by GrafWebCUSO | Apr 3, 2017 | News
CO-OP Financial Services has acquired the Des Moines, Iowa-based payments processor TMG in a $100 million all-cash deal and has restructured its management team, according to an announcement today. The Rancho Cucamonga, Calif.-based CUSO has been a minority owner in...
by GrafWebCUSO | Apr 3, 2017 | News
When you have a credit union named Teachers Federal Credit Union, National Financial Literacy Month is a big deal. And the significance is not lost on its leadership. Robert Allen, president and CEO of TFCU, said there’s a long history of financial...
by GrafWebCUSO | Apr 3, 2017 | News
The financially troubled $19.8 million Valley State Credit Union was liquidated Friday by the Michigan Department of Insurance and Financial Services. The state regulator made the decision to liquidate the Saginaw-based credit union and discontinue its operations...
by GrafWebCUSO | Apr 3, 2017 | News
This past week, eight credit unions and CU Members Mortgage announced new hires and board elections. Plus, one credit union mourned the passing of a long-time member and leader. WEST The $16 billion BECU in Tukwila, Wash., hired Melba Bartels as CFO,...
by GrafWebCUSO | Mar 31, 2017 | News
The NCUA said Friday it banned a former branch manager and a loan officer. Mireya Guadalupe Gonzalez, who worked as a branch manager for the Sharebuilders Federal Credit Union in Northridge, Calif., was sentenced on Feb. 1, 2012 to 18 months in federal prison for...
by GrafWebCUSO | Mar 31, 2017 | News
Synaps Loans announced that it has created and tested a working blockchain solution for servicing syndicated loans. Synaps is a joint venture between Ipreo, a fintech and analytics provider, and Symbiont, which provides distributed ledger technology for...
