From coast to coast this past week, credit unions announced hires, promotions and staff accolades. Plus, marketing agency BrownBoots hired a new manager. WEST The $11 billion Golden 1 Credit Union in Sacramento appointed Allyson Hill as SVP, CFO. Hill served as Golden...
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?
Millennials Ready to Become Business Owners
Millennials -- more than any other generation -- are itching to hang out their own shingle, and would do so if they had right partners to support their efforts -- especially with capital, so says the study, Generational Views of Entrepreneurship and Small...
On the Horizon: Compliance Issues
In several “Star Trek” series, an alien villain known as the Borg travels the galaxy, assimilating creatures from all walks of life into its space-borne collective. Serious fans know that it's almost impossible to escape the Borg and its nefarious designs....
Florida Credit Union Completes Bank Purchase
The $979 million IBM Southeast Employees Credit Union said it finalized the acquisition of the $109 million Mackinac Savings Bank in Boynton Beach, Fla. on Wednesday. The CU Times initially reported in December that the Delray Beach-based credit union filed...
Despite Claims, CFPB Remains Inflexible in Rulemaking, Enforcement: CUNA
Disputing recent assertions made by CFPB Director Richard Cordray, CUNA says the agency has done an abysmal job of tailoring its rules to the size and type of financial institutions it regulates. “Regrettably…credit unions continue to tell us that the...
Card Breach at Kmart Stores Again Creates CU Problems
The second credit-card breach in three years at Kmart has once again forced credit unions, and other financial institutions, to deal with the repercussions of potential fraud involving their accountholders. In the first of two-articles, security experts provide their...