The proposed merger between two of New Mexico’s largest credit union was called off, according to a prepared statement released Friday by the boards of directors. In October, New Mexico’s fourth largest credit union by assets, the $783 million Kirtland...
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?
Instant Issuance: In the Cards for Credit Unions?
With the evolution to more self-service interactions, instant card issuance provides members with a good reason to visit credit unions, which can then deliver securely activated cards directly into their hands. It also provides members with human contact while...
Trump Advisor Calling for Cordray’s Firing Lobbied for Payday Lenders
An advisor to President Trump who called for the firing of CFPB Director Richard Cordray owned a lobbying firm that represented payday lenders, according to records on file with the Senate. Corey Lewandowski incongruously told NBC’s “Meet the Press”...
Bethpage FCU, Honor CU, NASCUS Hire & Promote
Credit union HR departments were busy this past week, with seven credit unions announcing new hires, promotions or employee awards. Plus, NASCUS hired a new executive. WEST The $1.8 billion Elevations Credit Union in Boulder, Colo., hired two industry veterans to its...
Infinity FCU Loans to Cover Costs to Gain Citizenship
Infinity Federal Credit Union launched a program in July to make personal loans up to $10,000 to Maine residents aspiring to become U.S. citizens. President/CEO Elizabeth Hayes said the Portland-based credit union ($335.1 million in assets, 15,856 members) is offering...
Trump Advisor Calls on President to Fire CFPB’s Cordray
If he’s looking for a fresh start, President Trump should start with firing CFPB Director Richard Cordray, Trump advisor Corey Lewandowski said Sunday. Appearing on NBC’s “Meet the Press,” Lewandowski said that Cordray is “all but...