by GrafWebCUSO | Jul 21, 2017 | News
The NCUA on Friday announced the closing of its Albany, N.Y. and Atlanta, Ga. field offices as part of a larger reorganization of the agency. In announcing the plans, the NCUA said that improved efficiency, responsiveness and cost-effectiveness are the goals of the...
by GrafWebCUSO | Jul 21, 2017 | News
A company that sells insurance and financial services to credit unions has bought a 30% stake in a CU Direct subsidiary that offers similar services. Allied Solutions, based in Carmel, Ind., is buying a stake in CU Direct’s Vero LLC subsidiary, which sells...
by GrafWebCUSO | Jul 21, 2017 | News
People believe credit unions care more about their customers than banks do, but banks are still getting their business, possibly due to widespread perceptions that credit unions have skimpy offerings, according to new data from Harris Poll. The study,...
by GrafWebCUSO | Jul 20, 2017 | News
On Thursday, Utilities Employees Credit Union and ClearChoice Federal Credit Union announced an agreement to merge after unanimous approval by both boards. Utilities Employees Credit Union is a $1.2 billion financial institution that serves 45,000 members nationwide...
by GrafWebCUSO | Jul 20, 2017 | News
The NCUA board on Thursday agreed to seek comments on a plan to close the Temporary Corporate Credit Union Stabilization Fund at the end of September—a move that eventually could result in a Share Insurance Fund distribution to federally insured credit unions of...
by GrafWebCUSO | Jul 20, 2017 | News
Latham, N.Y.-based $540 million Sunmark Federal Credit Union announced its selection of a 2017 CIO 100 award, which recognizes the creation of business value through the effective and innovative IT use. Each year, CIO identifies and honors 100 organizations worldwide...