News

A new Aite Group report says 39% of community banks say theyre likely or extremely likely to invest in new branch technologies.

A new Aite Group report says 39% of community banks say theyre likely or extremely likely to invest in new branch technologies.

Perhaps it was bound to happen given the continuing financial slide of the $667 million Silver State Schools Credit Union.

Even as it absorbs its lumps and lays off employees from the slump in home lending, the $419 million Air Academy Federal Credit Union of Colorado Springs, Colo., made clear last week it is on a mission to emphasize online and electronic tools.

A Tampa Bay teacher has sued the 511,000-member $4.9 billion Suncoast Schools Federal Credit Union in Florida court, charging the CU repossessed her car after she fell behind on her mortgage payments.

Adoption of commercial remote-deposit capture, which refers to business customer-specific RDC solutions, grew by just 10% in 2011 while mobile RDC has become a priority for U.S. financial institutions and vendors, said a new Celent report, State of Remote Deposit Capture 2011: Signs of a Maturing Market.

What a difference 10 months makes. Thats a prevailing thought in corporate credit union circles as executives digest the reports, unconfirmed by the NCUA, that two of the leading bidders for the failed Western Bridge corporate are Alloya (formerly Members United) and Catalyst (formerly Southwest Bridge plus Georgia Corporate). This...

The NCUA needs to do a more thorough review of how it protects the privacy of its computer users and data, according to a report by the agencys Office of Inspector General.