Synthetic identity fraud costs credit issuers

Synthetic identity fraud is costly to the credit union industry, which is susceptible to the trend to manufacture identities. These fraudulent accounts are set up by blending a person’s actual information, such as a real social security number, with fake details, including names and addresses. The use of these imaginary identities is causing more credit […]

CU Happenings – March 9, 2018

Suncoast CMO Barrown named Marketing Executive of the Year Patti Barrow, CMO of Suncoast Credit Union, was recently named CU Times’ 2018 Trailblazer Award winner for Marketing Executive of the Year. Since joining Suncoast, the marketing team has grown from four to nearly 20, and the team of four from 16 years ago is still […]

NCUA Board reschedules March meeting

The National Credit Union Administration Board has re-scheduled its March closed meeting, originally scheduled for March 15. The March closed meeting will be held Wednesday, March 14, beginning at 1:30 p.m. ET. The March open meeting will still be held Thursday, March 15, beginning at 10 a.m. ET. Meeting agendas are available on NCUA’s Board Meeting […]

Foundation calls for proposals from CUs to develop financial health KPIs

The National Credit Union Foundation (the Foundation) is looking for credit unions to submit proposals to work with the Center for Financial Services Innovation (CFSI) to develop financial health-related key performance indicators (KPIs) to measure the financial health and business impacts of their products and services. The deadline for credit unions to submit their applications […]

Envision breaks ground on new financial center

Envision Credit Union recently broke ground on a new $3 million full-service financial center in Tallahassee, FL, which will be staffed by 22 employees. The two-story, 10,000-square-foot site will include a community room designated for education-based efforts on financial literacy and community use. The second floor will house the credit union’s commercial lending, mortgage and insurance […]

Phase II Disaster Relief Grants now available

The Southeastern Credit Union Foundation is happy to report that, because of generous donations for disaster relief, we have been able to assist 262 credit union employees and volunteers with a little more than  $130,000 in assistance. We also understand that some hurricane victims may have suffered losses that insurance and other assistance were not […]