Press

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Fiserv completes acquisition of Monitise plc

BROOKFIELD, WI (September 1, 2017) — Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, today announced the completion of its acquisition of Monitise plc (LSE:MONI), further expanding its digital technology suite to enable financial institutions worldwide to meet customer ...

Allied ramping up resources to help credit unions impacted by Harvey

CARMEL, IN (September 1, 2017) — As the unprecedented impact of Hurricane Harvey leaves many areas of Texas and the Gulf Coast devastated, Allied Solutions has made tremendous efforts to deploy a dedicated team of claims professionals to help those affected, this being the number ...

Teachers Credit Union renews and expands partnership with PSCU through 2022

ST. PETERSBURG, FL (August 31, 2017) — Teachers Credit Union (TCU), Indiana’s largest credit union, has signed a renewal agreement for credit card processing services with PSCU, the Credit Union Service Organization (CUSO) announced today. The agreement – which includes the addition of debit processing ...

CUNA donates $50,000 to CUAid for Harvey relief

WASHINGTON, DC (August 31, 2017) — The Credit Union National Association (CUNA) announced Thursday it is donating $50,000 to Harvey relief efforts through CUAid, the National Credit Union Foundation’s disaster relief system. “The images coming out of Texas this week have been gut-wrenching, ...

Credit Union 2.0 partners with OnApproach

ASHLAND, OR (August 31, 2017) — Credit Union 2.0, the leader in digital transformation strategy for credit unions, is pleased to announce that it has partnered with OnApproach, the leader in data and analytics for credit unions, to help credit unions be more competitive ...

Nearly 600 financial institutions select statement advantage from Fiserv

BROOKFIELD, WI (August 30, 2017) — Today's consumers use their financial services statements as an important tool for account updates, as well as managing budgets and expenses, maximizing savings, and planning for the future. Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services ...

NAFCU’s Berger: NCUA’s TCCUSF closure proposal not in best interest of CUs

WASHINGTON, DC (August 29, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today wrote the National Credit Union Administration (NCUA) reiterating the association's opposition to the NCUA's proposed raising of the National Credit Union Share Insurance Fund's (NCUSIF) normal ...

CUAid activated for credit union people affected by Tropical Storm Harvey

The National Credit Union Foundation (the Foundation) has activated the online disaster relief system CUAid.coop to raise money for credit union people in Texas affected by Tropical Storm Harvey. Credit union supporters in every state can make donations at CUAid.coop. “With the devastating ...

CUBLP designation earned by 48 at CUNA Business Lending Certification School

WASHINGTON, DC (August 28, 2017) — Forty-eight credit union professionals earned the Credit Union Business Lending Professional (CUBLP) designation at the 2017 CUNA Business Lending Certification School, held July 24-27 in Madison. Exclusively available through the school, the designation conveys a thorough knowledge of business ...

NAFCU calls for ‘Fairness, Accuracy and Equity’ in OTR methodology

WASHINGTON, DC (August 25, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator today wrote the National Credit Union Administration urging the agency to retain its current overhead transfer rate methodology, calling it an "objective formula-based model" that "prioritizes ...

CUES Next Top Credit Union Exec finalists announced

MADISON, WI (August 24, 2017) — The judges’ results are in! The five Finalists for the 2017 CUES® Next Top Credit Union Exec challenge are: Geoff Bullock, 33, Financial Education Specialist, Firefly Credit Union, Burnsville, Minnesota, United States Derek Fuzzell, 31, Vice President-Finance, Northwest FCU, ...

New Raddon research explores how to optimize mobile banking

SCHAUMBURG, IL (August 24, 2017) — RaddonSM, a Fiserv® company and provider of innovative research, insightful analysis and strategic guidance to financial institutions, has published a new report that analyzes consumers’ mobile banking usage and its impact on other banking channels, and makes recommendations on ...

CUNA releases 2017-2018 Staff Salary Report

WASHINGTON, DC (August 24, 2017) — The 2017-2018 CUNA Staff Salary Report has been released. Uniquely comprehensive, the benchmarking tool contains salary data from credit unions nationwide for more than 90 full-time positions and 10 part-time positions. “Whether you’re pursuing a teller, an operations ...

CUNA Mutual Group’s August Credit Union Trends Report

MADISON, WI (August 23, 2017) — CUNA Mutual Group’s May Credit Union Trends Report is now available. Highlights from the report follow. August 2017: The nation’s credit unions increased their loan portfolios 1% in June, slightly less than the 1.2% pace reported ...

Skanska adds to tenant roster at 99M

WASHINGTON, DC (August 23, 2017) — Skanska, a leading national development and construction firm, today announced that the Credit Union National Association (CUNA) will lease approximately 22,000 square feet of office space on the 3rd floor of its 99M development, a 234,000-square-foot, Class-A ...

PSCU hosts KnockOut 2017

ST. PETERSBURG, FL (August 23, 2017) — For the sixth consecutive year, PSCU is inviting credit unions to bring their leading-edge thinkers to compete in its innovation marathon, KnockOut. The 24-hour collaboration event is scheduled for Sept. 14-15, 2017, at PSCU¹s headquarters in St. ...

NAFCU CUs, staff meet with Mnuchin at treasury today on credit union issues

WASHINGTON, DC (August 22, 2017) — Representatives from several National Assocation of Federally-Insured Credit Unions (NAFCU) member credit unions, with the association's Dan Berger and Carrie Hunt, will meet today with Treasury Department Secretary Steven Mnuchin on issues of importance to credit unions, including tax ...

NAFCU opposes increasing NCUSIF normal op level, urges further study

WASHINGTON, DC (August 21, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today issued the following statement regarding the NCUA's proposal to increase the normal operating level (NOL) of the National Credit Union Share Insurance Fund (NCUSIF) from 1....