Crowdfunding Tour Enlisting Credit Union Partners

New York City-based GrowthFountain, an equity crowdfunding platform, is preparing for “The Heartland Tour,” to shine the spotlight on business startups and get credit union partners involved in the process. GrowthFountain plans ten U.S. stops, in...

CFPB Wants to Fix Public Service Loan Forgiveness Program

The student loan forgiveness program designed to help indebted college graduates working in public service jobs has problems with loan servicers that the Consumer Financial Protection Bureau is trying to correct. According to a new CFPB report, “Staying on Track...

NCUA Conserves North Dakota Credit Union

The $201 million Citizens Community Credit Union in Devils Lake, N.D., which posted a net income loss of more than $900,000 at the end of the first quarter, was conserved Friday, the NCUA said. The credit union was placed into conservatorship for safety and soundness...

NCUA Board Seeks Comment to Simplify OTR Methodology

The NCUA board on Friday agreed to solicit comment on changes to the methodology used to calculate the Overhead Transfer Rate—an issue that often has divided the credit union community. In publishing the changes, the board proposes to simplify the methodology...

How to Stop Worrying & Learn to Love Technology

Financial professionals and advisors continue to adopt technology to grow their firms, according to a report released Tuesday by Fidelity. The report found that not only are more advisors adopting technology, those who do are outperforming their peers. The survey...