Fourteen Republican state attorneys general have filed a brief in federal court in support of a mortgage firm challenging the constitutionality of the structure of the CFPB. In addition, 13 trade associations representing financial services organizations, including...
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?
Why Credit Unions Need to Focus on Member LTV
Lifetime Value (LTV) has been discussed as an important metric in financial services marketing for many years. If you aren’t familiar with the term, it is basically defined as the projected revenue a given member will generate over the course of their...
NCUA Bans Six Former Credit Union Employees
The NCUA announced last month that it banned six former employees from participating in the affairs of any federally-insured financial institution for stealing money and other crimes. Fuataina Afutiti, the former president/CEO of Veterans Health Administration Credit...
Western Vista CU, Community Choice CU Promote & Appoint
This past week, six credit unions from coast to coast and consulting firm Your Credit Union Partner saw employees advance to the next level in their careers. WEST The Minnesota Credit Union Service Corporation elected Trina Hoff, president/CEO of the $71...
TCPA Petition Would Restrain CU Phone Calls to Members: Trades
Financial trade groups—including CUNA and NAFCU—are asking the Federal Communications Commission to reject a petition seeking to expand the types of phone calls prohibited by the Telephone Consumer Protection Act (TCPA). The FCC has a pending petition...
Misys, D+H Unite to Create New Global Fintech Power
Vista Equity Partners announced it will acquire Canadian-based D+H, and merge it with UK-based Misys, creating a diversified fintech leader with a global footprint and about $2.2 billion in revenues. D+H’s portfolio includes a broad set of financial software...