Tag Archives: Credit unions

Tuesday, June 10, 2014

NASCUS appoints Wisconsin CU regulatory head Kim Santos to board

Kim Santos

The National Association of State Credit Union Supervisors (NASCUS) recently appointed Kim Santos, the head of Wisconsin’s Office of Credit Unions (OCU), to the organization’s board of directors. “Kim is a respected longtime member of NASCUS and the state regulatory … Read More…

Thursday, May 22, 2014

AECU first in Missouri to launch NCR-branded ITM virtual teller

American Eagle Credit Union

American Eagle Credit Union (AECU) recently became the first credit union in Missouri to deploy a remote, interactive video ATM machine produced by transaction technology provider NCR to provide personalized teller services to members. NCR-branded ATMs are now available at … Read More…

Monday, May 19, 2014

Court denies motion to dismiss NCUA RMBS suit against Wachovia

Gavel

The District Court of New York denied a motion last week to dismiss a lawsuit brought by the National Credit Union Administration (NCUA) against Wachovia Capital Markets—now Wells Fargo Securities—over mortgage-backed securities sold to credit unions. The suit is the … Read More…

Friday, April 18, 2014

NCUA: Credit unions can provide alternative to costly payday loans

resized_NCUA_SEAL

Representatives from the NCUA’s Office of Small Credit Union Initiatives and Office of Examination and Insurance told credit unions on Wednesday that the institutions can provide a viable alternative to predatory payday loans. NCUA representatives told credit unions during Wednesday’s … Read More…

Friday, April 11, 2014

FIS debuts GenNOW Financial Services

FIS

FIS, the world’s largest provider of banking and payments technology, announced a new solution on Thursday that allows banks and credit unions to effectively compete with alternative financial services “One in four U.S. households conducts at least some financial transactions … Read More…

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