Press

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CUNA applauds President for signing IOLTA into law

WASHINGTON, D.C. (December 18, 2014) -- President Obama today signed H.R.3468, Credit Union Share Insurance Fund Parity Act (IOLTA), into law. H.R. 3468 will direct the National Credit Union Administration (NCUA) to issue a regulation extending share insurance to owners of ...

Illinois League announces new Office of General Counsel staff member

NAPERVILLE, IL. (December 18, 2014) -- The Illinois Credit Union League (ICUL) is pleased to announce the addition of a new staff member in its Office of General Counsel. Steve Haubner accepted the position of ICUL’s assistant general counsel, effective December 1, 2014.  Haubner ...

Credit union veteran announces retirement

GRAND RAPIDS, MI (December 18, 2014) -- After working in the credit union world for 40 years, Melinda Haehnel, announced she will retire from CU*Answers, the core processing CUSO, on December 19, 2014. “It has been an honor and privilege to be a member ...

NAFCU’s 2015 Regulatory Compliance School set near nation’s capital

 March 30-April 3 WASHINGTON, DC (December 18, 2014) -- Credit union professionals attending the National Association of Federal Credit Unions (NAFCU) 2015 Regulatory Compliance School will gain the knowledge needed to conquer a growing number of regulatory compliance requirements. The School will be held March ...

FORUM Credit Union offers new savings products

INDIANAPOLIS, IN (December 18, 2014) -- FORUM Credit Union is pleased to offer two new savings accounts to members. The 52 Week Money Challenge and Saving for a Reason Account offer additional features, benefits and incentives than a standard savings account. The 52 Week Money ...

Dave Von Derau named 2015 President of Dayton Mortgage Bankers Association

BEAVERCREEK, OH (December 18, 2014) -- Dave Von Derau, Wright-Patt Credit Union (WPCU) Director of Retail Mortgages, has been named 2015 President of the Dayton Mortgage Bankers Association (DMBA). In this role Von Derau will provide strategic leadership to the local association which represents 115 ...

Greylock’s “Lend a Helping Hand Campaign” surpasses $12,000 mark

PITTSFIELD, MA (December 18, 2014) -- Greylock Federal’s “Lend a Helping Hand - Together We Can - Holiday Mitten Campaign,” hassurpassed the $12,000 mark, going beyond its original goal of $5,000. The campaign featured an offer by Greylock to match Member donations. ...

Community Resource’s employees serve up a hot meal to the homeless

ALBANY, NY (December 18, 2014) -- Community Resource Federal Credit Union’s employees served a holiday meal to 85 guests at Interfaith Partnership for the Homeless on Tuesday, December 16, 2014. The Century House in Latham donated the meal that included chicken, green beans, collard ...

Akcelerant participates in community service at local family shelter

Nearly twenty employees volunteer on Akcelerant’s second annual “Day of Caring” MALVERN, PA (December 18, 2014) – Akcelerant, a provider of software and services to the financial industry, coordinated an afternoon of community service last month in conjunction with Akcelerant’s charity partner, the United ...

Gov. Cuomo signs historic field of membership expansion bill into law

ALBANY, NY (December 18, 2014) -- Gov. Andrew Cuomo yesterday signed into law a historic piece of pro-credit union legislation that will allow state-chartered credit unions to combine select employer groups, associational and community groups into a single field of membership. The New York Credit ...

Scott Everett named to Mortgage Professional America’s Hot 100 list

For second straight year, Supreme Lending President honored by peers for impact on industry DALLAS, TX (December 18, 2014) -- Supreme Lending, a Dallas-based nationwide mortgage lender, announced Scott Everett, the company’s president, has been named to Mortgage Professional America Magazine’s Hot 100 ...

NAFCU reiterates top concerns to NCUA on second risk-based capital proposal

WASHINGTON, DC (December 17, 2014) -- National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in conjunction with the association’s letter to the National Credit Union Administration (NCUA) on the agency’s second risk-based capital proposal. "NAFCU ...

Iowa credit unions post strong loan growth for third quarter 2014

DES MOINES, IA (December 17, 2014) — Callahan & Associates released its Quarterly Performance Summary for the third quarter of 2014, which compares Iowa credit unions to credit unions nationally. According to the September 30, 2014 summary, credit unions in Iowa reported strong financial performance, posting ...

Ellie Mae report: Low rates continue to fuel refi volume

Share of refinance volume jumped 5% in November to the highest level since July PLEASANTON, CA (December 17, 2014)  -- Lenders’ share of mortgage refinancing volume rose for the fourth straight month in November as mortgage interest rates continued to fall, according to the latest ...

NCUA opens first 2015 grant round Feb. 2

Student Internship and Training Grants Available for Low-Income Credit Unions ALEXANDRIA, VA (December 17, 2014) -- Low-income credit unions interested in providing staff training or hiring interns in 2015 should consider applying for the first round of technical assistance grants from the National Credit Union ...