Crashers group photo at the Govermential Affairs Conference in 2014 A record number of crashers will be crashing CUNA’s Governmental Affairs Conference in February. Filene Research Institute’s Cooperative Trust announced last week that 78 crashers,...
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?
U.S. Existing-Home Sales Decline as Supply Drops to Record Low
Sales of previously-owned U.S. homes fell in December for the first time in four months, as the market struggles with record-low supply and rising prices, figures from the National Association of Realtors showed Wednesday. Highlights of Existing-Home Sales (December)...
AI Advances Will Require New Laws, Regulations: Microsoft
The rapidly advancing area of artificial intelligence will require a new field of law and new regulations governing a growing pool of businesses involved, according to Microsoft Corp., a 25-year participant in AI research. Companies making and...
LoanDepot Turns to Humans for Fintech’s Latest Real Estate Push
LoanDepot Inc., a mortgage lender basing its growth around digital applications, isn’t giving up on humans’ role in the home-buying process just yet. The lender’s parent, LD Holdings LLC, said it is working on a service to connect pre-approved...
FINRA’s Budget, Released for First Time, Shows Revenue Problems
The Financial Industry Regulatory Authority on Thursday morning released its annual budget for the first time, stating that despite “revenue challenges,” FINRA will not increase member fees. Projected revenue is flat for 2018, at about...
CUs in Hawaii, Oregon, Virginia Appoint Executives
This past week, nine credit unions from Hawaii to the east coast made announcements of new hires and promotions. Check out the latest People news here. WEST The $118 million Kauai Government Employees Federal Credit Union in Lihue, Hawaii appointed Monica...