Press

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CUNA to host vendor program on the credit union marketplace

MADISON, WI (March 16, 2015) -- CUNA Strategic Services will host an intensive, new educational program for vendors looking to establish themselves in the credit union movement. The program, CUNA CORE, will be held this summer in Madison, Wis. “CUNA CORE is the only centralized ...

Central Florida school systems benefit from MyCFE4Schools debit card

LAKE MARY, FL (March 16, 2015) -- Nickels add up to dollars, making big things happen for Central Florida school districts. CFE Federal Credit Union’s MyCFE4Schools affinity debit card program is proof of that. The credit union recently donated over $110,000 in proceeds ...

The key to great analysis for credit unions

(March 16, 2015) -- One of the roadblocks we often see with credit unions is that they do not have quality data that is necessary for the analysis process. The key is to incorporate data management strategies that ensure a credit union has quality data ...

Disparate impact: why it’s more than just a regulatory issue

(March 16, 2015) -- There has been a lot of discussion over the last couple of years regarding Disparate Impact and Fair Lending Testing, specifically in regard to the NCUA requiring credit unions to prove they are not treating members differently based upon being a ...

Local volunteers shave their heads to support childhood cancer research

St. Baldrick’s Foundation event to raise money for lifesaving research YORKTOWN, VA (March 14, 2015) -- 1st Advantage Federal Credit Union will host a signature head shaving event to benefit the St. Baldrick’s Foundation. St. Baldricks is a volunteer-driven charity dedicated to raising ...

NACUSO letter to NCUA regarding their revised Risk Based Capital proposal

March 13, 2015 Gerard Poliquin Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA 22314-3428 Re: Comment to the Second Proposed Prompt Corrective Action – Risk-Based Capital (RBC) Regulation Dear Mr. Poliquin: The National Association of Credit Union Service Organizations (“NACUSO”) is ...

DCECU employees support Autism Society of Michigan

MIDLAND, MI (March 13, 2015) -- Staff members at Dow Chemical Employees’ Credit Union raised $395 for the Autism Society of Michigan through their most recent “Jeans Day” fundraiser. For each of the one-day fundraisers throughout the year, participating DCECU employees donate a minimum of $...

Consumers Credit Union to build new corporate headquarters

KALAMAZOO, MI (March 13, 2015) -- Consumers Credit Union announces plans to build its new corporate headqua­­­rters on a 22-acre site located at the Groves in Kalamazoo, Michigan. Consumers Credit Union selected the site for its natural setting, visibility and its central location in ...

GAC community building: giving back, lending a hand, caring

MADISON, WI (March 13, 2015) -- The National Credit Union Foundation (NCUF) embodies the spirit of credit unions through its efforts to strengthen and develop the credit union movement. As the movement's charitable arm, the NCUF funds industry-wide development initiatives, including: · Financial education to consumers ...

NCUA: State-level data show credit unions’ loan growth continues

Asset Growth Rises, Delinquencies Steady, Deposit Growth Edges Higher  ALEXANDRIA, VA (March 12, 2015) -- America’s credit unions continued to boost lending during the year ending Dec. 31, 2014, according to state-level data compiled by the National Credit Union Administration. Nationally, median asset growth ...

FORUM Credit Union announces organizational changes and new hires

INDIANAPOLIS, IN (March 12, 2015) -- FORUM Credit Union announces organizational changes and new employees to its business development, retail, and organizational development departments. Amanda Fisher joins FORUM as a Business Development Manager and will be responsible for managing and growing relationships with member companies ...

CU*Answers hosts Unique Data Symposium

GRAND RAPIDS, MI (March 12, 2015) -- CU*Answers, a credit union-owned core processor, recently held its first ever Data Investment Symposium, a focus group event to brainstorm new investments the CUSO should be making in data. Present were credit union leaders and data analysts ...

United Federal Credit Union to open in-store branch in Springdale

SPRINGDALE, AR (March 12, 2015) -- United Federal Credit Union (UFCU) is excited to announce the Grand Opening of an in-store branch at the Walmart SuperCenter, 2004 S. Pleasant St, Springdale, Arkansas. The branch will be open for business on Monday, March 16. The public ...

CFE Federal Credit Union partners with Seminole State College

LAKE MARY, FL (March 12, 2015) -- Seminole State College of Florida now has its own affinity debit card through CFE, just in time to celebrate the college’s 50th Anniversary. The card is CFE’s newest addition to its affinity debit card suite. CFE ...