ALEXANDRIA, Va. – Credit union board directors considering a merger can learn more about the process and its benefits in a new online training module that has been released by NCUA.
Fresh Today
WASHINGTON–While homeownership among young adults has fallen sharply since the onset of the housing bust—leading to the perception that family help is needed—new research has found that only about one in 17 adult children who are between the ages of 20 and 49 and are not already homeowners receive substantial parental financial assistance.
NEW PROVIDENCE/SCOTCH PLAINS, N.J.–The $76-million Advanced Financial FCU and the $20-million United Financial Services FCU have announced plans to merge effective April 30.
RALEIGH, N.C.–Walnut Creek Amphitheatre here will soon have a new name. Following an agreement with Live Nation, the largest outdoor amphitheater in the area will now be called Coastal Credit Union Music Park at Walnut Creek.
ATLANTA–FMSI, a provider of workforce optimization solutions for credit unions, will host a live, complimentary webinar titled “Predicting the Branch of the Future” on Thursday May 12 from 1:00 p.m. to 1:30 p.m. ET, and Tuesday May 17 from 1:00 p.m. to 1:30 p.m. ET.
BOULDER, Colo.—Elevations Credit Union has been selected as an employee banking services partner for the City of Boulder.
MILPITAS, Calif.–A relatively unknown cybercrime group has hacked numerous organizations to steal as many as 20 million payments cards worth as much as $400 million in underground cybercrime sales, according to a new report from FireEye, which provides cybersecurity.
WASHINGTON—The Financial Accounting Standards Board says its “current expected credit loss” standard will take effect one year later than originally planned for credit unions under a change approved Wednesday.
SEOUL, South Korea—Samsung is reported to be partnering with several leading POS terminal manufacturers to ensure that customers looking to use its Samsung Pay service will be able to complete their transactions quickly and smoothly.
ARLINGTON, Va.—NAFCU President and CEO Dan Berger with Executive Vice President of Government Affairs and General Counsel Carrie Hunt met with NCUA Board Vice Chairman Rick Metsger Tuesday to discuss field of membership and moving healthy credit unions back to an 18-month exam cycle.