by GrafWebCUSO | May 26, 2017 | News
Board members of the $4 billion Space Coast Credit Union were working on a leadership succession plan when their President/CEO Douglas Samuels died suddenly and unexpectedly at the age of 57 on May 12. “Always the watchdog, Doug expressed a concern to the...
by GrafWebCUSO | May 26, 2017 | News
CU Direct’s Innovation Lab opened in Irvine, Calif., in March. LAS VEGAS – CU Direct’s 2017 Drive conference came two months after the grand opening of the Ontario, Calif.-based lending CUSO’s Innovation Lab in Irvine, Calif., and so far, the...
by GrafWebCUSO | May 25, 2017 | News
Credit unions are setting new records and outperforming banks this year as the U.S. economy remains robust, industry analysts said Thursday. Credit union growth is being fueled by record numbers of new members and current members borrowing more heavily. Members on...
by GrafWebCUSO | May 25, 2017 | News
An estimated 75% to 85% of credit union consolidation agreements contain significant merger related compensation for top executives, but this information is usually not disclosed to members before they vote on merging their credit union. That may change this year if...
by GrafWebCUSO | May 25, 2017 | News
Speakers explained what hackers earn on the black market for personal information they steal online. LAS VEGAS – Due to advancing technologies and a growing amount of internationally-connected data floating around in the world, credit unions and other...
by GrafWebCUSO | May 25, 2017 | News
House Financial Services Chairman Jeb Hensarling (D-Texas) says he will drop the repeal of the so-called Durbin Amendment from his Dodd-Frank overhaul plan rather than jeopardize the entire bill. “I’ve said before that repeal of the Durbin amendment was...
