Press

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NAFCU statement on NCUA Board action on fixed assets, budget

WASHINGTON, D.C. (July 23, 2015) -- National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement regarding today's National Credit Union Administration (NCUA) Board meeting, during which the board voted to eliminate the 5 percent limitation on federal ...

NCUA board listens to CUNA, eliminates fixed assets cap

WASHINGTON, D.C. (July 23, 2015) -- Jim Nussle, president and CEO of the Credit Union National Association (CUNA), issued a statement following the National Credit Union Administration (NCUA) monthly board meeting: “We’re pleased the NCUA board listened to CUNA and credit unions by ...

$4,000 awarded in scholarship funds for higher education

WOODBRIDGE, VA (July 23, 2015) -- Belvoir Federal Credit Union awarded two members a $2,000 scholarship to help defray educational expenses for higher education. Alexis Sneed, a senior graduating from Woodbridge High School in Woodbridge, VA, plans to attend the University of North Carolina ...

Local credit union volunteers serve picnic

LIMERICK, PA (July 23, 2015) -- Volunteers who are employees of American Heritage Federal Credit Union, which operates branches in Limerick, King of Prussia and Quakertown, recently helped prepare and cook meals for families living at the Ronald McDonald Chestnut House in Philadelphia. They prepared ...

John M. Hamilton named MECU of Baltimore CEO

BALTIMORE, MD (July 20, 2015) -- The Board of Directors of MECU of Baltimore, Inc. announced that they have selected John M. Hamilton as the new President and CEO. Hamilton has been serving as the interim CEO since March, 2015. “John has proven himself to ...

Jack Henry & Associates named market share leader in remote deposit capture

Annual Celent report recognizes company for total financial institutions implemented and strong end-user growth  MONETT, MO (July 23, 2015) -- Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, ...

Supreme Lending named as one of best places to work in Minnesota

Mortgage lender’s Coon Rapids, MN branch recognized by the Minneapolis/St. Paul Business Journal as outstanding employer COON RAPIDS, MN (July 23, 2015) -- The Coon Rapids, MN branch of Supreme Lending, a Dallas-based nationwide mortgage lender, announces that it has been recognized by ...

Vote now for 2015 CUES Next Top Credit Union Exec

MADISON, WI (July 22, 2015) -- Who will advance to the Top 15 in the CUES Next Top Credit Union Exec challenge? That’s up to YOU. Twenty young, emerging leaders from within the credit union industry created video applications to compete for 2015 CUES ...

Whitefish Credit Union welcomes new Chief Credit Officer

KALISPELL, MT (July 22, 2015) -- Whitefish Credit Union would like to welcome Steven Moss as the Credit Union’s new Business Lending chief credit officer and senior management team member. Moss previously served as Whitefish Credit Union’s member business loan manager vice president ...

Sageworks survey: What examiners are examining

(July 22, 2015) -- A new survey of banks and credit unions on the feedback they receive from regulatory agencies Federal safety and soundness examinations are among the most important events in the life of a bank, thrift or credit union. Financial institutions spend months ...

July issue of The NCUA Report now available

ALEXANDRIA, VA (July 22, 2015) -- The National Credit Union Administration announced today the July 2015 issue of The NCUA Report is now available online. This latest issue includes columns from NCUA Board Chairman Debbie Matz and Board Member J. Mark McWatters. Additionally, it contains ...

America’s Christian Credit Union helps communities thrive

GLENDORA, CA (July 22, 2015) -- America’s Christian Credit Union (ACCU) strives to live out its mission “ To Reach, Serve and Teach” in and around the local community. This year, employees have been challenged and energized by a new initiative entitled ‘Live the Mission’, ...

TDECU helps college students achieve dreams with new lending program

HOUSTON, TX (July 22, 2015) -- Funding a college education can be a daunting prospect for many. Now, students can get valuable financial guidance and low-interest student loans from TDECU-Your Credit Union. “A lack of understanding about college-funding options can end up costing students and, ...

15 credit unions agree to late-filing penalties for first quarter 2015

Agency continues to push for full compliance and to offer assistance ALEXANDRIA, VA (July 22, 2015) – The number of federally insured credit unions subject to civil money penalties for filing late Call Reports dropped to 15 in the first quarter of 2015, the National Credit ...