STCU Provides $157K to Libraries, Shelters, Schools & More 12/23/2019 05:00 pm SPOKANE, Wash.–Employees of STCU delivered surprise checks totaling $157,000 to 19 library branches, three animal shelters, and more than 100 other schools and community organizations.
Trellance Announces ‘Significant Upgrades’ to M360 Data Platform 12/25/2019 04:59 pm TAMPA, Fla.–Trellance has announced what it is calling “significant upgrades” to its signature M360 data platform.
Ireland’s Central Bank Says Challenges Continue for CUs, But Reserves Remain Solid 12/25/2019 04:58 pm DUBLIN, Ireland–A new report from Ireland’s Central Bank sees ongoing challenges for the country’s credit unions in generating income and building ROA, but also says CUs continue to have a strong overall reserves position.
OCC’s Otting in YouTube Video on CRA Proposal 12/25/2019 05:00 pm WASHINGTON–Comptroller of the Currency Joseph M. Otting has taken to YouTube to make his pitch for why the OCC is proposing a rewrite of the anti-redlining rules that are part of the CWASHINGTON–Comptroller of the Currency Joseph M. Otting has taken to YouTube to make his pitch for why the OCC is proposing a rewrite of the anti-redlining rules that are part of the Community Reinvestment Act.ommunity Reinvestment Act.
Two Colorado CUs Announce Merger Plans 12/25/2019 04:59 pm DURANGO, Colo.–Two Colorado credit unions have announced merger plans. Members of Southwest Colorado FCU have voted in favor of merging into Denver-based Credit Union of Colorado.
A U.S. Digital Currency? Not Anytime Soon, Say Treasury Secretary, Fed Chair 12/25/2019 04:58 pm WASHINGTON—Treasury Secretary Steven Mnuchin said he and Federal Reserve Chairman Jerome Powell don’t expect the U.S. to create a digital currency.
QuantyPhi Releases 2 Videos Explaining Details Around Loan Participations 12/25/2019 05:01 pm MILWAUKEE, Wis.–QuantyPhi has released two videos explaining how loan participations can help credit unions.
Breaches of Health Data Include Significant ‘Sensitive’ Information 12/25/2019 04:58 pm PHILADELPHIA—Some 71% of 1,461 private health information breaches over the past decade "compromised sensitive demographic or financial information that could be exploited for identity or financial fraud," according to a new research report published in the Annals of Internal Medicine.