Saturday, July 4, 2015
President /CEO of Virginia CU to Retire
Jane G. Watkins, president and chief executive officer of Virginia Credit Union, a $2.7-billion institution based in North Chesterfield, Va., said she plans to retire on March 31, 2016, after serving 33 years in various capacities.
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Alabama One CU file suit against the state regulator and other state officials alleging a conspiracy against the $613 million credit union. more »
Robbie Thompson is leaving CUAD to join the Professional Liability Underwriters Society. more »
Though the bulk of NCUA Debbie Matz's speech was scripted at NAFCU's annual conference, there were a few surprises. more »
House Democrats wanted to talk about anything but allegations of employee discrimination at the CFPB raised by recent news reports. more »
The winners of the NAFCU/PAC 2014 White Hat Award and the Credit Union Challenge Award were announced during the trade group's annual Conference and Solutions Expo in Montreal. more »
A senior civil rights official at the Consumer Financial Protection Bureau is poised to tell Congress Thursday that the agency willfully disregards the process for handling internal employee complaints of discrimination and has repeatedly retaliated against staff who spoke out. more »
Senate Democrats are urging regulators to investigate potential discrimination in how financial institutions handle and market foreclosed homes. more »
Officials at NAFCU say they have been considering allowing federally insured, state-chartered, credit unions into the trade group for nearly a decade. NAFCU announced Tuesday that it had changed its bylaws to expand membership to nearly all CUs in the nation. more »
NAFCU is expanding its membership to include federally insured, state-chartered credit unions, putting it directly at odds with CUNA, which had previously been the only trade representing both federally and state-chartered institutions. more »
According to the agency's 2014 Annual Report, NCUA failed to meet all of its targets — in some cases even losing ground — for increasing the number of females, minorities and persons with disabilities at all levels of the organization, including management. more »
The Credit Union Executives Society's board of directors on Monday named John Pembroke as the organization's new president and CEO, effective immediately. more »
CUs posted incremental growth in a number of fields in April, with lending, membership and other areas seeing continued increases, according to a new CUNA Mutual report. more »
In what would be the first comprehensive rewrite of its member business lending regulation since 2003, the NCUA Board unanimously approved a proposed series of changes that would make it markedly easier for CUs to lend to businesses. more »
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Car-Buying GPS
This video focusing on car-buying tips is one of three similar spots from the Young Adult Advisory Panel at CU West in Glendale, Arizona. More YAAP videos can be seen at youtube.com/creditunionwest
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