Cornerstone Community CU Selects CU*Answers as New Data Processor 10/01/2017 11:30 am DES MOINES, Iowa–Following a two-year search, Cornerstone Community Credit Union here said it has selected CU*Answers as its new data processor.
Former Employee Charged In $600k Theft; Ex-SVP Gets Prison For Hit-And-Run 10/10/2017 08:01 pm ALLENTOWN, Penn–A former employee of Allentown FCU has been accused of stealing more than $600,000 from the credit union, while another former CU employee has been sent to prison for a hit-and-run.
CalyxSoftware Announces Partnership With Quicken Loans Mortgage Services 10/10/2017 08:01 pm DALLAS–CalyxSoftware, a provider of comprehensive mortgage software solutions, has announced a new partnership with Quicken Loans Mortgage Services (QLMS) to power its Quicken Loans Origination System (Q-L.O.S.).
Overall, CFPB Listened To CUs On Payday Loan Rule, Says CUNA; 5 States Complete Hill Hikes 10/10/2017 08:02 pm WASHINGTON–CUNA said it is “very pleased” with the final rule the CFPB issued on small-dollar, short-term loans, otherwise known as payday loans or auto-title loans.
Bill is Reintroduced to Exclude Veterans’ Loans from Member Business Loan Cap 10/01/2017 11:32 am WASHINGTON—House Financial Services Committee Member Vicente Gonzalez (D-TX) and House Foreign Affairs Committee Chairman Ed Royce (R-CA), along with Rep. Paul Cook (R-CA) have reintroduced a bill to exclude veterans’ loans from the statutory credit union member business loan cap.
What the Latest Economic Numbers Reveal 10/01/2017 11:33 am WASHINGTON—The U.S. economy grew an estimated 3.1% in the second quarter, the Commerce Department said in its latest and final estimate.
What’s Happening in Mortgage Lending Market? New FFIEC Data Offers Some Clues 10/01/2017 11:35 am WASHINGTON—New data offers some insights into trend lines in mortgage lending.
How Hurricanes are Effecting Auto, Truck Markets 10/01/2017 11:37 am SAN FRANCISCO–Hurricanes Irma and Harvey have had different effects the automobile markets in Houston and Florida, but one thing is the same—consumer interest in mid-size pickups is strong following the storms.
Mastercard Announces Early Detection System For Fraud 10/10/2017 08:02 pm PURCHASE, N.Y. – Noting that speed is a critical factor in fighting fraud, Mastercard has announced the launch of Early Detection System.
WOCCU, CU Foundation Collecting Funds to Help Hurricane Victims in Caribbean, Puerto Rico 10/01/2017 11:39 am MADISON, Wis. – The World Council of Credit Unions and the National Credit Union Foundation have both announced efforts to help credit union employees and members hit hard by hurricanes in Puerto Rico and the Caribbean.