They Shot, They Scored: MACU, Jazz Fundraiser Pays Off 04/18/2019 02:02 pm SALT LAKE CITY–As the 2018-19 Utah Jazz regular season comes to a close, Mountain America Credit Union presented Huntsman Cancer Foundation with a $56,000 check as part of the Mountain America 3-point shot donation.
It’s Not Just CUs Scrambling To Keep Up With CECL 04/09/2019 07:55 pm AUSTIN, Texas – It isn’t just credit unions scrambling to get up to speed on the new current expected credit loss (CECL) standard from FASB.
Hopewell Federal Credit Union Hires Huddleston 04/18/2019 03:08 pm JOHNSTOWN, Ohio--Hopewell Federal Credit Union has hired Emma Huddleston as a teller.
PenFed's Eugene Service Center Announces Donations 04/18/2019 04:02 pm EUGENE, Ore.,– PenFed Credit Union’s Eugene Service Center announced its first quarter charitable donations totaling $15,000 will go to Lucky Paws Dog Rescue, Meals on Wheels Lane County and Volunteers In Medicine (VIM).
Impact Of Apple Card Uncertain 04/10/2019 06:49 pm RANCHO CUCAMONGA, Calif.—Analysts are divided on the impact the new Apple Card will have on financial services providers—some saying it’s a turning point in payments, while others call it just another credit card. But most agree credit unions will have to carefully monitor the potentially powerful new entry into the payments space.
Trump Memo Seen As Limiting Agency's Authority 04/18/2019 08:17 pm WASHINGTON—The new Trump Administration memo requiring independent federal agencies to submit any rules or guidance for review ahead of approval will limit NCUA’s authority and its ability to move quickly to address the movement’s needs, according to four former NCUA chairmen and board members.
4 Ways to Ensure Security When Integrating New Technology 04/09/2019 08:02 pm As consumers’ dynamic needs continue to perpetually evolve, financial institutions have strong incentives to be the first movers in offering the latest and greatest technological products and services.
Consumers More Comfortable With Smart Payments, But Security Remains Concern 04/18/2019 07:54 pm RESTON, Va.–Consumers continue to show increasing comfort with smart payments, but are also indicating growing worries over security concerns, a new survey shows.
Wife Of CEO In Alleged Embezzlement Has Film, Music Career 04/09/2019 08:06 pm STUDIO CITY, Calif.–The wife of the CEO who allegedly embezzled $40 million from a credit union is an actress and singer with a number of slickly produced videos and small movie roles to her credit.
Fed Data Show Even Upper Middle Class See Lagging Income Growth 04/18/2019 07:54 pm NEW YORK–It isn’t just among lower-income Americans where income growth is lagging. Although it’s a relative figure, newly available net worth data from the Federal Reserve suggests that while still wealthier overall than most other groups, even the upper-middle class is feeling the pinch of income stagnation, Bloomberg reported.
