Advanced search

WASHINGTON—Credit unions outpaced commercial banks across all consumer lending and asset quality categories, according to research conducted by Callahan & Associates on third quarter data released by NCUA and the FDIC.

PONTIAC, Mich.—Michael A. LaJoice, the former CFO at Clarkston Brandon Community CU, was arrested as part of an embezzlement LaJoice allegedly said has involved more than $20 million.

WASHINGTON–Fannie Mae and Freddie Mac plan in 2016 to push the sales of new types of securities that in effect transfer potential losses in a housing downturn to private investors.

DES MOINES, Iowa—While a number of analysts told CUToday.info they see Walmart Pay as a positive for FIs, there are those concerned that the new digital wallet won’t be good for mobile payments.

BROOKFIELD, Wis.–Fiserv, Inc. announced  that Michael O’Laughlin has been named president of its Biller Solutions business. 

DUBUQUE, Iowa—Joe Hearn believes a credit union’s business strategies must feed on themselves and create a “cycle of success,” allowing the CU to grow no matter the economic cycle.

ONTARIO, Calif.–The California and Nevada Credit Union Leagues are marking the 20^th anniversary of a unique agreement.

MADISON, Wis.–While credit unions are seeing growth in credit cards, most consumers continue to select a bank-issued credit card first when making a purchase, with bank-issued cards holding 75% of the market.

FREMONT, Mich.–Gerber FCU raised nearly $5,000 for the United Way.

ST. PETERSBURG, Fla.–PSCU has released a new whitepaper about Member Insight, its proprietary suite of analytics solutions.