Credit Unions Create New Lending Partnerships

Five credit unions have agreed to buy mortgage loan services from myCUmortgage, a Beavercreek, Ohio, CUSO. myCUmortgage announced Monday it had formed partnerships with: Advantage Credit Union, Ontario, Ohio ($36 million in assets, 5,745 members) Ascension Credit...

N.J. Credit Union Recognized for Service to Hispanics

North Jersey Federal Credit Union has been designated as a Juntos Avanzamos (Together We Advance) Credit Union for its service to Hispanics and immigrants. The National Federation of Community Development Credit Unions has presented the Juntos Avanzamos designation to...

Credit Unions Name New CEOs

Credit unions in Rhode Island, Texas and Ohio have named new CEOs. The $441 million Greenwood Credit Union in Warwick, R.I., appointed Frederick Reinhardt its president/CEO. He succeeds Jim Irving, who is retiring after 11 years of service. Reinhardt, with 30 years of...

Trump’s Student Loan Repayment Program

Republicans may not be very happy with the terms of the student loan repayment program proposed by President-elect Donald Trump, but students may be a lot happier with it than with any existing program. The Washington Post reported that at a...

Tax Reform Shortcut Worries Credit Union Trades

Congressional Republicans may attempt to use a budget shortcut to enact comprehensive tax reform, leaving credit unions to mount a vigorous defense of their tax exemption early this Congress, credit union trade group officials are warning. “We certainly have a...

Truliant FCU, Hiway FCU, CHROME FCU Reveal New Hires

This past week, five credit unions plus TMG Financial Services welcomed new executives to their staff. Plus, a credit union CEO in Indiana received a Cooperative Hero Award for outstanding leadership. The $2 billion Truliant Federal Credit Union in Winston-Salem,...