The student loan forgiveness program designed to help indebted college graduates working in public service jobs has problems with loan servicers that the Consumer Financial Protection Bureau is trying to correct. According to a new CFPB report, “Staying on Track...

The $201 million Citizens Community Credit Union in Devils Lake, N.D., which posted a net income loss of more than $900,000 at the end of the first quarter, was conserved Friday, the NCUA said. The credit union was placed into conservatorship for safety and soundness...

Terry West, president/CEO of Vystar CU, at left, received the distinguished service award from Patrick LaPine, president /CEO of the League of Southeastern Credit Union. Terry R. West, who plans to retire a president/CEO of the VyStar Credit Union in August, received...

The NCUA board on Friday agreed to solicit comment on changes to the methodology used to calculate the Overhead Transfer Rate—an issue that often has divided the credit union community. In publishing the changes, the board proposes to simplify the methodology...

Financial professionals and advisors continue to adopt technology to grow their firms, according to a report released Tuesday by Fidelity. The report found that not only are more advisors adopting technology, those who do are outperforming their peers. The survey...

A Houston CUSO has expanded its services to originate mortgages for credit union customers. The new service by eCU Mortgage is designed to streamline the mortgage process and deliver more revenue to credit unions when loans are sold on the secondary market. The CUSO...