Press

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CUNA Mutual Group’s November Credit Union Trends Report

MADISON, WI (November 29, 2016) — CUNA Mutual Group’s November Credit Union Trends Report is now available. Highlights from the report are below: October 2016: Credit union savings balances rose 1.5% in September, greater than the 0.2% gain reported in September 2015, ...

Comment letter to FHFA on privately insured CU access to FHLB system

WASHINGTON, DC (November 28, 2016) — Alfred M. Pollard, General Counsel Attention: Comments/RIN 2590-AA85 Federal Housing Finance Agency 400 Seventh Street SW., Eighth Floor Washington, DC 20219 Re: Comments/RIN 2590-AA85 Federal Home Loan Bank Membership for Non-Federally-Insured Credit Unions Dear Mr. Pollard: On ...

Foundation hosts special holiday Twitter chat on 12/8

As the end of the year approaches, the National Credit Union Foundation (the Foundation) is hosting a “Special Holiday Edition” of their bi-monthly Twitter chats for credit unions on Thursday, December 8th at 3 pm (CT). The Foundation invites credit unions to discuss their efforts ...

NAFCU Chief Economist Curt Long statement on FOMC November minutes

WASHINGTON, DC (November 28, 2016) — National Association of Federal Credit Unions (NAFCU) Chief Economist and Director of Research Curt Long issued the following statement today in response to the Federal Open Market Committee’s November meeting minutes. “While committee members remain divided in several ...

Federal judge blocks DOL rule: CUNA backs delay

WASHINGTON, DC (November 23, 2016) — CUNA welcomed an action by a federal judge in Texas who granted a preliminary injunction to delay implementation of a Department of Labor rule that would extend overtime eligibility. The rule was set to go into effect Dec. 1. ...

NAFCU Board to meet with CFPB and Federal Reserve

WASHINGTON, DC (November 23, 2016) — The National Association of Federal Credit Unions (NAFCU) Board of Directors is scheduled to meet next week with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and Federal Reserve Board Governor Lael Brainard to discuss vital credit union issues. ...

Teachers Credit Union joins Co-Op ATM with eye on future growth

RANCHO CUCAMONGA, CA (November 21, 2016) — Setting its sights on future growth, Teachers Credit Union (TCU), Indiana’s largest credit union, is partnering with CO-OP Financial Services to join CO-OP ATM, the nation’s largest credit union-owned surcharge-free network. With nearly $3 billion in ...

Winners selected for 4th Annual Credit Union Magic MinuteTM

ST. PETERSBURG, FL (November 18, 2016) — Lucky members from seven credit unions, one team playing for a charitable cause, and a former NFL defensive tackle running for a local Chicago charity will have a chance to grab all they can during a 60-second shopping ...

Fiserv transforms user experience on its Unified Wealth Platform

BROOKFIELD, WI (November 17, 2016) — Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced enhancements to its Unified Wealth Platform. A new user experience and interface developed by Fiserv allows financial advisors and operations professionals to more efficiently ...

Ongoing Operations’ Client Advisory Board meeting set for June 2017

HAGERSTOWN, MD (November 17, 2016) — Each year, Ongoing Operations selects 20-25 credit union leaders to participate in an annual Client Advisory Board meeting. The goal of each meeting is to maintain an open line of communication between the CUSO and its clients on critical ...

CUNA concerned with 2017-2018 NCUA budget

WASHINGTON, DC (November 17, 2016) — Following the National Credit Union Administration’s monthly board meeting in which the board voted on the agency’s 2017-2018 budget, Credit Union National Association President/CEO Jim Nussle released a statement: "We appreciate the agency's efforts to be ...

Fiserv announces share repurchase authorization

BROOKFIELD, WI (November 17, 2016) — Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, announced that its Board of Directors has authorized it to repurchase 15 million shares of the company's common stock, which is in addition to the shares ...

CUES® recognizes fall 2016 CEO Institute graduates

MADISON, WI (November 16, 2016) — CUES is pleased to recognize 32 credit union executives who recently completed all three years of its prestigious executive education program, CEO Institute. In addition, 23 of the graduates earned their Certified Chief Executive (CCE) designation, signifying their ongoing ...

CUNA Mutual Group debuts simplified-issue term life insurance product

MADISON, WI (November 16, 2016) — CUNA Mutual Group’s new TruStage simplified-issue term life insurance product is quickly catching the attention of credit union members due to its entirely online consumer purchase experience. After answering just two health questions, a completely automated underwriting platform ...

NAFCU letter to House urging support to repeal Durbin amendment

WASHINGTON, DC (November 16, 2016) — The Honorable Paul Ryan Speaker U.S. House of Representatives Washington, D.C. 20515 The Honorable Nancy Pelosi Minority Leader U.S. House of Representatives Washington, D.C. 20515 Re:      It’s Time to Repeal Debit Interchange Price Controls ...

Bluepoint Solutions and Alogent launch new company identity

NORCROSS, GA (November 15, 2016) — Bluepoint Solutions and Alogent Corporation, a combined company created when they merged earlier this year, announced that it will be operating under the name Alogent going forward. The global headquarters for the company will be in Norcross, GA, with ...