How to execute a digital strategy to support changing expectations
It’s no secret that financial services organizations are on a digital transformation journey.
View ArticleCFPB chief search complicated by GOP’s tenuous Senate hold
The statutory clock on Mick Mulvaney serving as acting head of the Consumer Financial Protection Bureau is under a year, but the administration's path to getting a full-time director confirmed by the...
View ArticleHow Trump’s budget affects CFPB, GSE fees, other banking priorities
The Trump administration’s 2019 budget highlights the administration’s goal of reining in the post-crisis regulatory apparatus, with proposed cuts for several agencies including the Consumer Financial...
View ArticleThink pink: Credit unions in the community
Here's a look at how credit unions are giving back to -- and getting recognized by -- their communities.
View ArticleHow banks are creating a road map to real-time payments
Early adopters of The Clearing House’s Real Time Payments network have built gateways and accelerated fraud detection systems.
View ArticleCFPB embraces free-market approach in new strategic plan
Continuing to pull back the reins on the aggressive approach taken under former Director Richard Cordray, the agency's new five-year plan values consumer choice over heavy-handed enforcement.
View ArticleRequired ATM upgrade coming soon: Will you be ready?
With some 3.5 million ATMs all needing to be converted Windows 10 at the same time, some credit unions are being proactive now to avoid the mad rush.
View ArticleAltura Credit Union reports net income skyrocketed in 2017
The California-based CU says its 2018 emphasis will be on member retention and expansion.
View ArticleAfter a strong 2017, GrooveCar expecting banner year in 2018
The company has written more than 105,000 leases since its founding and expects 2018 to be its most successful year yet for the CU Xpress Lease product.
View ArticleCredit Union 1 has a new CEO: James Wileman
The $1 billion-asset Alaska-based credit union has tapped its former chief operating officer for the top spot.
View ArticleUpbeat FHA outlook in Trump budget renews calls for premium reduction
The new budget proposal projects a very profitable Federal Housing Administration in fiscal year 2019, but there are no indications the FHA will reduce its mortgage insurance premiums anytime soon.
View ArticlePayback: Dems give CFPB's Mulvaney the Cordray treatment
The acting director of the Consumer Financial Protection Bureau on Tuesday had his first taste of the withering congressional criticism endured by his predecessor on trips to Capitol Hill.
View ArticleBeacon Mutual Federal Credit Union to merge into TopMark FCU
The two Lima, Ohio-based CUs will combine to create a $44 million-asset institution.
View ArticleFrom wallets to wellness: Allegacy partners for health care counseling
A financial health care well-being initiative Allegacy FCU has offered employees for about a decade is being expanded to the entire membership, thanks to a new partnership with a local clinic.
View ArticleVeteran employees, directors help provide consistent member experience
Credit unions celebrate longevity of service with anniversary celebrations and more news related to recruitment and retention of top talent.
View ArticlePioneering Fla. credit union to buy community bank
Achieva Credit Union, which recently formed a business to advise other acquisition-minded credit unions, has agreed to buy Preferred Community Bank.
View ArticleSmall nonbanks call for clearer exemption from CFPB audits
Nonbank mortgage firms are seeking formal assurance from the Consumer Financial Protection Bureau that they will not become subject to surprise audits or enforcement without involvement of a state...
View ArticleHawaii's HMSA Employees FCU to convert to EPL’s i-POWER core system
The Hawaii-based credit union hopes to improve member experience and streamline operations as a result of the conversion.
View ArticleTechnology Credit Union makes $23 million construction loan
The Silicon Valley-based CU is funding development of an apartment building.
View ArticleWisconsin CUs hit double-digit loan growth in 2017
On top of a banner year for lending, delinquency rates in the state are at historic lows.
View ArticleHow credit unions leverage a heartfelt holiday
From giveaways to budgeting tips and more, here's how credit unions are helping members have a romantic Valentine's Day, no matter how big or small their price point.
View ArticleMulvaney looks to neuter CFPB’s most potent weapon
Acting Consumer Financial Protection Bureau Director Mick Mulvaney is discarding many of the policies of his predecessor but none as important perhaps as the agency's targeting of "unfair, deceptive or...
View ArticleA 'mental shift' after crash course in distributed ledger technology
This week marks the return of a series of intensive, hands-on training sessions in distributed ledger technologies for credit union executives.
View ArticleCFPB adds eight more topics to broad review of activities
The CFPB sought input Wednesday about the effectiveness of its supervisory activities and added more topics, including consumer complaint reporting, to a review of all aspects of the agency's operations.
View ArticlePot CU gets Fed account, but still can't serve legal dispensaries
The credit union chartered to serve legal pot businesses in Colorado got an account with the Fed but it's still got a long way to go before it can do business.
View Article
