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...
by GrafWebCUSO | Mar 31, 2017 | News
A study by an online credit score provider warns that Americans are forgetting the lessons of the Great Recession, and piling on record amounts of debt. WalletHub on Wednesday released an index of financial literacy that ranked Louisiana as having the worst levels of...
by GrafWebCUSO | Mar 31, 2017 | News
Experts weigh in on the House of Representatives and Senate votes to repeal the regulation preventing internet service providers from selling customers’ web browsing and app usage data without consent. President Trump indicated his intention to sign the bill,...
