Press

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Mountain Credit Union closes out busy month for Financial Literacy

(May 6, 2015) -- There were so many activities for National Credit Union Youth Month and Financial Literacy Month that Mountain Credit Union staff had to start the festivities a few days early. Beginning in late March, events throughout the Credit Union’s ten county ...

Secondary Capital Working Group webpage now available

ALEXANDRIA, VA (May 6, 2015) -- As part of the agency’s ongoing efforts to increase access to secondary capital for low-income credit unions and provide appropriate regulatory relief to all credit unions, the National Credit Union Administration announced today the availability of a Secondary ...

Ent Names Senior Executive Vice Presidents

COLORADO SPRINGS, CO (May 6, 2015) -- Ent Federal Credit Union is pleased to announce the promotion of two key leaders to senior executive vice president positions, reporting directly to Ent’s president and CEO Randy Bernstein. Chad Graves will serve as Ent’s Senior ...

40,000 Dover Federal Credit Union members recognize Senator Carper

DOVER, DE (May 6, 2015) -- Senator Tom Carper was recently honored by local financial cooperative, Dover Federal Credit Union on behalf of his effort to protect the data security of taxpayers. During a visit to Delaware’s largest credit union, Dover Federal CEO, David ...

CU*Answers volunteers at MiCareer Quest Event

GRAND RAPIDS, MI (May 6, 2015) -- CU*Answers and Xtend Inc., Michigan-based cooperative CUSOs and members of the cuasterisk.com network, participated in the first annual MiCareer Quest Event in Grand Rapids, MI on April 28. Volunteers came from the Community Crew, a team ...

Annual impact report released by the National Credit Union Foundation

MADISON, WI (May 6, 2015) – The National Credit Union Foundation (the Foundation) has released their 2014 Impact Report entitled “Strengthening the Financial Well-being of Credit Union Members.” This report provides insight into the initiatives, image004.jpgprograms and grants provided by the Foundation over the last ...

Apple Pay comes to Global CU

SPOKANE, WA (May 6, 2015) -- Apple Pay has come to Global Credit Union. Joining the hundreds of other national financial institutions, Global will be offering Apple Pay to its members. Apple Pay will be available with members' personal credit cards, debit cards and small ...

CUNA Task Force preliminary findings focused on advocacy and choice

CUNA board likely to vote on Task Force proposals later this year WASHINGTON, DC (May 6, 2015) – CUNA’s System Structure and Governance Task Force preliminary findings include that credit unions want better advocacy and more choice from their trade association. The Task Force – a ...

NAFCU announces 2015 Annual Awards competition winners

WASHINGTON, DC (May 6, 2015) - The National Association of Federal Credit Unions (NAFCU) has announced the winners of its 2015 Annual Awards, which honors association member credit unions and individuals for excellence and achievement in the industry. The winners will be honored during NAFCU’...

Schwartz wins re-election, Fisher and Easterling win NAFCU Board seats

WASHINGTON, DC (May 6, 2015) - The National Association of Federal Credit Unions (NAFCU) announced that Debra Schwartz and Robert Fisher have secured at-large seats on the association’s Board of Directors in voting that closed Monday. Gary Easterling secured the Region I director seat ...

Ellie Mae’s Encompass Title & Closing Center to be ready for RESPA-TILA

Hundreds of data and workflow enhancements will help lenders comply with new integrated disclosure rule expected to take effect on August 1 PLEASANTON, CA (May 6, 2015) – Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage ...

EMVCo reports 3.4 billion EMV chip payment cards in global circulation

Number of EMV chip cards deployed in 2014 jumps by 1 billion, reflecting 43% year-on-year increase; EMV chip card adoption rate and transaction volumes increase in every region   (May 6, 2015) -- Official figures for Q4 2014 released by the global technical body EMVCo show ...

Fiserv reports First Quarter 2015 Results

BROOKFIELD, WI (May 5, 2015) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today reported financial results for the first quarter of 2015. GAAP revenue in the quarter was $1.28 billion compared with $1.23 billion in the ...

28 Credit unions agree to late-filing penalties for fourth quarter of 2014

Matz: Agency Offers Small Credit Unions Assistance with Compliance ALEXANDRIA, VA (May 5, 2015) -- Twenty-eight federally insured credit unions subject to civil money penalties for filing fourth-quarter 2014 Call Reports late have consented to those penalties, the National Credit Union Administration announced today. The ...

Affinity Plus Foundation celebrates 2014, releases Impact Report

ST. PAUL, MN (May 4, 2015) -- Over 30 members and volunteers of the Affinity Plus Foundation gathered on Wednesday, April 29 for the 14thAnnual Meeting. Attendees celebrated giving over $80,000 to support the mission of enhancing the quality of life in Minnesota communities ...

CFPB finds 26 million consumers are credit invisible

Bureau Also Finds That Black and Hispanic Consumers Are More Likely to Have a Limited Credit Record WASHINGTON, D.C. (May 5, 2015) -- Today the Consumer Financial Protection Bureau (CFPB) published a report finding that 26 million Americans are “credit invisible.” This figure indicates ...

Bernal promoted to branch manager

SAN ANTONIO, TX (May 5, 2015) -- Security Service Federal Credit Union has promoted Sjanna Bernal to branch manager where she will be responsible for leadership and oversight of credit union’s San Antonio Wurzbach branch. Bernal joined Security Service as assistant branch manager in ...

Neighbors Federal Credit Union celebrates National Credit Union Youth Month

BATON ROUGE, LA (May 5, 2015) -- Neighbors Federal Credit Union (NFCU) celebrated National Credit Union Youth Month in April.  The Credit Union National Association (CUNA) themed the celebration as “Wild About Savings.” Neighbors emphasized the importance of saving money, financial education and parent and ...