Press

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CFPB issues revised supervisory appeals process

WASHINGTON, D.C. (February 16, 2024) — The Consumer Financial Protection Bureau (CFPB) issued a procedural rule updating the process by which financial institutions can appeal supervisory findings. The updated rule broadens the CFPB officials eligible to evaluate appeals, the options for resolving an appeal, ...

A Global Outlook: Credit Union Regulations in 2024

MADISON, WI (February 16, 2024) — Join World Council of Credit Union’s International Advocacy team for an overview of the most critical global regulatory developments coming in 2024. International standard setting bodies were active throughout 2023. They laid the groundwork for national-level regulators to ...

Dionne Yochim named Director of Mortgage Operations at Royal Credit Union

ARDEN HILLS, MINN (February 16, 2024) — Royal Credit Union (Royal) announces Dionne Yochim’s promotion to Director of Mortgage Operations. In this position, Yochim is responsible for planning, organizing, and directing the activities of the Mortgage Processing, Closing, Underwriting and Mortgage Technology departments to ...

MSUFCU and Sparrow Health System to hold joint news conference

EAST LANSING, MI (February 16, 2024) — MSU Federal Credit Union (MSUFCU) and Sparrow Health System are holding a news conference Tuesday, Feb. 20, to announce a new collaboration. WHAT: MSUFCU and Sparrow Announcement WHO: Remarks from: Andy Schor, Mayor of Lansing Margaret Dimond, Ph....

NCUA board approves updates to MDI Preservation Program

ALEXANDRIA, VA (February 15, 2024) — The National Credit Union Administration Board held its second open meeting of 2024 and adopted revisions to an interpretive ruling and policy statement (IRPS) 13-1, governing the Minority Depository Institution Preservation Program for credit unions. In addition, the Board ...

Tinker Federal Credit Union names new vice president, controller

OKLAHOMA CITY, OKLAHOMA (February 15, 2024) — Tinker Federal Credit Union (TFCU) recently named Daniel Williams as vice president and controller of accounting.  In his role, Williams will oversee regulatory compliance, annual audits, budget management, asset liability management decisions and facilitation of software changes, all ...

The Dakota Credit Union Association licenses the Try a Credit Union campaign

LANSING, MI (February 15, 2024) — For over 20 years, Michigan has produced a cooperative marketing campaign to help build awareness for credit unions throughout the state. In August 2022, the Michigan Credit Union League revamped messaging and launched the credit union awareness website, TryACreditUnion....

Frank promoted to AVP

SPOKANE VALLEY, WA (February 15, 2024) — Lizzie Frank has been promoted to assistant vice president of retail experience at Numerica Credit Union. Frank will support member relationships while leading the retail teams at seven of Numerica’s Spokane-area branches.     Frank previously served as Numerica’...

AVANA CUSO launches new credit union educational webinar series

GLENDALE, ARIZ (February 15, 2024) — AVANA CUSO, a credit union service organization that specializes in commercial real estate lending, is hosting its first virtual webinar exploring effective portfolio management and problem loan resolution. This webinar is an opportunity for credit union professionals to learn ...

The PSCU Payments Index: February 2024

ST. PETERSBURG, FL (February 15, 2024) — Today, PSCU – the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the February edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions ...

Interior Federal unveils exciting rebrand

WASHINGTON, DC (February 15, 2024) — Interior Federal is excited to announce a big milestone in our journey, the unveiling of our rebranding. After months of dedicated effort, research, and valuable feedback from our members, we have developed a refreshed brand that aims to resonate ...

GTE Financial opens submissions for 13th annual scholarship program

TAMPA, FL (February 15, 2024) — GTE Financial continues to support education in the Tampa Bay community with its 13th annual student scholarship program. The credit union will grant 26 students $3,000 each to support student members' education and reward young adults dedicated to ...

United Federal Credit Union names new Mortgage Advisor in Rogers

ROGERS, ARK (February 15, 2024) — United Federal Credit Union (United) is pleased to announce the appointment of Joe Treece to Mortgage Advisor in Rogers. Treece is based at United’s Promenade branch located at 2000 S. Promenade Blvd. in Rogers. Treece will use his ...