JACKSONVILLE, Ark.–Arkansas FCU here says a move by the state’s bankers to shut it out as a lender in a local development will cost the credit union $400,000 in income over the next six years.
Fresh Today
WASHINGTON—CUNA continues to press NCUA to make improvements to both the risk-based capital and MBL proposals, sending a letter to Larry Fazio, director of the agency’s Office of Examination and Supervision.
PENFIELD, N.Y.–Family First FCU here has named a new CEO.
CENTRAL COAST, Calif. — Suzanne Leedale has joined CoastHills Credit Union as its vice president of branch operations after spending the past seven years as CEO of SLO Credit Union.
NEW YORK—As would be expected, a large majority (72%) of small business owners say they are prioritizing growth, according to the inaugural American Express OPEN Small Business Growth Pulse.
MADISON, Wis.—The judges for the 2015 CUES Next Top Credit Union Exec competition have been announced: Deedee Myers, CEO of DDJ Myers, CUES Strategic Partner and challenge sponsor, Phoenix; Brandon Michaels, president/CEO, Mazuma Credit Union, Overland Park, Kan.; and Tammy Williams, chief culture officer, Verve Credit Union, Oshkosh, Wis.
MILWAUKEE—Another Wisconsin credit union and its members have been victimized by ATM card skimmers.
LIMA, Ohio—Superior Federal Credit Union is absorbing via merger tiny St. Mary’s Parish Ottoville Federal Credit Union.
SAN FRANCISCO—Wells Fargo is experimenting with a concept that bridges the gap between mobile banking and branches—allowing customers to “pre-stage” a transaction on their smartphone and then complete it with a teller or at an ATM.
PHOENIX–Bank of America is making a $10-million investment in the National Federation of Community Development Credit Unions’ Investment Program.