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July 23, 2014

85% of members feel 100% safe with a CU: Filene

CU System
Because they hold credit unions in such high regard, credit union members are more likely than bank customers to keep a greater portion of their holdings with their financial institution--an encouraging development as credit unions continue to seek ways to expand member outreach, according to a new Filene Research Institute white paper. ReadMore

CU programs are tailor-made for Hispanic members' success

CU System
Hispanics are likely to have clear financial goals but are unsure about how to achieve them, according to a recent survey by Prudential, thus giving credit unions an opportunity to start conversations about how they can support these goals. ReadMore

Plaintiffs push to continue Target data breach class action

CU System
In response to Target Corp.'s attempt to delay discovery in multidistrict litigation regarding last year's data security breach, plaintiffs filed a joint memorandum opposing Target's request. ReadMore

NWCUA launches relief effort for central Wash. wildfires

CU System
The credit union community is offering assistance to victims of the Carlton Complex fire in central Washington, with an initial $5,000 donated by the Northwest Credit Union Foundation. ReadMore

Mountain America CEO helps TV audience understand credit scores

CU System
To help viewers understand how credit bureaus calculate credit scores, Sterling Nielsen, president/CEO of Mountain America CU, West Jordan, Utah, with $3.9 billion in assets, offered up some insight during a recent appearance on KSL-TV 5 's "Studio 5 with Brooke Walker" in Salt Lake City. ReadMore

Iowa league survey touts value of college education

CU System
It might be reasonable to assume most U.S. citizens believe college is important, but many still often struggle with figuring out how to finance such a major expense. ReadMore

NFL's Cushing continues spokesman, outreach role for Houston CU

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First Community CU has extended its partnership with Houston Texans linebacker Brian Cushing, who will continue as spokesperson for the $1 billion-asset Houston-based credit union through 2016. ReadMore

CU System briefs (07/23/2014)

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MADISON, Wis., and ST. PETERSBURG, Fla. (7 23 14) PSCU, a card services credit union service organization, signed a three year agreement to be the premiere sponsor for the Global Women's Leadership Network

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News Now LiveWire
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
15 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
17 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
17 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
17 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
18 hours ago