by GrafWebCUSO | Jan 16, 2017 | News
New court documents revealed that a $600,000 credit card scheme victimized many more credit unions than banks across 19 states, which was not previously reported publicly by federal authorities. Michael Lee Thomas of Oakland, Calif., and Barbara John Lopp of Stockton,...
by GrafWebCUSO | Jan 13, 2017 | News
The Department of Labor released Friday the second batch of frequently-asked-questions guidance on its fiduciary rule. In releasing the 16-page FAQ, which includes 30 questions and answers, Phyllis Borzi, assistant secretary of Labor for the Employee Benefits...
by GrafWebCUSO | Jan 13, 2017 | News
Today’s mobile banking world is all about performance, user experience and interfaces. However, just as there isn’t one mobile banking user type, no single solution fits all credit unions. So, what is the best way for credit unions to mobilize their...
by GrafWebCUSO | Jan 13, 2017 | News
As the NCUA board prepares for its last meeting during the Obama Administration, Chairman Rick Metsger said Thursday he does not expect any great change in policy direction in the near future. The NCUA board meets Jan. 19 and has two items on its agenda – an...
by GrafWebCUSO | Jan 12, 2017 | News
The $1.3 billion Advia Credit Union of Parchment, Mich., is making its second Wisconsin bank purchase within six months. Advia CU announced earlier this week that it signed a definitive agreement to buy the $232 million Peoples Bank in Elkhorn, Wis. Financial terms of...
by GrafWebCUSO | Jan 12, 2017 | News
The housing bubble burst 10 years ago, but loans from that era of go-go lending are still accounting for about half of foreclosures, a Los Angeles data firm reported Thursday. The U.S. foreclosure rate was 0.7% in 2016, slightly lower than 2015, and remaining...
