As part of a plan announced last fall, myCUmortgage announced Tuesday that Beavercreek, Ohio, CUSO has begun servicing new mortgages for credit union partners. MyCUmortgage, which is wholly-owned by Wright-Patt Credit Union ($3.5 billion in assets, 332,205 members),...
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?
Maine League Names New President/CEO
The Maine Credit Union League announced Tuesday that Todd Mason will serve at its new president/CEO. He will succeed the league’s President/CEO John Murphy who will retire in June following 44 years of service to credit unions, including 25 years as the...
Managers Need to Brush Up on Communication, Diplomacy
Workers aren’t happy with how their managers communicate — or, for that matter, with their manner. You might think that bosses would be good communicators, able to deal with employees in a diplomatic manner, but many workers say that’s not the case....
New Solutions Protects Data in IoT Environments & Security Centers
San Francisco-based Hewlett Packard Enterprise introduced two security solutions, one protects information in Internet of Things environments and the other is a search and investigation tool built on security operation platforms. HPE SecureData for Hadoop and IoT...
CU Teaches Inmates How to Find Jobs, Manage Money
When Bridget Simone isn’t managing her Michigan Community Credit Union branch, she’s sometimes volunteering at a local prison to teach inmates vital skills they will need to support themselves when released. The minimum-security Cooper Street Correctional...
CU Victimized by Multi-Million Dollar Scheme, Woman Sentenced
Learning from her father how to operate a $145 million circular check-kiting scheme that victimized a credit union and two banks, landed a Michigan woman in federal prison for 18 months. U.S. District Court Chief Judge Robert J. Jonker in Kalamazoo, Mich., also...