SOMERSET, Mass.—After working at Somerset FCU for 46 years, CEO Joyce Magno announced that she plans to retire.
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TYLER, Texas—Cooperative Teachers CU announced it is paying a $90,000 bonus dividend to members.
ST. PAUL, Minn.—Spire FCU has agreed to an eight-year partnership with the St. Paul Saints minor league baseball franchise.
BAY CITY, Mich.—Alysia M. Wright, 35, a former teller at Copoco Community Credit Union, has pleaded no contest to a charge she stole more than $90,000 from the CU over a three-year period.
BROOKFIELD, Wis.—Fiserv has introduced LoanLaunch, a platform to help lenders originate and close more loans, more efficiently.
WASHINGTON--The Consumer Financial Protection Bureau has proposed new rules aimed at helping small credit unions and banks to make mortgages, especially in rural and underserved areas.
WASHINGTON—CUNA and NAFCU, along with nine other financial service industry trade groups, sent a letter Wednesday to members of Congress urging them to address patent reform.
NEW YORK—CEOs of credit unions that issue taxi medallion loans are evaluating the new risk-based capital rule’s impact on their business, with at least one taxi CU optimistic that the new rule may be an improvement over its predecessor.
NEW YORK—A new report shows that consumer default rates continue to rise.
CLEVELAND, Ohio – Arrests continue related to the spectacular failure of St. Paul Croatian FCU, which collapsed in 2010.