Product Also Addresses Physical Wellness 03/24/2017 01:03 pm FRANKLIN, Tenn.–Financial wellness is going to be a big concept driving growth this year both for credit unions that offer it to their members, according to one person.
Welcome Back With Open ARMS: Product Sees Renewed Interest 03/27/2017 08:01 pm WASHINGTON–The number of homebuyers who are considering adjustable rate mortgages has doubled since the presidential election, according to one new analysis, which notes the types of ARMs being considered differ from those that infamously led to the housing crash.
CFPB Proposes Making ECOA Regs More Flexible. No, Seriously 03/27/2017 08:02 pm WASHINGTON—The CFPB has proposed amendments to make Equal Credit Opportunity Act regulations more flexible for mortgage lenders collecting lender ethnicity and race information.
Royal CU CEO Rudy Pereira Resigns; Moving To Premier America CU 03/27/2017 08:02 pm EAU CLAIRE, Wis.–Rudy Pereira, president and CEO of the $2-billion Royal Credit Union here, has resigned in order to take over as CEO of the $2.5-billion Premier America Credit Union in Chatsworth, Calif.
Credit Union CEO Tells Congress Chartering Constraints Hurting CUs 03/22/2017 08:09 pm WASHINGTON—Keith Stone, president and CEO of The Finest Federal Credit Union in New York, N.Y., testified before Congress that constraints on the credit union chartering process and the overall regulatory burden are hurting credit unions.
Bankruptcy Trustee Indicates Suit Could Be Filed Against CUs That Made Student Loans 03/27/2017 08:02 pm INDIANAPOLIS–A bankruptcy trustee here has indicated she may sue a group of credit unions that are owners in a CUSO that made student loans to students attending the now defunct ITT Technical Institute.
New Diagnosis: What Failure Of Healthcare Legislation Means For CUs In Congress 03/27/2017 08:03 pm WASHINGTON–The failure by Congress to pass legislation that would have replaced Obamacare with the American Health Care Act has “complicated” credit union plans for regulatory reforms.
No Joke: Comedian Sarah Silverman Urges Switch To Credit Unions During Video 03/27/2017 08:16 pm NEW YORK–Actress and comedian Sarah Silverman has posted a video on Facebook in which she says she pulled all of her money out of a bank and put it in a credit union, and she’s urging others to do so, too.
Allegacy FCU Partners With Greensboro Swarm to Raise Funds 03/22/2017 11:17 am GREENSBORO, N.C.–Allegacy Federal Credit Union recently partnered with The Greensboro Swarm for the team’s first-ever theme jersey night and auction, with funds and awareness benefiting Susan G. Komen Northwest North Carolina.
3 Powerful Ways CU Execs Can Manage Millennials 03/27/2017 09:56 pm Unmotivated. Spoiled. Flighty. Sensitive. Words like these are often — and unfairly — used when describing Millennials, but upon further examination, would you really use these terms to describe your Millennial employees?
