CHICAGO –– Despite a year in which institutions insured by the FDIC reported a nearly 30% increase in net income, financial institution CFOs who say they are “very confident” in their institutions’ abilities to manage the financial impact of evolving business circumstances dropped to just 22% in 2018 from 35% the previous year, according to a new report.
WASHINGTON—The Federal Reserve's fourth-quarter senior loan officer opinion survey (SLOOS) revealed banks will continue to see deteriorating lending conditions as loan performance is expected to decline in 2019.
ALBANY, N.Y.—New York Attorney General Letitia James has announced a debt relief program for workers and families in New York who were affected by the partial shutdown of the federal government.
ST. PETERSBURG, Fla.–PSCU has announced the full line-up for its Member Forum, set for April 2-4 at the JW Marriott Austin.
MADISON, Wis.—CUES has announced the 2019 recipient of a scholarship to attend its prestigious CEO Institute program. Ted Pahl, CEO of Tignish CU in Prince Edward Island, Canada has been named as the winner of the award.
JACKSONVILLE, Fla. – A hearing was held here yesterday to determine a suspect’s competence to stand trial for kidnapping and armed robbery of a credit union in 2016.
AUSTIN, Texas–FirstClose announced its reporting suite is now available through Ellie Mae’s Encompass digital mortgage solution.
ST. CATHERINE’S, Ontario–Meridian Credit Union here said it is on target to meet the April launch of a new digital bank, saying regulators have signed off on the new offering.
WINDSOR LOCKS, Conn.–Windsor Locks FCU has named a new CEO. The credit union has selected Charla Stetson, who previously serviced as VP-operations and member services, to lead the organization. Stetson succeeds John E. Franco, Jr., who retired.
ELDORA, Iowa–Two Iowa credit unions have merged. The $2.9-million ETS Credit Union, founded to serve the Eldora Training School, has been absorbed by the $168-million Members1st Credit Union in Marshalltown, Iowa.
