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Wednesday, October 22, 2014
MUNCIE, Ind. — Industrial Centre FCU here has rebranded itself as Thrive Credit Union.
ALEXANDRIA, Va. — NCUA is set to receive more than $17,000 in fines from 44 credit unions that have agreed to civil money penalties as a result of filing late second-quarter call reports.
LOS ANGELES — Credit unions may have found a powerful new ally in their long-running battle to increase their recognition by the general public.
After opining about credit unions' growing compliance burden, California and Nevada CU League President/CEO Diana Dykstra said brighter days may finally be ahead, pointing to the newest member of the NCUA Board, Mark McWatters, with whom Dykstra and other league representatives recently met.
The Mortgage Bankers Association is honoring Pentagon Federal Credit Union in Alexandria, Va., for providing affordable housing and post-deployment assistance to military families and war veterans.
The GSE regulator's second attempt to stimulate the mortgage market is receiving a lukewarm reception from lenders, who remain gun-shy after being forced by Fannie and Freddie to repurchase billions of dollars in soured loans since 2008.
The Money Anxiety Index shows U.S. consumers' still low confidence in the economy continues to negatively impact spending and by default, economic growth.
WASHINGTON — The Consumer Financial Protection Bureau finalized a rule Monday that will allow institutions that limit the amount of customer data they share to post annual privacy notices online rather than by paper delivery.
That's the verdict from many analysts after President Obama on Friday signed an executive order mandating the adoption of chip-and-PIN technology in government cards and enabled its use in facilities like Post Offices.
The credit union's employees, members and supporters have raised more than $425,000 for public education over the past 14 years through the annual "Goldenwest 5K For Schools" fundraiser.
The credit union hosted a Fiesta celebration to commemorate a record-breaking quarter. The celebration included an employee bake-off and free meals from food trucks.
The credit union's health insurance plan, which continues to offer low deductibles and low out-of-pocket costs. Employee contributions to the plan have gone up only once in the last decade.
Vantage West employees regularly deliver financial education through branches, Junior Achievement, the United Way and workshops at a local military base.
The credit union holds walking challenges throughout the year to help employees exercise and lose weight.
Under the credit union's Most Valued Protector program, employees earn bonuses based on their efforts to enhance safety and soundness through a focus on error and fraud reduction.
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International Credit Union Day
October 16, 2014 is International Credit Union Day, and this video from the World Council of CUs (WOCCU) highlights this year's theme and the impact CUs have around the globe.
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