Press

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CUNA applauds introduction of breach notification bill in House

WASHINGTON, D.C. (May 1, 2015) -- Representatives Randy Neugebauer (R-TX) and John Carney (D-DE) today introduced bipartisan data security legislation strongly supported by CUNA to protect consumers from identity theft and fraud by establishing a national data security and breach notification standard for financial ...

Kingry elected as State Liaison Committee Chairman

(May 1, 2015) -- The Federal Financial Institutions Examination Council’s (FFIEC or Council) State Liaison Committee (SLC) announced today the election of Lauren Kingry as its Chairman.  The SLC Chairman’s term is a one-year period that begins May 1 and runs until April ...

Meritrust Credit Union rebrands overnight, introduces new branch prototype

MANHATTAN, KS (May 1, 2015) – Meritrust Credit Union’s quick rebrand results in a modern, brand-infused branch prototype. The new 4,835 SF branch in Manhattan, KS opened in October 2014. Meritrust Credit Union, previously Boeing Wichita Credit Union, rebranded overnight, literally. The process was ...

Lawson re-Appointed to FFIEC State Liaison Committee

ARLINGTON, VA (May 1, 2015) -- The Federal Financial Institutions Examination Council (FFIEC or Council) announced today the re-appointment of Karen K. Lawson to the FFIEC’s five-member State Liaison Committee (SLC).  Lawson has been active on the SLC since 2013 when she was first ...

Excellence Award winners honored at HR/TD Council Conference

MADISON, WI (May 1, 2015) – Ten credit unions were honored with nine Excellence Awards at the CUNA HR & Organizational Development Council’s 21st annual conference, April 22-25 in Hollywood, Calif., including one honoree for Best of Show. The awards recognize and honor credit unions ...

Mountain Credit Union closes out busy month for financial literacy

ASHEVILLE, NC (May 1, 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 ...

TLC Federal Credit Union closes, Fibre assumes members and assets

Member deposits protected up to $250,000 by the share insurance fund ALEXANDRIA, VA (April 30, 2015) – The National Credit Union Administration today liquidated TLC Federal Credit Union of Tillamook, Oregon. Fibre Federal Credit Union of Longview, Washington, immediately assumed TLC Federal Credit Union’s ...

CU Companies announces partnership with NextDeal and Digital Docs

NEW BRIGHTON, MN (April 30, 2015) – CU Companies TITLE is happy to announce the incorporation of improved mortgage management technology that will benefit its users. We have partnered with NextDeal and Digital Docs to help users improve retention by allowing their borrowers to better manage ...

Credit Union ONE celebrates youth month with financial literacy

FERNDALE, MI (April 30, 2015) -- April is National Credit Union Youth Month, and Credit Union ONE welcomed the opportunity to educate the youth in the Ferndale community and all of their branch locations about the importance of saving money beginning at an early age. ...

NCUA issues Prohibition Orders

ALEXANDRIA, VA (April 30, 2015) – The National Credit Union Administration has issued two orders in April prohibiting the following individuals from participating in the affairs of any federally insured financial institution: Tracy Kemper, a former employee of Clara Barton Federal Credit Union in Washington, D....

New Bethel Federal Credit Union conserved

Member Deposits Insured up to $250,000; Member Services Uninterrupted ALEXANDRIA, VA (April 30, 2015) -- The National Credit Union Administration today placed New Bethel Federal Credit Union of Portsmouth, Virginia, into conservatorship. Deposits at New Bethel Federal Credit Union remain protected. Administered by NCUA, ...

America’s Christian Credit Union conducts 57th Annual Meeting

GLENDORA, CA (April 30, 2015) -- America’s Christian Credit Union held its 57th Annual Meeting on April 24, 2015. Members, Staff, the Board of Directors, Supervisory Committee and Senior Management all attended the event held at the ACCU Headquarters in Glendora, California. Speakers included ...

Affinity Plus supports American Red Cross relief efforts

Credit union hosts blood drives and announces the collection and match of donations up to $5,000 for Nepal ST. PAUL, MN (April 30, 2015) -- In the past two weeks, Affinity Plus has been actively engaging its membership through its partnership with the American ...

Unity One employees complete Community Ambassadors Program

FORT WORTH, TX (April 30, 2015) -- Unity One Credit Union is pleased to announce Alyssa Guillory, director of community and public relations, and Kathy Jones, North Tarrant branch manager, have recently completed the Keller Independent School District (ISD) Community Ambassadors program. The Keller ISD ...

NCUA issues prohibition orders

ALEXANDRIA, VA (April 30, 2015) -- The National Credit Union Administration has issued two orders in April prohibiting the following individuals from participating in the affairs of any federally insured financial institution: Tracy Kemper, a former employee of Clara Barton Federal Credit Union in Washington, ...

Ellie Mae reports first quarter 2015 results

First quarter revenue up 68% to $54.2 million raises 2015 revenue guidance PLEASANTON, CA (April 30, 2015) -- Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today reported results for the first quarter ...

Educational Systems FCU supports 2015 Spelling Bee Competitions

GREENBELT, MD (April 30, 2015) -- Educational Systems FCU recently sponsored the Prince George's County and Anne Arundel County Spelling Bees. Both events challenged middle school students to spell words correctly until there was one final winner. The Prince George's County Spelling Bee was held ...

CUSOs complete “Hot Site” relocation for credit union

GRAND RAPIDS, MI (April 30, 2015) -- Two CUSO partners, West Michigan-based CU*Answers and South Dakota-based Site-Four, recently completed the relocation of hot site disaster recovery support services for Harris County Federal Credit Union (Houston, Texas). “The successful transition of the Harris County FCU ...

Strong second quarter numbers for shared resources CUSO

GRAND RAPIDS, MI (April 30, 2015) -- Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, recently announced the results of its second fiscal quarter to stockholders and clients. The results for the fiscal period, which ended on March 31st, reflected a continuation of the ...

Sarah Dahlgren to resign from New York Fed

(April 30, 2015) -- The Federal Reserve Bank of New York today announced that Sarah Dahlgren, executive vice president and head of the Financial Institution Supervision Group (FISG), has announced her decision to resign from the Bank at the end of 2015. Ms. Dahlgren is ...