Fresh Today

Fresh Today

BOULDER, Colo.- Elevations Credit Union has won the Malcolm Baldrige National Quality Award, the highest presidential honor for performance excellence in innovation, improvement and visionary leadership.

WASHINGTON—The credit quality of large loan commitments owned by U.S. banking organizations, foreign banking organizations, and nonbanks is generally unchanged in 2014 from the prior year, according to a report just released by several banking agencies.

GRAND RAPIDS, Mich.—CU*Answers, data processor to nearly 200 credit unions nationwide, has named the winners of its first Cost of Compliance contest, in which participants were tasked to create a template that provides a standard way of accounting for an institution’s overall costs associated with compliance-related activities.

 

CHICAGO—The first full-scale study of consumers about Apple Pay that was conducted after release of that revolution in payments offers some insights into what lies ahead, while one researcher observed there are now more questions than answers when it comes to new payments channels.

WASHINGTON—Bank and CU trade organizations are again aligning to challenge claims from retail groups regarding cyber-security measures and solutions to address the onslaught of data breaches.