Member News

BB&T/SunTrust Banks Merger Prompts Lawsuit by Truliant FCU

June 18, 2019

BB&T and SunTrust Banks announced last week that the new name of their combined Charlotte-based bank would be Truist. That action has prompted a lawsuit by Truliant Federal Credit Union, which claimed Monday that the new name represents a "clear infringement on our name" and would confuse customers in its market.


Nussle’s ACUC Speech to be Livestreamed TODAY at 10:30 am

June 18, 2019

Major Announcement Expected


Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies

June 18, 2019

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2019 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community development definition.


Six CUs Assessed Penalties for Late Filing

June 18, 2019

NCUA has assessed civil money penalties against six credit unions for being late in filing their year-end 2018 call reports.


In Memoriam: Joseph Cugini

June 18, 2019

Former Westerly Community Credit Union President and Chair of the Board


MassMutual FCU Doubles Number of Ronald E. Jackson Scholarships Awarded

June 18, 2019

Presents 10 scholarships in 2019


Align Credit Union Announces Support of “A Bed for Every Child” Initiative

June 18, 2019

Align Credit Union is pleased to announce their support of the Massachusetts Coalition for the Homeless’ A Bed for Every Child initiative.


CMS Expectations: Preparing for Your Next Exam

June 18, 2019

Join this complimentary webinar hosted by Wipfli.


IT Newtork: Still Time To Register

June 18, 2019

June 25 IT Network meeting revises topic, expands agenda, emphasizing time for discussions and networking


Dusting Off Your Data: Why “Data Quality” Matters

June 18, 2019

Why is it that only one-third of decision makers trust the analytics they generate from their very own business operations? The answer lies in the quality of their data that is fed into the many algorithms and functions that create these outputs. When poor quality data goes in, poor quality results will always come out.


Individual Coverage and Extended Benefit Health Reimbursement Arrangements Are in Play for 2020 Plan Start Dates

June 18, 2019

On June 13, new regulations were issued by the U.S. Departments of Health and Human Services, Labor, and Treasury. The final rule creates two new kinds of Health Reimbursement Arrangements (HRAs) – the Individual Coverage HRA (ICHRA) and the Extended Benefit HRA – effective for January 1, 2020 plan start dates


Credit Union Leaders to Gather in Chicago for the Fifth Annual Leadership Symposium

June 18, 2019

The Credit Union Executive Leadership Symposium is set to return to Chicago, IL from September 4-6, 2019, at the Westin River North. In its fifth year, the symposium – hosted by Alloya Corporate FCU and its wholly-owned CUSO, Balance Sheet Solutions, LLC. – will bring together credit union executives from across the nation, and provide education on industry trends, economic factors and leadership.


Deadline Approaching to Apply for Foundation Grants

June 18, 2019

The June 30 deadline to apply for National Credit Union Foundation (Foundation) grants is fast approaching. Apply for your Financial Health Measurement Grant or Biz Kid$ Business Plan Competition Grant before time runs out!


Sheltered Harbor Cyber-Defense Webinar TOMMOROW

June 18, 2019

Sheltered Harbor, a voluntary initiative designed to help protect against cyberattacks, will conduct a free informational webinar June 19, 1:00- 2:00 pm.


New Hampshire Credit Unions Present Record-Breaking Donation to Make-A-Wish New Hampshire at Annual Charity Golf Tournament

June 17, 2019

The 18th Annual Richard D. Mahoney Charity Golf Tournament last week was a success, with awards given out to foursomes. New Hampshire Credit Unions presented an impressive record-breaking donation of $210,000 to Make-A-Wish New Hampshire.


New Hampshire Credit Unions Celebrate Charity Recognition; New Hampshire Postal Credit Union Claims Most Raised per Member

June 17, 2019

New Hampshire Postal Credit Union, Manchester, was named the 2018/2019 “Top Fundraising Credit Union” which is determined by the most dollars raised on a per member basis. The credit union was recognized at the 18th annual Richard D. Mahoney Charity Golf Tournament as part of the Social Responsibility Committee’s Credit Union Charity Recognition Program.


Warren Bill Would Wipe Out Nearly All Student Debt in US

June 17, 2019

Sen. Elizabeth Warren (D-Mass.) last week announced a bill that would forgive billions of dollars in outstanding student loans and wipe out almost all student debt held in the U.S.


Fed Reserve Board Requests Comment on FOIA and CSI Changes

June 17, 2019

The Federal Reserve Board on Friday requested public comment on technical, clarifying updates regarding its Freedom of Information Act (FOIA) procedures and changes to improve the efficiency of its rules governing the disclosure of confidential supervisory information (CSI).


Navigant Credit Union Named Rhode Island’s #1 Best Place to Work for Fifth Consecutive Year

June 17, 2019

Navigant Credit Union ranked Rhode Island’s #1 large company in Providence Business News’ annual corporate rankings


St. Mary’s Bank Named Top Housing Lender for Eighth Year

June 17, 2019

St. Mary’s Bank, the nation’s first credit union, was recently recognized as a top ten lender by New Hampshire Housing Finance Authority for the eighth consecutive year


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