With the House likely to consider its Dodd-Frank overhaul bill when it returns next week, the Senate Banking Committee will take the next step in its evaluation of the financial regulatory regime, with a hearing scheduled for June 8. Three credit union officials are...
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?
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WEST The $2.2 billion Technology Credit Union in San Jose, Calif., hired Mike Floyd as chief credit officer and EVP. An industry veteran, Floyd is responsible for overseeing Tech CU's lending activities and mitigating risk to its loan portfolio. Floyd joins Tech CU...
Embattled Cordray Defends CFPB as House Prepares to Neuter It
As the House prepares to consider legislation to drastically cut his power, CFPB Director Richard Cordray said Wednesday that his agency has succeeded in protecting consumers and disputed assertions it has hampered financial institutions in serving consumers....
Former CU Branch Manager Faces July Jury Trial
A July jury trial is set for a former Indiana credit union branch manager accused of fraud, forgery and theft. Betty Stickler, 52, was fired as a branch manager for the $52 million Perfect Circle Credit Union in December 2015, after Lisa Dykhoff, president/CEO of the...
Millennials & Gen X Not Always So Different, FIS Study Finds
Millennials have long been portrayed as poles apart from other generations served by the financial industry, but new research from Jacksonville, Florida-based financial software company FIS suggests some millennials actually aren’t that different from Gen Xers...
Dear Credit Union Conference Planners
Everyone gets excited about credit union conferences – they’re the perfect excuse to blend work with play. But how can event organizers ensure the play doesn’t overshadow the work (and vice versa)? Having been to credit union conferences in various...