MARLBOROUGH, Mass.—Members of the Cooperative Credit Union Association (CCUA) have voted in favor of a merger with with the Delaware Credit Union League.
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ALEXANDRIA, Va.—Following its third consecutive year of growth while being operated under NCUA conservatorship, the $1.5-billion Texans CU has been placed again under the control and direction of its members, the agency announced Friday.
SCRANTON, Penn.–A CEO who was earlier fired for drunk driving has now been charged with bank fraud, including creating fictitious members of the CU’s board.
WASHINGTON—Financial statement preparers will be required to report credit losses on loans and other financial instruments in a more timely fashion under a new standard issued Thursday by FASB.
CUPERTINO, Calif.–Apple announced it is expanding its Apple Pay system from apps to websites.
NASHVILLE–During its annual conference here, NAFCU partnered with Operation Homefront to have attendees assemble hundreds of backpacks that will be donated to military families in Nashville that are in need of school supplies.
NASHVILLE—Credit unions that have done well with direct auto lending only to jump headlong into indirect have led to some CU “horror stories,” asserts one expert.
LEXINGTON, Ky.–UK Federal Credit Union, chartered to serve the University of Kentucky, is being pushed off the university’s campus after PNC Bank announced a deal with UK to be the “official bank” for its 30,000 students and 12,000 employees.
NASHUA, N.H.—Members of the $600-million Triangle Credit Union plan to vote next week on a proposed merger with $6-million St. Joseph Hospital Employee’s CU.
SAN ANTONIO–SWBC has introduced payroll and HR solutions called ThriveHR.