Fraud comes in many forms these days, and credit unions should keep their eye on one in particular – auto loan fraud, which is expected to cause $6 billion in losses this year. Learn more in this Focus Report.
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Readers Discuss Merger Issues
Issues surrounding credit union mergers, including misled members of merging credit unions and the NCUA's proposed merger rules, got readers talking this past week. Find out what they had to say about that and other credit union news here.
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The $11 billion Golden 1 Credit Union in Sacramento appointed Allyson Hill as SVP, CFO. Hill served as Golden 1's vice president controller since 2012. In her new role, Hill directs financial plans and policies to ensure the credit union maintains long-term financial...
House Passes CHOICE Act, Senate Action Unlikely
The House on Thursday passed House Financial Services Chairman Jeb Hensarling’s (R-Texas) bill to overhaul the Dodd-Frank Act; the bill now goes to the Senate, where it is expected to die. The House passed the measure 233-186, with no Democrats supporting it and...
Mobile Banking Becoming Default Digital Standard
More than half of active digital banking users plug into mobile regularly and for some financial institutions, the percentage is even better than 70%, according to the Austin, Texas-based Malauzai Software. For its May Monkey Insights report Malauzai, a mobile and...