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September 16, 2014

PCUA, Pittsburgh FHLB pursue cooperative benefits, Part 2

CU System
The Pennsylvania Credit Union Association and the Federal Home Loan Bank of Pittsburgh, through recent collaborative efforts, have initiated a partnership onto which each organization hopes to build. ReadMore

Fin. lit. ideas percolate during NerdWallet TweetChat

CU System
In a rapid-fire discussion Monday on Twitter, credit union leaders from across the country imparted loads of advice on how to ramp up financial literacy for high school and college students. ReadMore

Filene survey: Economy still challenging consumers

CU System
Macro-economic data indicates the economy is on the mend, but a recent survey by the Filene Research Institute found that 36% of the "every day people" respondents still think the economy is in a recession or depression. ReadMore

CO-OP webinar covers tokenization, Apple Pay

CU System
CO-OP Financial Services will present a free webinar on "Tokenization, NFC and Apple Pay" at 1 p.m. (ET) Sept. 24. ReadMore

Metro CU mortgage program provides hope for neglected housing segment

CU System
A new mortgage program from $1.3 billion-asset Metro CU, Chelsea, Mass., is offered with the hope of revitalizing a city faced with housing challenges. ReadMore

Hession--in 100M T-shirt--hits home run with anthem rendition

CU System
Clad in a "100 Million Memberships" T-shirt, Illinois Credit Union League President/CEO Sean Hession delivered a stirring rendition of "The Star-Spangled Banner" before Sunday's game between the Chicago White Sox and the Minnesota Twins. ReadMore

No stretch for CU to loan to fledging yoga studio

CU System
Bayport CU was recently able to secure a $50,000 member business loan for members Sue and Michael Blei, helping the couple open a yoga studio after they had been turned away by local banks. ReadMore

Member growth continues despite mill closure

CU System
For the last 75 years, even in the most difficult of times, Mill Town CU has been there for the community it serves. ReadMore
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News Now LiveWire
Today's #NewsNow preview of @CUNA board chair Dennis Pierce's testimony before @SenateBanking http://t.co/XgQ81Fn7wR
17 minutes ago
Fazio: @TheNCUA supports Privacy Notice Modernization Act, which allows FIs to send privacy policy notifications only when policy is changed
22 minutes ago
Fazio: Hard to give timeline for when NCUA risk-based capital rule will be finalized...I can say it's the agency's top reg. priority
25 minutes ago
(2of2) NCUA is aware of importance of scaling regulatory, supervisory and assistance prgrms to address unique circumstances of small CUs.
36 minutes ago
.@TheNCUA's Larry Fazio: W/ 1/3 of CUs having less than $10M in assets and 2/3 of CUs having less than $50M in assets...(1of2)
37 minutes ago