by W.B. King
The mobile payments solution is aimed at making it easier and faster for bank customers and credit union members to send real-time payments.
Sandia Laboratory FCU in Albuquerque has returned at $10 million special dividend to members as a way to thank them for their continued support of the credit union.
Evergreen Credit Union, a $258 million institution based in Portland, Maine, has named Jason Lindstrom as its new president and CEO, succeeding interim CEO Tim Verreault.
Eugene Szymczak, president and CEO at Wisconsin-based Educators CU, unexpectedly died in his sleep on Dec. 4. He was 67 years old.
by Kevin Wack
Credit unions and banks in California plan to participate in a new working group that will focus on the cannabis industry's lack of access to the mainstream financial system, according to state officials.
The credit union has returned more than $9 million in bonus dividends and loan interest rebates to members during the last eight years.
Membership surpassed 106 million, even as larger credit unions continue to see the lions share of the industrys growth.
President-elect Trump faces legal questions over his idea to hold remittances ransom to fund a wall in Mexico, but the industry should take the threat seriously.
Although the Financial Crimes Enforcement Networks plan to extend certain AML requirements to smaller institutions that had previously been exempt will mean more work, credit unions have an advantage over their banking counterparts.
Auto-financing group predicts continued strong lending trends for credit unions throughout 2017.
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What CUs can do that Santa can't...
Looking for a new car this holiday season? This spot from Synergy CU in Ireland is a reminder that there might be better places to go for that than Santa.