Another financial-sector company is fighting to keep its name secret as it challenges the power of the CFPB to bring an enforcement action. The company—identified only as “John Doe” in Washington federal trial court—offers pension...
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?
Automated Platforms, New Products: Tech Update
Riskalyze announced a plethora of new products at the Technology Tools for Today conference in Garden Grove, California, on Wednesday. Riskalyze Premier is a new tier of service that aims to “supercharge engagement” and help financial advisors be...
Retirement Is ‘Life’s Most Expensive Purchase’
Retirement is the most expensive purchase most people will make, yet many Americans are underfunding their retirement, according to a new study from Merrill Lynch and Age Wave. The study, Finances in Retirement: New Challenges, New Solutions, is...
Credit Union Executives Make Career Moves
This past week, five credit unions announced new hires, promotions and retirements. In addition, the Filene Research Institute hired an executive. WEST The $640 million AltaOne Federal Credit Union in Ridgecrest, Calif., announced president/CEO Robert...
Increased Mobile Banking Use Helps Us Save More: Report
Changes in consumer savings patterns highlight the overall digital money movement, according to the Austin, Texas-based Malauzai in a report highlighting both internal transfers and the external movement of funds. The mobile and internet banking provider’s...
Alabama One Released From Conservatorship, Legal Troubles Remain
The Alabama Credit Union Administration said Wednesday it terminated the conservatorship of the $582 million Alabama One Credit Union, which has been at the center of widely publicized controversies and lawsuits since 2013. The Alabama regulator took control of the...