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.
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.
MADISON, Wis. (1/29/16)--A.M. Best Co. has affirmed the financial strength ratings of “A” (Excellent) and the issuer credit ratings of “a” for CMFG Life Insurance Co., MEMBERS Life Insurance Co., CUMIS Insurance Society Inc., and CUMIS Specialty Insurance Co. Inc.
NEW BRIGHTON, Minn. (1/28/16)--CU Companies, a credit union service organization specializing in mortgage services, added 48 new retail lending partners, nine correspondent lending partners, and three partners that signed up for both retail and correspondent lending in 2015.
ST. PETERSBURG, Fla., and HARRISBURG, Pa. (1/26/16)--PSCU, a St. Petersburg, Fla.-based credit union service organization, and the Pennsylvania Credit Union Association Monday announced an agreement through which PSCU will be the preferred provider of credit and debit card services to Pennsylvania credit unions currently serviced by PCUA’s service corporation, PACUL Services Inc.
ONTARIO, Calif. (1/22/16)--The California and Nevada Credit Union Leagues formed a strategic partnership with Kasasa, a financial technology and marketing services company that provides premium checking and savings accounts with consumer rewards.
RANCHO CUCAMONGA, Calif. (1/20/16)--CO-OP Financial Services set a record last year for the most electronic funds transfer and shared branch transactions by credit union members that it has ever processed.
The second phase of Same Day ACH rollout has a Sept. 15 effective date, and a list of recommended action items to be performed has been released. All financial institutions must be prepared to receive by Sept. 15.
As Congress works this week to fund the government past April 28, CUNA will be engaged in the process as it seeks to see 2 particular issues addressed: funding for CDFIs and the CFPB's exemption authority.
CUNA stands ready to work with legislators to see regulatory relief enacted into law, and the CHOICE Act is a good first step, CUNA wrote to House Financial Services Committee leadership Tuesday in advance of a hearing on the bill.