FARMINGTON HILLS, Mich. (4/11/16)--GreenPath Inc., a CUNA Strategic Services strategic alliance provider, is now operating as GreenPath Financial Wellness, with a commitment to assisting consumers with financial challenges beyond debt.
ST. JOHNS, Newfoundland and Labrador (4/8/16)--Verafin, a provider of fraud detection and anti-money laundering software, has added a new analytic to help credit unions and other financial institutions detect suspicious tax refunds.
RANCHO CUCAMONGA, Calif. (2/17/16)--CO-OP Financial Services has renewed its long-standing partnership with LEVERAGE, the service arm of the League of Southeastern Credit Unions & Affiliates, which will offer select CO-OP products and services to credit unions.
MADISON, Wis. (2/17/16)--CUNA Mutual Group Tuesday reported strong 2015 operating results, which the company said will create additional momentum to help invest in products and services that help make credit unions the best financial alternative for consumers.
MADISON, Wis. (2/16/16)--Moody’s Investors Service has assigned initial insurance financial strength ratings of A2 to CMFG Life Insurance Co., MEMBERS Life Insurance Co. and CUMIS Insurance Society Inc.
ST. LOUIS (2/12/16)--Continuing a three-decade tradition of supporting auto lending among credit unions, Enterprise Car Sales generated almost $500 million in loan volume to nearly 28,000 credit union members during 2015.
LAKE LIBERTY, Wash. (2/5/16)--CU*NorthWest has a lot to celebrate during the 10th anniversary year of the company. In addition to hitting the 10-year milestone, the 100% credit union owned credit union service organization distributed more than 50% of the net earnings to owners as directed by its board of directors.
HOUSTON (2/1/16)--Dolphin Debit, an ATM management company, is helping credit unions and banks with the transition of their ATMs to read EMV chip cards ahead of the coming October industry deadline for ATM compatibility with the new cards.
The Department of Labor will publish its final rule Wednesday regarding employees’ eligibility for overtime pay--a rule which CUNA believes will have unintended negative consequences for credit unions, particularly smaller credit unions and those in non-metropolitan areas.
Further CUNA analysis of the U.S. Department of Labor’s overtime rule found minor relief, but CUNA remains concerned about the increased burden on credit unions. Several CUNA-suggested changes were included in the final rule.
Six federal agencies published guidance last week designed to ensure all depository institutions are aware of expectations when it comes to deposit reconciliation. CUNA’s compliance explains what it means for credit unions in a recent CompBlog post.