MADISON, Wis.–Credit union memberships grew a strong 440,000 in June, or 0.43%, much better than the 252,000 new members, or 0.25%, added in June 2014, according to new analysis released by CUNA Mutual Group as part of its latest Trends Report.
Fresh Today
ARLINGTON, Va.–NCUA does not appear it will be inclined to expand the exam cycle to 18 months from the current 12.
CHATTANOOGA, Tenn.–The FBI is now offering up to $20,000 for any information leading to the identification and location of individuals responsible for the kidnapping and extortion of a Y-12 FCU executive, as well as a similar crime against a local bank executive.
JOHN DAY, Ore.–Old West Credit Union here is offering a special loan fund to members who have been affected by the ongoing wildfires in eastern Oregon, and is also accepting donations to a relief fund.
RALEIGH, N.C.–State Employees’ Credit Union is teaming with NC GreenPower to help expand the development of renewable energy sources through a pilot program geared to benefit North Carolina public schools – the Solar Schools project.
WASHINGTON–House Financial Services Committee Chairman Jeb Hensarling (R-TX), who has been a champion of deregulation, has been added as a speaker at NAFCU’s Congressional Caucus in September.
WASHINGTON–The Financial Services Institute (FSI) has released a study that suggests rules proposed by the Department of Labor will cost the independent financial services industry and investors nearly $4 billion.
ALEXANDRIA, Va.—NCUA is reporting that its consulting services will help 191 federally insured credit unions improve operations and member services during the second half of 2015.
FRANKFORT, Ky.–An unknown scammer or scammers is behind a “Commonwealth Bank” that has been advertising financial products online and using the physical address of Commonwealth Credit Union here.
HENDERSON, Nev.–Bluepoint Solutions has released a new white paper, “Five Ways Document Imaging Will Help Your Credit Union in the Future While Generating Savings to Pay For It.”