Tuesday, June 2, 2015
CAMDEN, Ark.—River Valley Community FCU here has named Mark Hixson as its new president/CEO. Hixson previously served as a VP of First National Bank in Tenaha, Texas
The merger of the Federal Home Loan Banks in Des Moines and Seattle became official on Monday, shrinking the overall number of banks in the system to 11.
Southland Savings Federal Credit Union, Buena Park, Calif., will merge into $935 million Financial Partners CU effective Monday, the two CUs said.
The California and Nevada Credit Union Leagues recently signed a strategic partnership agreement with Vero, a provider of identity theft and data breach protection and recovery services to the credit union industry.
While the heated war or words between NCUA Board Chairman Debbie Matz and Board Member Mark McWatters is hardly the first time the agency has seen such a clash of philosophies—and personalities—credit unions would be wise to keep an eye on this one.
Sen. Shelby’s financial reform legislation is missing some key ingredients sought by credit unions, but sometimes half a loaf is better than no bread at all when it comes to political maneuvering.
The members of $196 million Lake State Credit Union, Moose Lake, Minn., gave a green light to merge their CU into $429 million Members Cooperative Credit Union, here.
New software aims to help prevent wireless network hijacking, or "commjacking." But there are also steps financial institutions can take on their own to protect employees and customers from this seldom-discussed but ever-present threat.
Two of CUNA's professional councils teamed up to explore "physical-digital wallets" in a new white paper.
NCUA said it issued three prohibition orders against former credit union employees in May. As a result, the following individuals will be barred from participating in the affairs of any federally-insured financial institution:
Many would-be users are holding their collective breath after disappointment in Windows 8. Should CUs take a wait-and-see approach, or is now (finally) the time to jump to a new operating system?
NCUA is working with federally-insured credit unions in parts of Texas and Oklahoma that were hit by heavy flooding recently in order to help “protect consumers and ensure the continuity” of credit union services.
MemberClose, a provider of a bundled mortgage settlement solution for credit unions, said it has added four CUs from Connecticut to its client list.
Boston-based Industrial Credit Union is merging with Webster First FCU, here, with plans calling for the $171 million Industrial to operate as a division of the $665 million Webster.
The lesbian, gay, bisexual and transgender community overwhelmingly views homeownership as a strong investment, although worries of housing discrimination persist, according to a new study.
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Money DOES Grow On Trees
Think money doesn't grow on trees? This spot from Palmetto FCU may make you change your mind.
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