Wednesday , 12 August 2020

Tag Archives: union

NOTABLE TRANSACTIONS: Dubuque-based credit union plans branch in Grimes

Dupaco Community Credit Union plans to open a branch in Grimes. The City Council in July approved a site plan for the project. Architectural rendering by Shive Hattery Inc.   Dupaco Community Credit Union, with offices in Dubuque, Wisconsin and Illinois, is moving into Polk County. Dupaco paid Hy-Vee Inc. $1 million for 1.7 acres of farm ground at 1701 E. …

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NOTABLE TRANSACTIONS: Dubuque-based credit union plans branch in Grimes

Dupaco Community Credit Union plans to open a branch in Grimes. The City Council in July approved a site plan for the project. Architectural rendering by Shive Hattery Inc.   Dupaco Community Credit Union, with offices in Dubuque, Wisconsin and Illinois, is moving into Polk County. Dupaco paid Hy-Vee Inc. $1 million for 1.7 acres of farm ground at 1701 E. …

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Portland Federal Credit Union employees donate to Flint foster care and adoption agency

FLINT, MI – Employees at Portland Federal Credit Union came together to raise $5,147 for the Ennis Center for Children, a foster care and adoption agency in Flint with more locations throughout Southeast Michigan. Headquartered in Portland,, the staff of over 150 employees votes on where to donate to each quarter. PFCU Vice President of Marketing Laura Sorensen presented a …

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7 Mortgage Implements OpenClose’s LOS & POS to Support Its Network of Credit Union Members

KNOXVILLE, Tenn., Aug. 12, 2020 (SEND2PRESS NEWSWIRE) — 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose’s end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry’s leading technology. The OpenClose solution allows 7’s CUSO members to efficiently and effectively complete mortgage loans – from start to finish – …

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7 Mortgage Implements OpenClose LOS and POS to Support Its Network of Credit Union Members

Introduction of the OpenClose platform connects CUSO members, digitizes the mortgage lending process and facilitates excellence in service (KNOXVILLE, Tenn.) — NEWS: 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose’s end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry’s leading technology. The OpenClose solution allows 7’s CUSO …

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Credit Union Settles Members’ Class Action Lawsuit for $215,000

Source: Shutterstock. A Maryland credit union settled a class action lawsuit for more than $200,000 that will be paid to members who claimed the $198 million Marriott Employees Credit Union in Bethesda, Md. violated the Truth in Lending Act (TILA) by failing to disclose the true cost of mini-loans for which members were allegedly charged an interest rate of 46%. …

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Midwest credit union leagues team up for virtual conference

With the industry’s 2020 conference schedule thrown off track by the coronavirus pandemic, a pair of Midwestern credit union leagues have joined forces to take their annual conventions online. Brad Douglas, president and CEO of the Heartland Credit Union Association The Illinois Credit Union League and Heartland Credit Union Association, which serves CUs in Kansas and Missouri, will host Boost, …

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CEO of GP Louisiana Federal Credit Union in Zachary retires after 35 years in the industry | Zachary

Grace Perkins, CEO of GP Louisiana Federal Credit Union for the past 15 years, has retired. Perkins also led the Lane Memorial Credit Union, serving nearly 35 years between the two groups. “I’ve developed such valuable lasting relationships here with our members as well as our previous and current boards and staff,” Perkins said. “Those relationships are my favorite memory of …

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Class Action Targets Atlanta Postal Credit Union for Unfounded Overdraft Fees

(Photo: zieusin/Shutterstock.com) A putative class action targeting the Atlanta Postal Credit Union—the oldest and one of the largest in Georgia—claims it routinely charges members overdraft fees for items that do not actually overdraw their accounts. Want to continue reading?Become a Free ALM Digital Reader. Benefits of a Digital Membership: Free access to 3 articles* every 30 days Access to the …

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Service Credit Union Named 2019 Army CU of the Year

Service Credit Union has four full-service branches in USAG Bavaria, including Tower Barracks in Grafenwöhr, Rose Barracks in Vilseck, the Hohenfels Training Area and Artillery Kaserne in Garmisch. The credit union is dedicated to supporting members and their families in this area, and hosted 177 events in 2019 in direct support of the Garrison. Special events included Thanksgiving and winter …

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