 2015.

DENVER–One analyst who believes NCUA oversight over third-party vendors is inevitable is encouraging credit unions to drive the process rather than letting regulators do so.

WASHINGTON–In her semi-annual appearance before Congress yesterday, Federal Reserve Board Chairman Janet Yellen indicated the Fed is not poised to raise interest rates, but again hinted it might prior to year-end.

WASHINGTON–A bill has been filed in Congress that would exempt all financial institutions of $10 billion or below in assets from the rules and regulations promulgated by the CFPB.

NEW YORK–HSBC Holdings has lost a court decision in which it sought to have a lawsuit dismissed against it that had been filed by NCUA.

DENVER–Low-overhead and low-rate online lenders, combined with new entrants into the financial services space such as Google, are elbowing in on CUs’ core business, forcing credit unions to rethink their approach to lending, assert two analysts.

ALEXANDRIA, Va.—NCUA Thursday liquidated Lakeside Federal Credit Union in Hammond, Ind.

WASHINGTON–In advance of today’s House hearing by the Committee on Financial Services on the NCUA budget, CUNA, NAFCU and NASCUS have filed comment letters calling on Congress to address with NCUA everything from the revised RBC proposal to third-party vendor authority to the overhead transfer rate to exam cycles.