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MONETT, Mo.­–Symitar, a unit of  Jack Henry & Associates, Inc., said more credit unions to expand outsourcing beyond the core, with a number of Episys clients move their IT infrastructure to a fully outsourced environment via Gladiator Hosted Network Solutions.

WASHINGTON—Federal Reserve Vice Chairman of Supervision Randal Quarles is acknowledging that implications of the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard aren't completely understood, but said the phased-in implementation of the standard should help mitigate issues.

ARLINGTON, Va.—Rising interest rates may have finally taken their toll on the optimism of credit union CEOs when it comes to lending.