The $716 million Self-Help Federal Credit Union in Durham, N.C. said Monday it agreed to buy nine branches and $240 million in deposits previously owned by the largest African-American bank in the Midwest. The branches were operated by Seaway Bank in Chicago,...
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?
Emergency Request to Block DOL Fiduciary Rule Filed in Court
The U.S. Chamber of Commerce and industry groups suing the Labor Department over its fiduciary rule in a Texas court filed an emergency request Friday asking a judge to stop the rule from taking effect while they take their case to the U.S. Court of Appeals...
4 Things Credit Unions Do to Increase Member Online Security
How can members sift through the hype and warnings to determine which security threats are real? Here are four things every credit union should do to increase accountholder online security. Tom DeSot, CIO at San Antonio, Texas-based Digital Defense, Inc., who compiled...
4 Things Credit Unions Can Do to Boost Member Security Online
How can members sift through the hype and warnings to determine which security threats are real? Here are four things every credit union should do to increase accountholder online security. Tom DeSot, CIO at San Antonio, Texas-based Digital Defense, Inc., who compiled...
Business Lending Q & A With Alliant Credit Union
Alliant Credit Union of Chicago’s Member Business Loans grew 24% last year to reach $355.6 million by Dec. 31, accounting for 5.5% of Alliant’s total loans. Alliant’s growth outstripped the national growth rate of 15% in 2016, which NAFCU showed was...
Consumers Demand More From ATMs: Survey
Credit unions and other financial institutions had better get ready to embrace multitasking if they intend to be ATM operators much longer, according to a new report from ATM Marketplace and Italian software provider Auriga. The report, which surveyed more than 300...

