WINSTON-SALEM, N.C.–Allegacy FCU here said it will raise its minimum wage to $15.25 per hour effective Jan. 1, saying it is making the move to attract and retain top talent.
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MADISON, Wis.—CUES said it is partnering with Think|Stack and its cyber governance solution, Goma, to offer its members a tool that allows credit unions to “manage their digital transformation.”
PONCA CITY, Okla.–Cherokee Strip Credit Union here has converted to CU*BASE, the core processing platform of the Grand Rapids, Mich.-based CUSO, CU*Answers.
MT. PROSPECT, Ill.–Credit unions are being reminded that the new year will also bring a new countdown: just one year until ATM operating systems must be upgraded to Windows 10.
WASHINGTON—The Federal Reserve has rejected Wells Fargo & Co's plans to prevent further consumer abuses and told the scandal-plagued bank it needs stronger checks on management, according to a Reuters report.
ARLINGTON, Va.—An executive order signed this week by the Trump Administration will establish a White House Revitalization Council that will be comprised of 13 federal agencies, including the U.S. Housing and Urban Development (HUD), Justice Department, Energy Department, Small Business Administration, and others.
WASHINGTON—The Bureau of Consumer Financial Protection has released a new beta version of the Home Mortgage Disclosure Act (HMDA) platform for data collected in 2018.
ARLINGTON, Va.–NAFCU has sent a letter to regulators urging them to interpret the Volcker rule “in the way Congress intended,” which is not to "afford the largest and most complex banks relief from critically important safety and soundness regulations."
ANN ARBOR, Mich.–The new year-end Credit Union Satisfaction Index (CUSI) stands at 86, showing a slight increase in the level of satisfaction among credit union members over that of bank customers.
HUNTINGTON BEACH, Calif.–The American Association of Credit Union Leagues has elected its board and board executive committee members. The elections were held during the AACUL’s winter conference here.