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DRESHER, PA (August 21, 2017) — Ascensus, a technology-enabled solutions provider that helps more than 7 million Americans save for the future, is pleased to announce that it has been named to the 2017 Inc. 5000 list of fastest-growing private companies in America. Established in ...
BROOKFIELD, WI (August 21, 2017) — Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, today announced it has acquired Dovetail Group Limited, a leading provider of bank payments and liquidity management solutions. This acquisition further enables Fiserv to help financial ...
WASHINGTON, DC (August 19, 2017) — Mark Moulton of Financial Center First Credit earned the Certified Credit Union Executive (CCUE) designation as a member of the graduating class of CUNA Management School, which was held in Madison, Wis. from July 16-26, 2017. “On behalf of ...
MADISON, WI (August 17, 2017) — Virtual lending to millennials will be critical to the future success and sustainability of credit unions, but it’s important to be cognizant of the growing risks posed by expanding online channels and take steps to mitigate them, CUNA ...
MADISON, WI (August 17, 2017) — Credit unions can expect the U.S. economic growth will remain above trend in 2017 and into 2018, said CUNA Mutual Group’s director and chief economist Steven Rick. As credit unions continue to reap the benefits from this ...
WASHINGTON, DC (August 15, 2017) — CUNA is offering two online training events, the 2017 CUNA Financial Management eSchools, that provide an in-depth education on credit union financial management. The Essentials eSchool will be held Thursdays, Aug. 24-Oct. 12 while the Advanced eSchool will be ...
MADISON, WI (August 15, 2017) — Applications are now being accepted for the annual Excellence in Lending Awards, which recognize outstanding credit union lending results and best practices. Credit unions demonstrating innovation in lending to meet member needs are encouraged to apply by the Sept. ...
BROOKFIELD, WI (August 15, 2017) — Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that SEFCU, headquartered in Albany, New York, has selected Fiserv as a technology partner to help drive the credit union’s member-centric growth strategy ...
WASHINGTON, DC (August 11, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator today wrote the National Credit Union Administration recommending several improvements to the rules currently under review by the NCUA, including those for Bank Secrecy Act compliance, ...
WASHINGTON, DC (August 11, 2017) — The July 2017 edition of the CUNA Economic Update is now available. Hosted by CUNA VP of Economics & Statistics Mike Schenk and sponsored by CUNA CFO Council, the update provides a snapshot of the economy and the credit ...
DRESHER, PA (August 10, 2017) — Ascensus, a technology-enabled solutions provider that helps more than 7 million Americans save for the future, announces the appointment of Christopher Blexrud as senior vice president of software engineering for the firm’s retirement division. Ascensus continues to invest ...
MADISON, WI (August 10, 2017) — CUNA Mutual Group today announced Baxter Credit Union (BCU) with $2.8 billion in assets, headquartered in Vernon Hills, Ill., and Coastal Credit Union, with $2.9 billion in assets, headquartered in Raleigh, N.C., will partner with CUNA ...
MADISON, WI (August 9, 2017) — CUES is pleased to announce Amy Downs, CCE, senior vice president/chief operating officer of $263 million Allegiance Credit Union, Oklahoma City, as the recipient of the 2017 CUES Exceptional Leader award. She will be honored at CUES’ CEO/...
DRESHER, PA (August 9, 2017) — On August 3, 2017, the Department of Labor (DOL) issued additional guidance regarding its final fiduciary regulations and related prohibited transaction exemptions (PTEs)—together referred to as the “fiduciary rules.” This latest guidance is in a frequently-asked question (FAQ) ...
RANCHO CUCAMONGA, CA (August 8, 2017) — CO-OP Financial Services announced today a free download of its proprietary research study, Digital Transformation, designed to help credit union leaders understand current industry perceptions, challenges and plans for the digital age. “CO-OP is committed to helping our ...
BROOKFIELD, WI (August 8, 2017) — Fiserv, Inc. today announced that it is equipping financial institutions to better understand customers and identify marketing opportunities within their customer base through a new marketing analytics solution that is already being implemented by banks and credit unions. Integrator ...
DRESHER, PA (August 8, 2017) — Ascensus, a technology-enabled solutions provider that helps more than 7 million Americans save for the future, is pleased to announce the winners of its 2017 Ascensus Core Values Scholarship. Presented annually, the Core Values Scholarship is awarded to high ...
WASHINGTON, DC (August 8, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Carrie Hunt told the NCUA in a letter Monday that while it appreciates the aim of transparency, the association is not aware of any problematic trends in voluntary credit union mergers that "...
MADISON, WI (August 7, 2017) — CUNA Mutual Group announced today the hiring of Rob Comfort as president of CUNA Brokerage Services, Inc. (CBSI) and Martin Powell as vice president of strategic account development and management for the company’s wealth management business. “We continue ...
The National Credit Union Foundation’s (the Foundation) board of directors has approved 12 new Biz Kid$ Financial Education Grants for 2017-2018, totaling $68,500. These grants are distributed to encourage credit union organizations to use Biz Kid$ and its curriculum to improve students’ financial ...
WASHINGTON, DC (August 5, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris today wrote the Labor Department, reiterating the association's request for a credit union exemption from the broad scope of the fiduciary rule in an official comment letter ...
WASHINGTON, DC (August 4, 2017) — CUNA President and CEO Jim Nussle issued a statement on the Consumer Financial Protection Bureau releasing overdraft disclosure prototypes following an agency report that included limited research on only the nation’s largest banks: “The CFPB conducted an overdraft ...
WASHINGTON, DC (August 4, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s July employment report, released this morning. "This was a solid jobs report overall. The unemployment rate dropped ...
WASHINGTON, DC (August 3, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator today wrote the National Credit Union Administration where he expressed the association's support for the NCUA's proposal on credit union appeals. In the letter, Emancipator wrote, "...
WASHINGTON, DC (August 3, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator today wrote the National Credit Union Administration's proposed amendments to its procedures for appealing material supervisory determinations (MSDs) to the Supervisory Review Committee (SRC). In the ...
MINNEAPOLIS, MN (August 3, 2017) — OnApproach (www.onapproach.com), the leading provider of Big Data and Analytics for credit unions, is excited to announce 1st Community Federal Credit Union of San Angelo, TX has invested in OnApproach, a Credit Union Service Organization (CUSO). In ...
MADISON, WI (August 3, 2017) — CUNA Mutual Group today announced Randolph-Brooks Federal Credit Union (RBFCU), headquartered in Live Oak, Texas, will partner with CUNA Mutual AdvantEdge Analytics (AdvantEdge Analytics) to implement its fully integrated data analytics solution to better serve RBFCU members. With assets ...
RANCHO CUCAMONGA, CA (August 2, 2017) — The CO-OP Shared Branch network has passed Chase in number of branch offices, making the credit union cooperative the second largest network of financial institution branches in the country. CO-OP Shared Branch now totals 5,671 physical locations. ...
WASHINGTON, DC (August 2, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev today wrote the National Credit Union Administration regarding the agency's upcoming guidance on asset securitization by federal credit unions. Kossachev urged the NCUA to, "carefully consider the ...
BROOKFIELD, WI (August 1, 2017) — Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today reported financial results for the second quarter of 2017. Second Quarter 2017 GAAP Results GAAP revenue for the company increased 2 percent in the second ...
