Press

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Community Financial Credit Union announces scholarship opportunity

BROOMFIELD, CO (March 18, 2015) -- Community Financial Credit Union is offering three scholarships totaling $5,000 this year to both members and non-members of the Credit Union. Two scholarships of $2,000 each will be awarded to students who are members of the CreditUnion, ...

San Francisco FCU merger with SF Recreation & Parks FCU approved

SAN FRANCISCO, CA (March 18, 2015) -- San Francisco Federal Credit Union, a not-for-profit, member-owned financial institution serving San Francisco and San Mateo Counties, has scheduled a merger with SF Recreation & Parks Federal Credit Union. The merger will take effect June 1, 2015 and ...

AmeriChoice launches Home Stretch Final Mortgage

CUMBERLAND, PA (March 18, 2015) -- AmeriChoice Federal Credit Union has developed a new mortgage product specifically for members and non-members who want to be mortgage free in time for retirement. The Home Stretch Final Mortgage will shrink the term of your current mortgage and ...

Only 1 day until… Consolidated Asset Recovery Systems webinar

(March 18, 2015) -- Join us for a webinar on Mar 19, 2015 at 10:00 AM PDT. Register now! You’re cordially invited to a free LIVE Webinar : “Third Party Agent Compliance – Are You Covering All The Bases?” Webinar will be Presented by Steve ...

CUNA-backed bill would bring residential loan parity

WASHINGTON, DC (March 18, 2015) -- Representative Ed Royce (R-CA) reintroduced the CUNA-supported Credit Union Residential Loan Parity Act today. Under current law, when a bank makes a loan to purchase a 1-4 unit non-owner occupied residential dwelling, the loan is classified as a residential ...

NCUA warns consumers about “National Credit Union” phishing scam

Website Uses Logo Similar to NCUA’s, Mimics Website Design and Language ALEXANDRIA, VA (March 17, 2015) -- The National Credit Union Administration has received reports of an online phishing scam that uses a website with a logo and a design similar to the agency’...

NAHREP opens nominations for 2015 Top 250 Latino Mortgage Originators Awards

Award compliments the highly successful NAHREP Top 250 Latino Real Estate Agents Award SAN DIEGO, CA (March 18, 2015) -- The National Association of Hispanic Real Estate Professionals (NAHREP®) announced today that it has begun accepting nominations for its inaugural Top 250 Awards for Latino ...

NACUSO comment letter on NCUA’s proposed risk-based capital regulation

(March 13, 2015) -- The National Association of Credit Union Service Organizations (“NACUSO”) is a trade association of credit union service organizations and credit unions. The mission of NACUSO is to strengthen credit unions through collaboration. On behalf of NACUSO, we would like to provide ...

Two leagues purchase minority equity in compliance firm PolicyWorks

DES MOINES, IA (March 18, 2015) -- The Ohio Credit Union League and the California and Nevada Credit Union Leagues recently purchased minority equity stakes in PolicyWorks, a compliance consulting firm owned by the Iowa Credit Union League. Member credit unions of the Ohio and ...

2015 CUNA Experience Learning Live! advisory committee selected

MADISON, WI (March 18, 2015) -- CUNA has selected five outstanding credit union professionals to serve on the 2015 CUNA Experience Learning Live! advisory committee. The committee is charged with securing the top industry speakers, producing timely and relevant sessions, organizing networking events and creating ...

MSGCU and Vision Hope: Changing children’s lives

CLINTON TOWNSHIP, MI (March 18, 2015) -- Michigan Schools and Government Credit Union (MSGCU) and Vision Hope are making a difference this summer by supporting a unique camp experience for a special group of children. Champion for Life Kids’ Camp provides hundreds of abused, neglected ...

Thomas Binversie earns MEMBERS Medallion Award

SHEBOYGAN, WI (March 15 2015) -- Thomas Binversie has recently earned the MEMBERS Medallion Gold Award from CUNA Mutual Group. Medallion Awards are presented annually to those advisors who reach superior sales of MEMBERS Annuities from CMFG Life Insurance Company, MEMBERS Mutual Funds and MEMBERS ...

Premier Members Credit Union names new chief financial officer

Mark Wiete hired to oversee Premier Members’ finance and accounting division Boulder, CO (March 3, 2015) -- Premier Members Federal Credit Union named Mark Wiete as its new chief financial officer on March 2. Wiete has more than 35 years of financial services experience with ...

Premier Members Credit Union expands scholarship program

Colorado’s Premier Scholarship increased from $4,500 to $10,000 Boulder, CO (March 3, 2015) -- Premier Members Federal Credit Union will be helping even more students pay for their education this year. Open to both undergraduate and graduate students, the Colorado’s Premier ...

CUNA: Weak link in the payment system leads to data breaches

WASHINGTON, DC (March 17, 2015) -- The Credit Union National Association (CUNA) urged Congress to enact meaningful data security legislation in advance of tomorrow’s Energy and Commerce Subcommittee hearing on the Data Security and Breach Notification Act of 2015. CUNA is calling for legislation ...

OnApproach to appear on Fox Business Network and Bloomberg Television

PLYMOUTH, MN (March 18, 2015) -- OnApproach (www.onapproach.com), a leading provider of Big Data and Analytics for credit unions, is pleased to announce that it will appear on Fox Business Network and Bloomberg Television to discuss how credit unions can leverage their data ...

FFIEC focuses on cybersecurity, will debut self-assessment tool

WASHINGTON, DC (March 17, 2015) -- The Federal Financial Institutions Examination Council (FFIEC) today provided an overview of its cybersecurity priorities for the remainder of 2015. The priorities include seven workstreams that stem from last year’s pilot assessment of cybersecurity readiness at more than ...

CU*Answers releases 2015 Board Member Handbook

GRAND RAPIDS, MI (March 17, 2015) --  CU*Answers recently announced the publication and release of its 2015 Board Member handbook. The handbook is developed annually and provided free to anyone with an interest in learning more about how the CU*Answers Board of Directors ...

Improvement continues for corporate resolution cost and guaranteed notes data

Matz: NCUA “Will Continue to Exercise Prudence” until Stabilization Fund Expires ALEXANDRIA, VA (March 17, 2015) --  The National Credit Union Administration has updated information about the costs of the Corporate Resolution Program and the performance of the NCUA Guaranteed Notes Program. The upper and ...

National MI boosts its sales force with four new hires

Private mortgage insurer augments its sales team to meet growing demand EMERYVILLE, CA (March 17, 2015) -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) announces the addition of four industry professionals to its sales team.  The new hires ...

NCUA warns consumers about “national credit union” phishing scam

Website Uses Logo Similar to NCUA’s, Mimics Website Design and Language ALEXANDRIA, VA (March 17, 2015) -- The National Credit Union Administration has received reports of an online phishing scam that uses a website with a logo and a design similar to the agency’...

Credit unions resolve to be heard on second RBC Proposal

Credit Union Voices sponsors successful in-person “raise-your voice” event at CUNA GAC WASHINGTON, DC (March 17, 2015) -- Numerous credit union volunteers, leaders and staff stopped by the Credit Union Voices booth at CUNA’s Governmental Affairs Conference to express concerns about NCUA’s revised ...