Firefly Credit Union Names Benz Asset Protection Manager 08/15/2019 04:27 pm BURNSVILLE, Minn. – Firefly Credit Union has named David Benz Asset Protection Manager.
CU Membership Growth Doubled in June Over May, But Lending Slows 08/14/2019 07:51 pm WASHINGTON—Credit union membership growth in June doubled compared to May, as year-over-year membership growth hit 3.51% in June, according to CUNA’s Monthly Credit Union Estimates for June.
Mortgage Debt in U.S. Hits New Peak, But New Crisis Not Foreseen 08/14/2019 07:51 pm WASHINGTON—Mortgage debt in the United States hit a record in the second quarter of 2019, exceeding its 2008 peak, but analysts are offering reassurances it is not a sign the market is headed for another crisis.
Jolt Credit Union Hires Kuschinsky as Community Affairs Specialist 08/15/2019 07:39 pm SAGINAW, Mich.— Jolt Credit Union has hired Coty Kuschinsky as Community Affairs Specialist.
Nearly $4.5 Million Raised to Help Shooting Victims in El Paso 08/14/2019 07:56 pm EL PASO, Texas–Nearly $4.5 million has been raised to help victims of the mass shooting in here, with credit unions involved in both the fundraising and hosting of one of the funds.
87 People Graduate From CUNA Management School 08/15/2019 07:40 pm MADISON, Wis.—Eighty-seven people have graduated from CUNA Management School and now hold Certified Credit Union Executive (CCUE) designations.
Sallie Mae Preparing For Big Balance Sheet Hit Ahead of CECL 08/15/2019 07:41 pm WASHINGTON–Student loan giant Salle Mae Corp. is reportedly preparing its investors for a big hit to its balance sheet as a result of CECL.
NAFCU, DCUC Continue to Press Congress on Giving Banks Access to Bases 08/15/2019 07:41 pm WASHINGTON—NAFCU and the Defense Credit Union Council (DCUC) said they continue to press Congress on a potential law change that would require the Department of Defense (DoD) to give banks the same access as credit unions to nominal leases on military bases.
Former Employee Steals More Than $9,000; Gets 30 Days in Jail 08/15/2019 07:41 pm LONG BEACH, Wash.–A former employee of Great Northwest Credit Union is in jail after stealing over $9,000 from members.
The Evolution in Field of Membership 08/14/2019 08:09 pm SAN FRANCISCO–Is the whole concept of field of membership for credit unions now “antiquated?” One person told credit unions here she believes that’s the case, while also sharing a number of other interesting developments and trends when it comes to FOM.
