TAMPA, Fla. – GTE Financial Credit Union has named Brian Best as its new president and CEO.
Fresh Today
WASHINGTON–The 30-year fixed-rate mortgage averaged 3.64% with an average 0.5 point for the week ending May 26, 2016, up from one week earlier when it averaged 3.58%, according to Freddie Mac.
FORT WASHINGTON, Penn.–The $1.7-billion Trumark Financial Credit Union said it will be absorbing via merger the $76-million Keystone Federal Credit Union. The merger is expected to be completed by Oct. 30.
HONOLULU—Gordon Sam, chairman of Pearl Hawaii FCU, has been named to the Defense Credit Union Council’s Hall of Honor.
GRAND RAPIDS, Mich.–Credit unions that are clients of CU*Answers can now offer a new “step-down” type of line-of-credit loan that combines the benefits of a long-term open credit loan with the flexibility of a revolving line-of-credit, according to the CUSO.
ALEXANDRIA, Va.–As part of its training to ensure examiners keep pace and continue to provide credit unions and their members with high-quality service, NCUA said its 2016 National Exam Program Training provided 900 NCUA staffers with a skills development program that included wide-ranging sessions on cyber security, member business lending, managing examinations, interest rate risk and consumer protection issues.
WEST HARTFORD, Conn.–Western Heritage Credit Union and Insuritas will host a webinar on June 2 that discusses how the $100-million WHCU was able to build a top-performing insurance agency.
ALEXANDRIA, Va.—With a new registration system now required for grant applicants, low-income credit unions seeking Community Development Revolving Loan Fund assistance grants should give themselves adequate time to file, NCUA reminded.
INDIANAPOLIS–Eight credit union members from four different Indiana credit unions each won either $25 or $50 in May for their participation in the new Save to Win prize-linked savings program that is now available in this state.
WASHINGTON—The National Credit Union Foundation will host a Twitter Chat on improving and protecting the financial lives of older Americans on June 8 at 3 p.m. ET.