by GrafWebCUSO | Feb 2, 2017 | News
The credit union tax exemption will cost the federal government $14.4 billion between 2016 and 2020, an influential congressional committee says in a new report. The estimate is contained in an annual report on tax expenditures published this week by the congressional...
by GrafWebCUSO | Feb 1, 2017 | News
An investigation is under way at the $3.3 million G H Woodworkers Federal Credit Union in Aberdeen, Wash., after “several unusual events” occurred last year that prompted the board to place its president/CEO on administrative leave and merge the...
by GrafWebCUSO | Feb 1, 2017 | News
More than nine years after the end of the Great Recession, consumers are reluctant to take on more debt because they worry about their earnings and the economy, according to a Filene Research Institute study released Wednesday. The Madison, Wis., think tank found more...
by GrafWebCUSO | Feb 1, 2017 | News
Repeal of the Affordable Care Act is already the topic of controversy for many reasons: how many people could end up uninsured, depending on how the ACA is repealed; how much people will end up paying for coverage; what might replace it in...
by GrafWebCUSO | Feb 1, 2017 | News
A mini tech roundup finds new payment alliances for CO-OP Financial Services and PSCU, and new mobile loan origination and cloud systems from Baker-Hill among the recent announcements. Rancho Cucamonga, Calif.-based CO-OP and FedComp are partnering to offer CO-OP...
by GrafWebCUSO | Feb 1, 2017 | News
As 2016 ended, it was clear that many financial institutions were pleased with the progress they made toward achieving efficiency, protecting against data breaches and improving member experience. But looking at the year ahead, many financial executives still feel...