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Thursday, August 21, 2014
EAST HANOVER, N.J. — Symbionce Financial Solutions LLC, a credit union service organization that offers mortgage services to CUs, on Thursday was ranked number 945 on Inc.magazine's eighth annual Inc. 500|5000.
LAWRENCEVILLE, Ga. — Twitter Inc. has dialed back a rule implemented late last year that restricted how financial institutions could promote themselves on the site, but some credit unions are still unsure as to what those changes mean in terms of how effective the social-networking site can ultimately be for CUs.
LAGUNA HILLS, Calif. — As if credit union mortgage lenders did not have enough to contend with already, the Consumer Financial Protection Bureau has proposed numerous changes to the way home loan data will be collected — and possibly reported publicly.
ARLINGTON, Va. — NCUA has been stressing to credit unions for well over a year that they must pay attention to interest rate risk with rising rates on the horizon.
From mergers and retirements to special programs being offered, CU Journal offers a quick look at the latest news from credit unions across the country.
Two credit unions that share the same building-and a family connection-plan to merge.
With NCUA focusing on cybersecurity at credit unions, the agency has outlined key areas on which examiners will focus when analyzing a CU's fraud defense.
CHICAGO — Mortgage delinquency rates declined by nearly 20% to a national rate of 3.46% in the second quarter from a year earlier, according to a report from TransUnion LLC.
FERGUSON, Mo. — Staff from Alliance Credit Union are out Wednesday in this troubled city, walking through debris left behind by Tuesday night's chaos, asking business owners if they need a 0% loan.
LAKE BLUFF, Ill. — Credit unions continue to inch closer to what banks are charging for overdrafts.
TAMPA, Fla. — The Florida Office of Financial Regulation has approved Florida Central Credit Union's bid to purchase a branch of First Federal Bank of Florida, the CU said.
DENVER — NCUA on Tuesday received good news from the U.S. Court of Appeals for the Tenth Circuit, which upheld its original opinion that the regulator's suit against several banks regarding mortgage-backed securities can proceed.
The Credit Union CEO Confidence Index, released by Catalyst Corporate Federal Credit Union, saw its third consecutive quarterly increase in the second quarter, hitting 32.94, compared with 30.32 in the first quarter.
The hot-button topic of what Fannie Mae and Freddie Mac should charge for loan guarantees is emerging as a key issue in reviving a private-label securitization market.
WASHINGTON — The average big bank checking account has 30 fees associated with it and lacks transparency, according to a new study from WalletHub.
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