Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (09/24/2008)
* BOULDER, Colo. (9/25/08)--Boulder Valley CU (BVCU) has received approval from the Department of Housing and Urban Development (HUD) to offer members Federal Housing Administration (FHA) mortgage loans. The $169 million asset credit union is the only credit union in northern Colorado and one of the few to offer FHA mortgages, it said. FHA loans offer mortgage options for struggling homeowners and first-time home buyers. "BVCU's mission is to provide home buyer education and conduct responsible lending to the underserved within our community in order to promote responsible borrowing and home ownership," said Kimberley Morris, BVCU vice president mortgage lending … * HARAHAN, La. (9/25/08)--The Louisiana Credit Union League has promoted Jill Kitchens to director of education. Kitchens previously served as league government affairs specialist and was instrumental in advancing political advocacy fundraising and more. She has been in the credit union movement since 2002. In her new role, Kitchens will oversee the league's education department and assist credit unions in Louisiana with their education needs … * MUSKEGO, Wis. (9/25/08)--Corporate Central CU, located in Muskego, Wis., announced Wednesday it has hired Heather Paris as relationship development officer. Paris formerly served for five years as an assistant supervisor with Fort Community CU, Fort Atkinson, Wis. In her new role, Paris will meet with member credit unions and potential members to determine their needs and provide correspondent, investment and liquidity solutions. Corporate Central has 400 member credit unions nationwide … * ST. LOUIS (9/25/08)--Vantage CU has donated 16 personal digital assistant (PDA) SmartPhones to Cell Phones for Soldiers to help deployed soldiers call home for free. The phones, which were extras after a company-wide cell phone conversion, will be sold, with the proceeds used to purchase pre-paid calling cards for troops overseas. Matt Fagala of the $500 million asset credit union's information technology (IT) department coordinated the donation. From left are IT department staffers Leanne Doza, Ruben Bonales, Fagala, Rachel Shryock and Kelly Gillette. (Photo provided by Vantage CU) … * COLORADO SPRINGS, Colo. (9/25/08)--Ent FCU, based in Colorado Springs, was placed in the top 25 of tech-savvy mortgage lenders by Mortgage Technology Magazine, the $2.5 billion asset credit union announced Tuesday. Ent, a Prime Alliance client, implemented the Dexma Loan Origination Center and is adding Dexma Loan Fulfillment Center. Its use of technology enabled it to handle a 400% increase in Federal Housing Administration (FHA) loan volume during the past 15 months. Members can apply for the loans online at and check the status of their loan throughout the process …


News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital
12 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
16 hours ago
New @FICO score metric expected this week, will include utility payments
17 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
17 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
17 hours ago