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Sageworks Poll: Areas of ALLL causing frustration between credit and finance

RALEIGH, NC (November 17, 2017) — During a webinar last week, Sageworks, a financial information company that provides lending, credit risk and portfolio risk solutions, surveyed professionals from banks and credit unions asking which area of the ALLL causes the most frustration between credit and ...

Desert Schools Federal Credit Union launches SwitchThink Solutions

PHOENIX, AZ (November 17, 2017) — Desert Schools Federal Credit Union has announced the formation of a new information technology credit union service organization. Called SwitchThink Solutions, the new company was formed in partnership with Corelation and provides other credit unions running on the KeyStone ...

47 CU professionals become Certified CU Development Educators (CUDEs)

MADISON, WI (November 17, 2017) — Forty-seven credit union professionals became Credit Union Development Educators (CUDEs) after being guided by dedicated program facilitators and mentors through the intensive Credit Union Development Education (DE) Training from the National Credit Union Foundation (the Foundation). The DE training ...

Pen Air FCU named Philanthropic Corporation of the Year

PENSACOLA, FL (November 17, 2017) — Pen Air Federal Credit Union was named the Philanthropic Corporation of the Year by the Association of Fundraising Professionals (AFP), Northwest Florida Chapter. The National Philanthropy Day Awards Luncheon took place at the Pensacola Grand Hotel in downtown Pensacola, ...

Overhead transfer rate win for the state credit union system

ARLINGTON, VA (November 17, 2017) — The NCUA Board on Thursday (Nov. 16) adopted a new methodology for the “overhead transfer rate” (OTR) of funds from the National Credit Union Share Insurance Fund to cover insurance-related expenses of the National Credit Union Administration’s operating ...

CU Xpress Lease helps credit unions become full-service lenders

HAUPPAUGE, NY (November 17, 2017) — GrooveCar’s CU Xpress Lease is helping credit unions achieve success in markets once thought out of reach, as the desire to lease vehicles, by members, continues at a steady pace. Funding over $1 billion in lease volume in ...

Art Director Gail Dishman won first place in design competition

DAYTON, OH (November 17, 2017) — MarketMatch, a full-service financial marketing firm headquartered in Dayton, Ohio, is celebrating Art Director Gail Dishman’s first place win in a very unique design competition. “Cropped,” Dishman explains, “was modeled after the TV show, Chopped. Like the cooking ...