NEW YORK–New analysis shows that credit unions have been providing better deposit rates than banks consistently over the past decade.
Fresh Today
MADISON, Wis. — The National Credit Union Foundation has released its 2015 Impact Report. Titled “Helping Members Every Step of the Way Along Life’s Journey,” the report provides insight into the initiatives, programs and grants provided by the Foundation throughout the last year.
DUBLIN, Ireland–Plans by 11 credit unions in Ireland to join together and, for the first time, jointly issue a MasterCard debit card, have run into a snag. Ireland’s Central Bank said the debit card and its fees have not yet been granted approval.
NEW YORK–The effect of Dodd-Frank on banks, and by default, credit unions, was profiled in detail by the Wall Street Journal, which summed up the feeling of many by pointing to one person’s joke that TRID doesn’t stand for the TILA-Respa Integrated Disclosure rule, but instead for “The reason I drink.”
MADISON, WIS. – A new report from the Filene Research Institute, titled “Cybersecurity: Credit Unions in the Crosshairs,” addresses what it said is one of the financial industry’s most vexing challenges: data loss and theft.
CORINTH, N.Y.–Hudson River Community CU here has adopted FMSI’s Omnix Staff Scheduler, Omnix Interactive Dashboard and Omnix Performance Analytics solutions.
ALEXANDRIA, Va.—NCUA is hosting a webinar that will address how strong internal controls and accurate accounting are essential to safe and sound credit union operations.
PORTLAND, Maine–As part of its recent 78th Annual Meeting & Convention held in Portland, the Maine Credit Union League presented its annual awards to six individuals who, combined, have nearly 175 years of experience being involved with Maine's credit unions.
PLANO, Texas–Credit union CFOs and managers have had to adjust their asset-management strategies as investment portfolios have changed over the past 10 years in a market of unprecedented low interest rate environment, squeezed net interest margins and changes in liquidity profiles.
KANSAS CITY, Mo.–Credit unions will find out Thursday whether the CFPB intends to sweep them under its new rules for small dollar lending.