Press

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North Dade Community Development Federal Credit Union Closes

Member Deposits Protected up to $250,000 by Share Insurance Fund ALEXANDRIA, VA (March 31, 2015) -- The National Credit Union Administration today liquidated North Dade Community Development Federal Credit Union of Miami Gardens, Florida.Member deposits are federally insured by the National Credit Union ...

NCUA posts new economic update

Latest Video Discusses Economic Outlook for 2015 and Looming Risk ALEXANDRIA, VA (March 31, 2015) -- The economic growth outlook for 2015 looks solid, but is less optimistic than a few months ago and oil producing regions may experience rising unemployment, according to a new ...

Consumers Credit Union names Glen Kellam CFS* Registered Representative

KALAMAZOO, MI (March 31, 2015) -- Consumers Credit Union announces the addition of Glen Kellam to the position of CFS* Registered Representative. Kellam has many years of experience working in the field of financial services, starting with positions at First of America Bank and Fifth ...

Consumers Credit Union names Darci Robinson Business Development Manager

­ KALAMAZOO, MI (March 31, 2015) -- Consumers is pleased to announce the addition of Darci Robinson as the Business Development Manager. Robinson’s primary role is to serve existing clients and create new client relationships while providing partnership to the various offices and departments of ...

Hopewell Federal to award scholarship

$1000 to be awarded to Licking County High School Student HEATH/NEWARK, OH (March 31, 2015) -- Hopewell Federal Credit Union (HFCU) announced that it will award a scholarship to a Licking County student pursuing secondary education.  The winner of the HFCU scholarship will be ...

NCUA issues seven prohibition orders

ALEXANDRIA, VA (March 31, 2015) – The National Credit Union Administration has issued seven orders in March prohibiting the following individuals from participating in the affairs of any federally insured financial institution: Vytas Apanavicius, a former bookkeeper of Taupa Lithuanian Credit Union in Cleveland, Ohio, pleaded ...

Aventa Credit Union announces new Senior Vice President of Technology

COLORADO SPRINGS, CO (March 31, 2015) -- Aventa Credit Union recently named Patrick Durkin as its Senior Vice President of Technology. Durkin has more than twenty years of experience as an Information Technology professional. As Senior Vice President of Technology, Durkin will direct the daily ...

Curtis promoted to Manager, Central Region Indirect Lending

(March 31, 2015) -- Security Service Federal Credit Union has promoted Golden Curtis to manager of indirect lending where he will be responsible for managing the effective overall operations of the Central Region Indirect Lending Department. Curtis joined Security Service in 2008 as a senior ...

Payveris and Transaction Directory team to educate market

FIs Offering Services such as P2P money movement key to successfully competing in today’s digital world WETHERSFIELD CN (March 31, 2015) -- Payveris™, an innovative online and mobile digital payments company providing integrated payment solutions to banks and credit unions throughout the United States ...

New credit union fee data available in CUNA Fees Report

MADISON, WI (March 31, 2015) – CUNA released today its latest data on credit union fees today in the 2015-2016 CUNA Fees Report. “Setting fees is a critical task that affects sustainability for credit unions,” shared Jon Haller, Director of Corporate and Market Research at CUNA. “...

BYM Agency contributes to winning 3 CUNA Diamond Awards

OVERLAND PARK, KS (March 31, 2015) -- BYM Agency is pleased to announce that their work for Mazuma Credit Union has resulted in bringing home (3) CUNA Diamond Awards at the national conference in Las Vegas: Best in Category for Brand/Corporate Identity, Best Website (...

Ascensus named a Philly.com top workplace for the fourth year in a row

DRESHER, PA (March 31, 2015) --  Ascensus, the nation’s largest independent retirement plan and college savings services provider, is proud to announce that Philly.com has named the company a 2015 Top Workplace. This marks the fourth consecutive year that Ascensus has been included ...

CFPB announces new ‘Know Before You Owe’ mortgage shopping toolkit

"Your Home Loan Toolkit" Will Help Consumers Be Informed Mortgage Shoppers WASHINGTON, DC (March 31, 2015) -- The Consumer Financial Protection Bureau (CFPB) today released a new toolkit that guides consumers through the process of shopping for a mortgage and buying a house. Developed as ...

San Francisco Federal Credit Union supports financial literacy

SAN FRANCISCO, CA (March 31, 2015) -- San Francisco Federal Credit Union, a not-for-profit, member-owned financial institution serving San Francisco and San Mateo Counties, has planned several initiatives throughout the month of April in support of Financial Literacy Month. The Credit Union has already started ...

Consumers Credit Union hires Josh Summerfield as Mortgage Loan Officer

KALAMAZOO, MI (March 31, 2015) -- Consumers is pleased to announce the addition of Josh Summerfield as Mortgage Loan Officer. In his new position, Summerfield will help members understand the home loan process, while making getting a home loan as simple as possible for them. ...

Consumers Credit Union hires Cindi MacDonald as Project Manager

KALAMAZOO, MI (March 31, 2015) -- Cindi MacDonald has been hired as Project Manager for Consumers Credit Union. In her newly created position, she is responsible for managing facility projects, forecasting necessary building maintenance and improvements, and keeping up with current office trends, technologies, and ...

CU*Answers and Chatter Yak! approach social media with a purpose

GRAND RAPIDS, MI (March 31, 2015) -- CU*Answers, a 100% credit union-owned CUSO, headquartered in Grand Rapids, Michigan recently sponsored two educational webinars on the topic of social media. Co-hosted by Deb Schaffer and Don Emmer of Chatter Yak!, a premier marketing and advertising ...

Daves promoted to Assistant Vice President, Facilities and Development

(March 31, 2015) -- Security Service Federal Credit Union has promoted John Daves, Jr. to vice president of facilities and development where he will oversee the maintenance, construction and management of all corporately owned and leased facilities. Daves joined SSFCU as manager of support services ...

GMC Software Technology awarded Technology of the Year

Inspire Dynamic Communications application honored as a significant advancement in the industry (March 31,  2015) -- www.gmc.net: GMC Software Technology (GMC), the award-winning leader in Customer Communications Management (CCM) and output management today announced that it has been awarded Xplor’s Technology of ...

Modest growth in the small business economy continues

Newtek, The Small Business Authority®, releases February 2015 SB Authority Index NEW YORK, NY (March 31, 2015) -- Newtek Business Services Corp., (NASDAQ: NEWT), The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for February 2015 which ...

ATMIA announces new level of membership for financial institutions

SIOUX FALLS, USA AND LONDON, UNITED KINGDOM (April 1, 2015) -- The ATM Industry Association (ATMIA) announced today that it has created a new level of membership specifically for financial institutions.  Although FIs have always been an important segment of the membership, this new level ...