by GrafWebCUSO | Apr 21, 2017 | News
A former board chair of a Virginia credit union was indicted Thursday on 20 felony charges of forgery check forgery and ID fraud. Mark M. Whitaker served as board chair of the $101,630 New Bethel Federal Credit Union in Portsmouth, Va. from at least 2012 to 2015 when...
by GrafWebCUSO | Apr 21, 2017 | News
Deloitte published in April an interim report on behalf of the Global FinTech Hubs Federation (GFHF) that measures the fintech environment in 44 cities. Three U.S. cities are included in the report, including one new city since the initial report was...
by GrafWebCUSO | Apr 21, 2017 | News
The latest version of the Financial CHOICE Act, unveiled by House Financial Services Chairman Jeb Hensarling (R-Texas) this week would provide credit unions with much-needed regulatory relief, Ryan Donovan, CUNA’s chief advocacy officer said Friday. And while...
by GrafWebCUSO | Apr 21, 2017 | News
St. Petersburg, Fla. based PSCU, which calls itself the nation’s leading credit union service organization announced a partnership with Mastercard Start Path Global, a program supporting later-stage fintech startups. Fintech companies are businesses that...
by GrafWebCUSO | Apr 20, 2017 | News
The NCUA placed the $23.1 million Community United Federal Credit Union into conservatorship Thursday and installed experienced management to correct the operational weaknesses that is affecting the Waycross, Ga.-based cooperative’s safety and soundness. While...
by GrafWebCUSO | Apr 20, 2017 | News
CO-OP Financial Services is doling out a $26.1 million patronage for fiscal year 2016, bringing the Rancho Cucamonga, California-based CUSO’s lifetime payouts to $393.7 million since becoming a cooperative in 1996. “This latest year’s healthy...
