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Membership Climbs Past 99 Million; Net Worth Ratio Nears 11 Percent. ALEXANDRIA, VA (March 2, 2015) -- Loan growth at federally insured credit unions in 2014 climbed to the highest level since 2005, the National Credit Union Administration reported today. “2014 was a very productive ...
WASHINGTON, DC (March 2, 2015) -- CUNA-supported legislation was introduced today by Representatives Ed Royce (R-Calif.) and Greg Meeks (D-N.Y.) to raise the cap on credit union member business lending from 12.25 percent to 27.5 percent of assets. The Credit Union Small ...
WASHINGTON, DC (March 2, 2015) -- National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to NAFCU-backed legislation reintroduced by Reps. Ed Royce, R-Calif., and Greg Meeks, D-N.Y., both on the House Financial Services Committee, ...
Acquisition signals PayPal is now siding with credit unions, other financial institutions and retailers to empower their own apps with mobile payment LOS ANGELES, CA (March 02, 2015) -- In response to today’s announcement of PayPal’s pending acquisition of Paydiant, CU Wallet has ...
WASHINGTON, DC (March 2, 2015) -- Jonathan (Jared) Ihrig has been promoted to Chief Compliance Officer for the Credit Union National Association (CUNA). Effective immediately, Ihrig will manage staff to provide compliance information to leagues and credit unions, as well as provide assistance to CUNA’...
LOWELL, MA (March 2, 2015) -- The “We Share a Common Thread” fundraiser hosted by Jeanne D’Arc Credit Union Saturday night (February 28) at Lenzi’s in Dracut, Mass., to benefit the We Share a Common Thread Foundation was a tremendous success. Our “We ...
BETHALTO, IL (March 2, 2015) -- 1st MidAmerica Credit Union completed a merge with School District #9 Credit Union (SD9 CU) in Granite City on March 2, 2015, expanding its footprint to 10 locations in the region. The existing SD9 CU branch, located at 3361 ...
PHOENIX, AZ (Mar. 2, 2015) Mobile Strategy Partners LLC (MSP), a leading provider of strategic and technical advisory solutions to the financial services industry, announced today at the 2015 BAI Payments Connect Conference the availability of MSP Mobile Switch Assist, which enables financial institutions’ customers ...
Expands Access to Lending for Mortgage Professionals, Credit Unions, Community Banks, Realtors and Other Financial Institutions Seeking Opportunities with Underserved Borrowers EAST HARTFORD, CT (March 2, 2015) -- 1st Alliance Lending, LLC (www.1stalliancelending.com) is launching a national mortgage lending platform to expand its ...
Sioux Falls, SD (March 2, 2015) -- The ATM Industry Association (ATMIA) has launched on social media a new animated video about ten true stories from around the world when cash proved indispensable. “As human beings, we should all carry back-up cash, since cash always ...
ST. JOSEPH, MI (March 2, 2015) -- Carly McNeilus has been named Director of eCommerce Sales and Marketing at United Federal Credit Union (UFCU), in St. Joseph, Mich. McNeilus will lead staff in prioritizing, designing and developing new digital Member experiences and will direct the ...
VANCOUVER, BC (March 2, 2015) -- As part of an ongoing effort to provide enhanced marketing services for the credit union sector, RewardStream is pleased to introduce a new program specifically designed for credit unions. Believing that referral marketing aligns perfectly with the values of ...
MADISON, WI (March 2, 2015) -- Construction is underway for the new Summit Credit Union branch in Waukesha. The 3,400-square-foot facility is located at 1103 Spring City Lane and is expected to open on March 23, 2015. It will replace Summit’s current location ...
About 1,000 bowlers packed Colonial Lanes in Iowa City on Sunday for the 31st annual Bowl for Kids’ Sake. IOWA CITY, IA (March 1, 2015) -- Sara Barron, community relations director at Big Brothers Big Sisters of Johnson County, said the organization hopes to ...
WASHINGTON, DC (February 27, 2015) -- National Association of Federal Credit Unions (NAFCU) Director of Legislative Affairs Jillian Pevo issued the following statement in response to NAFCU-supported legislation introduced today by Rep. Rick Mulvaney, R-S.C., that would require the Government Accountability Office (GAO) to ...
