Fresh Today

Fresh Today

GENEVA, Switzerland –Temenos, a provider of solutions to the financial services industry, has acquired software provider Akcelerant, which has relationships with more than 600 financial institutions in North America, predominantly in the credit union space.

LACROSSE, Wis.—La Crosse Area Postal Credit Union’s members have voted to merge with Co-op Credit Union effective March 31. The merger has already been approved by regulators.

WASHINGTON—CUNA has sent a letter to the Federal Emergency Management Agency (FEMA) sharing concerns that proposed changes to one its standard forms could double the work and cost for credit unions and others that use the document.

WASHINGTON—During testimony at a congressional hearing, NCUA’s director of Examination and Insurance, Larry Fazio, said the agency plans to consider a proposal to raise the definition of a small credit union to $100 million in assets from the current $50 million in assets.