WASHINGTON—NAFCU and CUNA are carefully evaluating the CFPB’s proposed guidelines on payday lending to make sure the new rules do not impact CUs’ ability to lend to members or add to regulatory burden.
Fresh Today
MOORE, Okla.—The Cornerstone CU Foundation is offering to help any credit unions or their employees who were affected by the tornado that hit here on Wednesday night.
ALEXANDRIA, Va.—NAFCU President and CEO Dan Berger applauded NCUA Chairman Debbie Matz’s response to the trade association’s request that NCUA consider good faith efforts by credit unions to comply with the CFPB’s new integrated mortgage disclosure forms.
LAS VEGAS–Sixty-two percent of middle-income Americans worry about their financial stability every day, according to new research released by CUNA Mutual Group.
BROOKFIELD, Wis.—A new study shows substantial growth in mobile bill pay offerings and usage over the past year. Almost one in five visits to a biller’s website come from a mobile device—a 55% increase over 2013.
QUAD CITIES, Iowa—DHCU Community Credit Union is changing its name to Vibrant Credit Union. It said it is making the change to “better reflect its approach to financial services.”
SUNRISE, Fla.—The $429-million BrightStar CU has named Michael Tomko as its new president/CEO. He replaces Coliin Battle, who had been serving as interim CEO.
HOUSTON–Cardtronics is reporting that Gray, Tenn.-based Appalachian Community FCU has launched image deposit capabilities at its branch ATMs, which are managed by Cardtronics.
DENVER–A driver had to be hospitalized after crashing an SUV into the offices of Rocky Mountain Law Enforcement FCU.
LAS VEGAS—Jeremy Daggs and University and Community Credit Union have won the $10,000 prize here this morning from the CUNA Marketing and Business Development Council here as part of its Pitch contest. Daggs was one of three finalists for the prize in which credit union marketers presented their ideas to meeting attendees and then attendees voted via text for the winner.