Twenty-Six CU Execs Graduate From CUES CEO Institute 09/17/2017 05:01 pm MADISON, Wis.— CUES said that 26 credit union executives have completed all three years of its executive education program, CEO Institute.
Hanscom FCU Honors 2 'Heroes Among Us' 09/07/2017 03:02 pm HANSCOM AFB, Mass, – Hanscom FCU honored two people as part of its Heroes Among Us celebration, a program that recognizes U.S. military veterans nominated by the community.
Tiny Madco Completes Merger Into 1st MidAmerica CU 09/17/2017 05:02 pm EDWARDSVILLE, Ill.–The $1.7-million Madco Credit Union has merged. The 561 members of Madco have agreed to merge into the $695-million 1st MidAmerica Credit Union in Bethalto, Ill.
Rate Of Used Vehicle Depreciation Hits The Gas A Bit 09/17/2017 05:02 pm LAWRENCEVILLE, Ga.—The rate of used vehicle depreciation increased slightly in August, according to a new report.
CFPB’s Small Business Lending Rule Called ‘Overly Burdensome’ 09/17/2017 05:03 pm WASHINGTON—The CFPB is creating a small business lending rule that would be “overly burdensome” for credit unions, according to CUNA.
CFPB Issues No-Action Letter to Company That Uses Alternative Data in Credit, Pricing Decisions 09/17/2017 05:03 pm WASHINGTON—The Consumer Financial Protection Bureau has issued a no-action letter to Upstart Network, Inc., which uses alternative data in making credit and pricing decisions.
Look For Tech To Play Big Role 09/07/2017 08:01 pm RANCHO CUCAMONGA, Calif.—What’s ahead for shared branching? More effective use of the service, possibly more cross-sales opportunities and more ...
Hurricane Harvey Plays Role In Latest Lease Approval Data 09/17/2017 05:03 pm CINCINNATI—Car lease credit applicants registered a 68.3% approval rate for August, just shy of the “healthy” mark of 70%, reports Swapalease.com, which believes Hurricane Harvey something to do with the outcome.
Irma Aftermath Impacting Florida CUs 09/17/2017 05:04 pm BIRMINGHAM, Ala./TALLAHASSEE, Fla.—The aftermath of Hurricane Irma continues to take its toll on credit unions this week after the storm devastated much of Florida with flooding and extended power outages.
Dem Senators Want GSEs To Rebuild Capital, But Only As Part Of Housing Finance Reform 09/17/2017 05:04 pm WASHINGTON—Six Democratic members of the Senate Banking Committee want to allow government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to rebuild their capital reserves, but also want the GSEs to remain in conservatorship until housing finance reforms are made.