United Heritage CU Selects CURevl Solution 05/20/2021 08:04 pm AUSTIN, Texas—United Heritage Credit Union said it has launched a custom education refinance product from CURevl to its members.
Non-Interest income Is At Risk 05/23/2021 03:55 pm ST. PETERSBURG, Fla.—There’s another reason credit unions should be keeping their eyes on cryptocurrency, according to one expert– it may eventually affect non-interest income, especially from debit cards and ATMs,
FASB Roundtable Offers Update, Discusses Developing Issues Related to CECL 05/23/2021 04:45 pm WASHINGTON—A representative from Mission Federal Credit Union in San Diego shared the credit union perspective during the recent Financial Accounting Standards Board (FASB) roundtable on the current expected credit loss (CECL) standard.
NCUA to Co-Host Webinar Today on Emergency Capital Investment Program 05/23/2021 04:45 pm ALEXANDRIA, Va.–NCUA will be co-hosting a webinar today on the Emergency Capital Investment Program.
Texas to Let Sun Shine on CU Department for 12 More Years 05/23/2021 04:45 pm AUSTIN, Texas–The Texas House of Representatives has passed the sunset bill that will continue to fund the state’s Credit Union Department for another 12 years. The bill now goes before Gov. Greg Abbott for his signature.
National CU Foundation’s Hyland Joins NCB Board 05/23/2021 04:44 pm WASHINGTON–The National Cooperative Bank has announced several additions to its board of directors, including Gigi Hyland, executive director of the National Credit Union Foundation.
TD Bank Paying $41M Fine Over Excess NSF Fees 05/23/2021 04:44 pm TORONTO–Toronto-Dominion Bank (TD Bank) has agreed to pay $41.5 million (C$49.93 million) to settle a class action lawsuit in the United States over charging excess insufficient funds fees on customer accounts.
Dealing With the Once-Every-17-Years Member 05/24/2021 11:16 am The member handed a worn and faded paper membership card to the teller that she didn’t recognize, although the words “Credit Union” could still barely be made out.
NACUSO Tells Congress NCUA Doesn’t Need Expanded Authority, Is Seeking to ‘Become De Facto FTC’ 05/23/2021 04:55 pm NEWPORT BEACH, Calif.–In the wake of congressional testimony by NCUA Chairman Todd Harper calling for the agency to be given supervisory oversight authority over third-party vendors to credit unions, the National Association of Credit Union Service Organizations (NACUSO) is calling such a regulatory expansion a “concern” and saying the agency lacks the “expertise” to do so.