Credit union and banking officials are combining digital forces this week at the #BankSocial Conference in Miami, Fla. The purpose, to create an organizational culture, innovation, engagement and strategies revolving around social media efforts in the highly-regulated...
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?
Trump’s Data Privacy Repeal & Credit Unions: Part 2
Last week Congress voted to repeal the regulation preventing internet service providers from selling customers’ web browsing and app usage data without consent. CU Times spoke with Information privacy, security and compliance consultant Rebecca Herold,...
CO-OP Financial Services Acquires TMG
CO-OP Financial Services has acquired the Des Moines, Iowa-based payments processor TMG in a $100 million all-cash deal and has restructured its management team, according to an announcement today. The Rancho Cucamonga, Calif.-based CUSO has been a minority owner in...
Financial Literacy Lessons From TFCU
When you have a credit union named Teachers Federal Credit Union, National Financial Literacy Month is a big deal. And the significance is not lost on its leadership. Robert Allen, president and CEO of TFCU, said there's a long history of financial education for...
NCUA Liquidates Financially-Troubled Michigan Credit Union
The financially troubled $19.8 million Valley State Credit Union was liquidated Friday by the Michigan Department of Insurance and Financial Services. The state regulator made the decision to liquidate the Saginaw-based credit union and discontinue its operations...
Credit Unions Hire, Elect and Mourn
This past week, eight credit unions and CU Members Mortgage announced new hires and board elections. Plus, one credit union mourned the passing of a long-time member and leader. WEST The $16 billion BECU in Tukwila, Wash., hired Melba Bartels as CFO,...