Fresh Today

RALEIGH, N.C.—With rising deposit rates somewhere on the horizon, State Employees’ CU here commissioned KPMG to assess the strength and stability of its deposit funding structure.

SANTA ROSA, Calif.—Redwood Credit Union has begun installation of a 2,036-panel rooftop solar array at its administrative offices here that is projected to provide 60% of the facility’s annual power requirements when completed in early 2015.

MADISON, Wis.—A new study seeks to find some answers to what is being called a “complicated relationship” between payday lenders and traditional institutions, such as credit unions, and suggests there are growth opportunities for CUs willing to make certain investments.

WASHINGTON—In news no one wants to hear, most especially credit unions and financial institutions, a new Pew Research Center study suggests that cyber-attacks are going to become more frequent and threatening.

NEW YORK—The firm Perella Weinberg Partners is merging two subprime auto lenders that it owns as it seeks to streamline their operations and grow market share.

MADISON, Wis.– In advance of National Philanthropy Day, Nov. 15, the National Credit Union Foundation (NCUF) said it will hold a Twitter chat on Nov. 13 at 3 p.m. (CT) to discuss credit unions’ volunteer efforts around financial education.

SAN DIEGO – The deadline is now less than a year away for the “largest” mortgage loan compliance change seen in many years.