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SCHAUMBURG, Ill.–The nation’s largest ethnic credit union, the Polish & Slavic Federal Credit Union (PSFCU), opened its 16th branch with the grand opening celebration. 

IRVINE, Calif.–The real estate market is hot—TOO hot in 14 of the top 100 U.S. markets, according to one analysis.

SAN DIEGO — Prior to converting to core processor Corelation, the $566-million University of Hawai’i FCU said its month-end processing used to take three hours. With Corelation’s KeyStone core processing technology, the credit union’s month-end processing now takes 15 minutes, it reported. In fact, day-end now only takes five minutes – which has already allowed them to eliminate the evening shift for IT, Corelation added.

BOSTON—A tiny CU here has been criticized by the Massachusetts Division of Banks for not doing more to expand its membership.

WASHINGTON—CUNA, NAFCU and numerous other groups urged congressional leaders Tuesday to not use “g-fees” as a source of funding for any extension of highway programs.

WASHINGTON–A high number of credit unions have not filed Suspicious Activity Reports (SARs) or Currency Transaction Reports (CTRs) with the Treasury in some time.

LONDON–The Bank of England’s proposed overhaul of credit unions in the U.K. would make it much more difficult for CUs to compete with banks, according to credit union representatives.

ARLINGTON, Va.—Nearly half of CUs polled in a new survey indicate they are ready for the CFPB’s Truth in Lending Act and Real Estate Settlement Procedures Act (TILA/RESPA) integrated disclosure rules that go into effect next month.

WAKEFIELD, Mass.—Credit unions will need to face down the challenges over the next five of more years of non-traditional and “less personal” financial digital choices by staying strong and close to their members, according to Brad Singer of Primax.