NCUSIF Shows Big Increase in Reserves For Losses at Year-End 2017 02/15/2018 11:57 am ALEXANDRIA, Va.-The National Credit Union Share Insurance Fund shows a significant increase in reserves to reflect “probable and estimable” losses by specific credit unions, which is widely believed to refer to losses by CUs that made loans for taxi medallions that have plummeted in value.
Apple Pay In Partnership To Create ‘Buy Now’ Button 02/19/2018 08:05 pm CUPERTINO, Calif.—Apple Pay is partnering with Volusion, an e-commerce platform for small businesses, to create a "Buy Now" button for its merchants.
After Career In Credit Union Posts Around the World, Kitsch Announces Retirement Date 02/19/2018 08:33 pm MADISON, Wis. – Lois Kitsch, whose diverse career has included credit union-related posts around the world, including in war-torn areas, has announced plans to retire from the National Credit Union Foundation.
Firefly Hots Employee Recognition Event 02/15/2018 12:00 pm BURNSVILLE, Minn.–Firefly Credit Union recently celebrated an Employee Recognition and Collaboration Event where it honored the Employee of the Year and four Core Value Award winners.
Two CUs Part Of Pilot Test In Which Rent Payments Used To Build Credit Scores 02/19/2018 08:10 pm BROOKLYN, N.Y.–Two credit unions here have partnered with New York City Comptroller Scott M. Stringer on a pilot program aimed at helping people to use their rent payments to boost their credit scores.
NCUA Board Votes to Return $735 Million to CUs in Q3 02/15/2018 07:58 pm ALEXANDRIA, Va.–In what was referred to as a “historic day” that “no one thought would ever come,” the NCUA board has voted in favor of making an equity distribution to credit unions from the NCUSIF of $735.7 million to be paid in the third quarter of this year.
Chula Vista City Employees Converts to CU*Northwest For Core 02/15/2018 01:00 pm CHULA VISTA, Calif.–Chula Vista City Employees Credit Union here has converted to the CU*BASE data processing system from Liberty Lake, Wash.-based CU*NorthWest.
Trades React To NCUSIF Equity Distribution 02/15/2018 01:23 pm ALEXANDRIA, Va.—NCUA’s decision today to return $735.7 million to CUs from the National Credit Union Share Insurance Fund in the third quarter of 2018 is not enough, according to NAFCU, while CUNA said it is still evaluating the distribution.
St. Mary’s Honors Employee Contributions as It Intros New Volunteer Time Off Program 02/20/2018 12:00 pm MANCHESTER, N.H.– During 2017, St. Mary’s Bank employees generously donated 3,152 volunteer hours valued at $78,479.
America's Christian CU Wins Philanthropy Award 02/15/2018 03:00 pm GLENDORA, Calif.–America’s Christian Credit Union (ACCU) was recognized by the Council for Christian Colleges and Universities with the 2018 Philanthropy Award at the 2018 CCCU International Forum in Grapevine, Texas.
