by GrafWebCUSO | Nov 10, 2016 | News
The two largest credit union trade organizations said Thursday they see no threat to eased borrowing rules for Member Business Loans in the coming Trump administration. The NCUA adopted the rule in March freeing credit unions from seeking NCUA approval when buying...
by GrafWebCUSO | Nov 10, 2016 | News
CUNA President Jim Nussle, a former director of the White House Office of Management and Budget, on Thursday ruled out accepting a job in the incoming Trump administration. “My passion is credit unions,” Nussle said, responding to a question during a...
by GrafWebCUSO | Nov 10, 2016 | News
A former business relationship manager was sentenced Tuesday to 10 years for a six-year multimillion-dollar fraudulent loan scheme at the $1 billion Scott Credit Union in Edwardsville, Ill. Theodore J. Longust, 51, formerly of Columbia, Ill., was ordered to pay $14.1...
by GrafWebCUSO | Nov 10, 2016 | News
Let’s face it: It’s been a rough 2016. We lost David Bowie and Prince. Mass shootings in Orlando, San Bernardino, Calif., and elsewhere led to feelings of sorrow and fear. And now, many Americans are feeling heartbroken and horrified by the outcome of the...
by GrafWebCUSO | Nov 10, 2016 | News
With vacancies and terms expiring, President-elect Donald Trump will have the opportunity to nominate two—and possibly all three—members of the NCUA board during his first year in office. Trump’s first move may be to choose current board member J....
by GrafWebCUSO | Nov 10, 2016 | News
There are benefits to satisfying the mobile experience expectations of millennials for financial institutions, and especially credit unions. However, the business opportunity to please older millennials might be even more rewarding. Not all millennials think alike...
