ALEXANDRIA, Va.—The number of federally insured CUs filing late Call Reports continues to fall, with 14 agreeing to civil money penalties for filing their Q2 Call Report late.
Fresh Today
MADISON, Wis. – Credit unions can expect to continue to see strong growth in loans, savings and memberships as the economy experiences healthy growth in the coming years, according to CUNA Mutual Group’s Chief Economist Steve Rick.
NEW HAVEN, Conn.–This year is on its way to setting a record for enforcement activity against financial institutions, according to the latest Banking Compliance Index (BCI).
LOMBARD, Ill.—Changing consumer behaviors and new, nonbank competitors require that financial institutions rethink their checking products, Raddon Financial Group asserts.
ARLINGTON, Va.–As CUToday.info reported here, there continues to be considerable confusion among consumers and even merchants over the new EMV cards that are being rolled out nationally.
AUSTIN, Texas–The Texas Credit Union Department is mulling a number of amendments to rules for state charters around the issue of field of membership.
TAMPA, Fla.—Suncoast Credit Union has launched a new private health insurance exchange portal.
MADISON, Wis.—The peer-to-peer lending market is surging within the broad financial services market. In response, a new report from Filene Research Institute and Credit Union Central of Canada, Peer-to-Peer Lending and the Future of Cooperation, encourages credit unions to develop strategies to embrace, adapt to, or defend against peer-to-peer lending.
CHICAGO–Are you still haunted by a ghoulish memory at your credit union (or business)? Perhaps a former employee without a ghost of understanding about what it meant to be a good co-worker or serve members? A zombie-like practice that refused to die? A former member goblin’ up resources and time with their demands and requests?
TOLEDO, Ohio–Lucas County (Ohio) commissioners have voted in favor of providing a $100,000 grant to the new Toledo Urban FCU, which is seeking to begin providing services to an underserved portion of Toledo.