Following Flooding, NCUA Working With West Virginia’s Credit Unions 06/28/2016 12:40 am ALEXANDRIA, Va.—NCUA Monday said it is working with federally insured credit unions that may have been affected by the recent severe flooding in West Virginia.
Cost Of Data Breaches Continues To Rise 06/28/2016 01:08 am TRAVERSE CITY, Mich.—The average cost of a data breach has now reached $4 million, up 30% from 2013, according to a recent IBM Security and Ponemon Institute study.
‘Brexit’ Helps Push Down Mortgage Rates In Big Single-Day Drop 06/28/2016 12:45 am WASHINGTON–The vote in the U.K. in favor of the “Brexit” helped mortgage rates to take their largest single day drop in two years.
And The 2016 International Credit Union Week Theme Is… 06/28/2016 01:05 am MADISON, Wis. — The theme for 2016’s International Credit Union Week theme has been announced: “The Authentic Difference.” According to the World Council of Credit Unions, the theme celebrates “what makes credit unions truly unique.”
Good DE-eds Across U.S., Africa 06/18/2016 10:44 am AROUND THE WORLD–Credit union staff from around the U.S. and Africa marked the first Development Educator (DE) Day of Service last week, with projects ranging from assisting at food banks, to building bicycles to even creating boomerangs.
ACUC Coverage: What Creates Icons? 06/28/2016 12:47 am SEATTLE–Why should anyone join your credit union? What can you do when prospects express zero interest in becoming a member? The Gap, Tesla and Apple have some strategies on responding to those challenges.
ACUC Coverage: Filene Outlines ‘Hot’ Ideas In Pipeline 06/28/2016 12:54 am SEATTTLE—From measuring the impact new members have on the CU’s bottom line to a new concept that lets credit unions with limited resources offer more products through collaboration, the Filene Research Institute outlined some of the “hottest” ideas in its pipeline.
Turnaround I: How Arlington Community FCU Outgrew 'Awkward' Stage 06/18/2016 10:58 am NASHVILLE–It’s been a challenging but ultimately successful last dozen years for Arlington Community Federal Credit Union in Virginia, which went through years of negative earnings and even told NCUA at one point it simply wouldn’t accept a Letter of Understanding and Agreement.
First Four-State ‘League’ Is Created 06/19/2016 06:03 pm MARLBOROUGH, Mass.—Members of the Cooperative Credit Union Association (CCUA) have voted in favor of a merger with with the Delaware Credit Union League.