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RUTLAND, Vt.—Brian Fogg recalls sitting in a room with his credit union’s board and regulators and being told that his CU was going to be shut down.

 

NEW YORK—Loan approval rates at big banks ($10 billion+ in assets) and small banks increased slightly in June 2016, according to a new report that also reveals credit unions experienced a small dip in loan approval rates last month.

AUSTIN, Texas —Q2 Holdings, Inc., a  provider of secure, cloud-based virtual banking solutions for regional and community financial institutions (FIs), announced its plan to support originating same-day ACH transactions soon after they become supported by the Federal Reserve on Sept. 23, 2016.

WATERFORD, Conn. – The Board of Directors of Charter Oak Federal Credit Union has appointed Annette Janovic to serve on the seven-member board that oversees eastern Connecticut’s largest credit union