When federal policymakers killed banks’ ability to make government-backed student loans, David Bergeron should have been celebrating. A career official at the U.S. Department of Education, he had favored the move for years; it would save the government...
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?
Nearly 90 Florida CUs Close Ahead of Hurricane Irma
As Hurricane Irma barrels toward Florida, nearly 90 of the state’s 136 credit unions closed up shop early Friday or Saturday and virtually all of them will be shut down on Monday. The CU Times reviewed 124 Florida credit union websites Friday night to determine...
15,000 CU Employees in the Path of Hurricane Irma
Updated: Saturday, 12:32 PM ET About 5.5 million credit union members and their nearly 15,000 employees are in south Florida or along parts of its coast under watches or warnings for Hurricane Irma’s arrival expected early Sunday. An analysis of NCUA data...
CUNA, CO-OP & PSCU Connect CUs & Members Impacted by Irma
CUNA, CO-OP Financial Services and PSCU have announced a coordinated effort to link credit union members in Hurricane-affected areas with credit unions. The groups have established toll-free numbers that are intended to help credit union members with access and branch...
PSCU Prepares for Hurricane Irma
As the Southeast prepares for Hurricane Irma, St. Petersburg, Fla.-based PSCU relayed its disaster preparedness and what the CUSO is doing to support its Member-Owners in light of the impending storm. PSCU has proactively reached out to all its member-owners in the...
First Tech FCU Signs Deal With Portland Trail Blazers
First Technology Federal Credit Union has teamed up with the Portland Trail Blazers in a multiyear promotional agreement starting with the 2017-2018 season, according to announcements from both organizations. The financial terms of the deal were not disclosed,...