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Wednesday, April 1, 2015
Filene Study Examines Lending Trends by Looking at CU Execs' Pants
MADISON, Wis — A new study from the Filene Research Institute examines the relationship between CU lending and how restrictive loan officers' undergarments are.
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ALEXANDRIA, Va. — NCUA is touting a 49% increase in its total dollars awarded to minority- and women-owned businesses during 2014, but the agency's workforce diversity levels continue to decline. more »
The administration's new step empowers Treasury to freeze assets of those behind attacks that harm the U.S. financial system or other "critical" infrastructures. more »
WASHINGTON—Mary Hughes, a former officer and director with the National Association of State Credit Union Supervisors is among those included in the latest round of appointments and reappointments to the State Liaison Council at the Federal Financial Institutions Examination Council. more »
MIAMI GARDENS, Fla. — NCUA on Tuesday liquidated tiny North Dade Community Development Federal Credit Union. more »
ALEXANDRIA, Va. — NCUA's latest round of prohibition orders bans seven people from taking part in the affairs of any federally insured financial institution, including three former employees of Cleveland's Taupa Lithuanian CU. more »
BRUSSELS, Belgium — The World Council of Credit Unions has expressed its concerns over the phenomenon of Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) customer "de-risking" with the Financial Action Task Force (FATF) at an FATF consultative forum held in Brussels late last week. more »
TOTOWA, N.J. — At least one New Jersey credit union is dealing with fraudulent checks presented to title companies for large dollar amounts. more »
A credit union chartered to serve the legal marijuana industry here remains in a holding pattern nearly four months after it was slated to open, with seemingly no opening date in site. more »
GLENDORA, Calif. — America's Christian Credit Union CEO Mendell Thompson was elected to serve on the Glendora City Council. more »
NEW YORK — A Columbia University review of financial statements at merchants like Sony, Target and Home Depot reveals that merchants barely notice the financial hit they take as the result of data breaches. more »
WASHINGTON — Credit union trade groups are applauding new legislation that would require banking agencies to review Dodd-Frank Act rules as part of a mandated process to assess the relevance of financial rules. more »
A long-awaited bill to enhance cybersecurity information sharing has taken a major step forward. more »
WATERLOO, Iowa — Monte Berg, SVP of finance at Veridian CU here is set to become the next CEO at the credit union. more »
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Chicago Downtown Marriott
Chicago, IL
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Hyatt Regency
New Orleans
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Exit Interview
After 42 years at the credit union, outgoing Michigan State University FCU CEO Pat McPharlin recently looked back -- and forward -- in this brief interview one day before his retirement.
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