KANSAS CITY, MO (February 28, 2015) -- Mazuma Credit Union recently celebrated the opening of its new Overland Park Headquarters and branch with a ribbon cutting on February 27th and a Winter Beach Bash on February 28th. Over a thousand people showed up to the ...
“Financial Fitness Day” Supports State & National Fin Ed Programs MADISON, WI (February 27, 2015) -- The National Credit Union Foundation (the Foundation) is inviting credit union organizations to hold a “Financial Fitness Day” fundraiser on April 1, 2015 to kick off National Financial Literacy ...
FREDERICK, MD (February 27, 2015) -- AffirmX presents a new video in its Risk Watch series exploring the regulatory hunt for deceptive advertisement, and how financial institutions can avoid becoming the next big headline. The video highlights some chronic mistakes and how to safeguard against ...
BIRMINGHAM, AL/TALLAHASSEE, FL (February 27, 2015) -- Rep. Jeff Miller (R-FL) re-introduced legislation today that will make it easier for veterans to get access to loans for small business purposes from a credit union. HR 1133 is identical to last year’s HR 5061, ...
ST. JOSEPH, MI (February 27, 2015) -- Nithida Somsanith has been appointed to the position of Products Marketing Manager at United Federal Credit Union (UFCU) in St. Joseph, Michigan. In her new role, Somsanith will lead the pricing, promotion and life cycle management of UFCU ...
HERNDON, VA (February 27, 2015) -- Northwest Federal Credit Union is closely monitoring the congressional funding situation with the Department of Homeland Security and stands ready to assist its members. “We understand the impact that a potential furlough may cause, and we are here for ...
ST PAUL, MN (February 27, 2015) -- Hiway Federal Credit Union (Hiway) is proud to announce that three of our Investment Services at Hiway Federal Credit Union employees received the 2015 Five Star Wealth Manager Award. Scott Ekholm, Sr. Financial Consultant is a three-year winner, ...
SAINT JOSEPH, MI (February 27, 2015) -- In recognition of an incredibly successful corporate United Way campaign, Honor Credit Union has received The Spark Award from United Way of Southwest Michigan. Honor Credit Union’s Public Relations Coordinator and employee campaign chair, Kaylee Williams, led ...
WASHINGTON, DC (February 27, 2015) -- Robert Henson has joined the Credit Union National Association (CUNA) as Associate Director of Advocacy. Henson joins CUNA from the office of Senator Mark Begich (D-AK) where he served as legislative assistant on tax policy and financial services issues. ...
MIDDLETOWN, PA (February 27, 2015) -- MY CU Services – a CUSO of Mid-Atlantic Corporate Federal Credit Union – is giving away free bill payment to ClearChoice FCU, winner of “The Great Transaction Challenge.” The contest challenged credit unions to grow their electronic bill payment transactions in ...
WARNER ROBINS, GA (February 27, 2015) — Each year, Robins Federal Credit Union selects two employees that represent the best of the best in two categories – Manager of the Year and Employee of the Year. Employees are selected by management based on their outstanding work performance ...
CFO and CIO positions staffed with proven financial services professionals. ALEXANDRIA, VA (February 25, 2015) -- Pentagon Federal Credit Union (PenFed) recruited two more top-level executives this month; hiring chief financial officer and chief information officer, Denise McGlone and Joseph Thomas, respectively. McGlone brings both ...
MIDDLETOWN, RI (February 27, 2015) -- On Tuesday, February 24th, People’s Credit Union, North Kingstown High School school officials, and Seth Magaziner, Rhode Island General Treasurer, recognized North Kingstown High School students for the completion People’s Credit Union’s Rhode Island Financial Scholars ...
Madison, WI (February 27, 2015) – CUNA and Coopera have announced the latest addition to their partnership product suite, the Spanish language Seminar in a Box for Members series – Organice sus Archivos Financieros. The seminar, translated to Organize Your Financial Records, was created to help credit ...
CHESAPEAKE, VA (February 27, 2015) -- Local students are getting a free education in how to manage their money. ABNB Federal Credit Union is working with Banzai, a national award-winning financial literacy program, to make curriculum available in Chesapeake, Virginia Beach, Norfolk and Portsmouth city ...
