New CEOs In New Hampshire, Texas, Arkansas 08/09/2016 08:10 pm PORTSMOUTH, N.H. —The $2.9-billion Service Credit Union has formally named David Van Rossum as its president/CEO.
Presidential Campaign 2016: Watching Candidates, Proposals 08/09/2016 08:11 pm ARLINGTON, Va.—The Trump and Clinton presidential campaigns are being closely monitored by NAFCU’s advocacy teams, which will continue to advance with both the need for regulatory relief for CUs and to preserve credit unions’ tax-exempt status, the trade group said.
Ex-Employee Sentenced For $270,000 Theft 08/09/2016 08:12 pm AZUSA, Calif.–Jolina Monique Sanchez, a former employee of Azusa City Employees CU, has been sentenced to almost three-and-a-half years behind bars for embezzling more than $270,000 from the credit union, MyNewsLA.com reported.
Seattle Metro Offering New Citizenship Loans 08/09/2016 08:13 pm SEATTLE–Seattle Metropolitan Credit Union said it is partnering with the City of Seattle’s Office of Immigrant and Refugee Affairs (OIRA), to roll out two new Citizenship Loans to help immigrants and refugees finance their path to U.S. citizenship.
NAFCU Board Opens Membership Vote On Articles of Incorporation 08/10/2016 06:49 am ARLINGTON, Va.—NAFCU announced that its board of directors unanimously voted to amend the trade association’s Articles of Incorporation to give federally insured, state-chartered credit unions full membership.
Ribbon Cut On CU-Funded Project At Children’s Hospital 07/28/2016 09:19 pm PHILADELPHIA–The ribbon was cut here yesterday on a credit union-funded Health and Wellness Garden at the Nicholas and Athena Karabots Pediatric Care Center.
Foreclosure Inventory Continues Its Slide 08/09/2016 08:15 pm IRVINE, Calif.–The foreclosure inventory in the U.S. declined by 25.9% and completed foreclosures declined by 4.9% in June of this year when compared with the same period one year earlier, according to the National Foreclosure Report from CoreLogic.
Mortgage Apps Down For 2nd Straight Week, But… 07/28/2016 08:14 pm WASHINGTON–Mortgage apps were down 11.2% last week over the previous week, when mortgage apps were also down.
State Regulators Want NCUA To Address Regs In 8 Areas 08/09/2016 08:15 pm ARLINGTON, Va.–Rules affecting federally insured state-chartered credit unions (FISCUs) should be consolidated in one place – following the example of other federal regulators – and numerous other changes should be considered in NCUA’s rules, including shortening how federal share insurance is described, according to the National Association of State Credit Union Supervisors.
Fork In Road, As Auto Manufacturers Offer Differing Forecasts 07/28/2016 08:14 pm DETROIT–Credit unions have been enjoying robust auto lending for several years, but what might lie ahead is difficult to determine given two different outlooks by two different manufactures.
