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Top 5 Mobile Banking Errors by Members

The weakest link is the end user. Here are five top reasons why and some ideas on how to safeguard against them....Read More...Top 5 Mobile Banking Errors by Members:

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New CEO Named at SF Fire CU

  In San Francisco, – SF Fire Credit Union has appointed Robert Kassab as its president and chief executive Officer. Kassab, who has served as the $1.6-billion credit union’s CFO and most recently as Interim CEO, will lead the organization as it builds on 75 years of community service and pursues an ambitious strategy for growth and member impact, the credit union said in a statement. Robert Kassab “SF Fire Credit Union has a 75-year legacy of doing right by its members, and I take that responsibility seriously,” Kassab stated. Kassab joined SF Fire Credit Union in 2022 as CFO, where he played a central role in strengthening the institution’s financial foundation and positioning the credit union for long-term growth. His appointment as CEO follows a period of interim leadership, during which he worked closely with the board to develop a strategic vision for the credit union’s future, according to SF Fire. An Institution That ‘Deserves Them Back’ “SF Fire Credit Union was built on ...
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Crews Shares Vision For NCUA, Refuses To Enter Board Battle

By Ray Birch WASHINGTON—NCUA nominee John Crews used his Senate Banking Committee confirmation hearing Thursday to lay out an agenda centered on reducing regulatory burden for smaller credit unions, encouraging technological innovation and reviving the formation of new credit unions, while declining to weigh in on the legality of the NCUA's current one-member board because of pending litigation. Although much of the hearing was dominated by sharp questioning of fellow nominee Christopher Phelan over the economy, inflation, tax policy and President Trump's agenda, Crews' exchanges with senators offered insights into how he might approach regulating the credit union system if confirmed. The hearing proceeded despite questions on Capitol Hill over whether it would even take place following Wednesday's political turmoil surrounding President Trump's demand that Congress pass the SAVE America Act before he signs bipartisan housing legislation and the Senate's decisio...
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NCUA Board Meeting Coverage: Here’s Where Deregulation Project Stands

  ALEXANDRIA, Va.—An update on NCUA’s ongoing Deregulation Project was provided during the Thursday board meeting. Offering the update was Amanda Parkhill, acting director of the agency’s Office of Examination and Insurance.“There’s a lot going on and we anticipate over 50 rulemaking guidance and policy actions as a result of the deregulation project and other efforts taken to reduce burden and streamline processes,” said Parkhill. “These cover a wide variety of topics from new,   innovative technology to long standing anti money laundering and consumer compliance requirements. Many of the actions we are working on involve coordination with other regulators to ensure that requirements are consistent among banks and credit unions.” Parkhill said 31 proposals have been made as part of the Deregulation Projects, two of which are still out for comment.  “We are in very stages of finalizing several of the proposed rules,” Parkhill said. adding that objective is to wrap up phas...
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DC Round-Up

  HUD Makes ACU-Requested Change; Hearing on Payments Today; CU-Backed Candidate Wins in Utah WASHINGTON–The Department of Housing and Urban Development (HUD) has updated Federal Housing Administration (FHA) quality control requirements to allow greater flexibility and alternatives to appraisal field reviews in a change that had been requested earlier by a coalition of 10 trade groups, including America’s Credit Unions .  The new provisions took effect immediately when released in a Mortgagee Letter on June 23, . According to ACU, the change removes the requirement for mortgage lenders, including credit unions, to obtain appraisal field reviews on at least 10% of origination and underwriting quality control reviews.  “The change will make field reviews optional for appraisal quality control, maintain FHA’s core appraisal compliance framework, and give lenders the ability to tailor their review methods on a case-by-case-specific risk,” America’s Credit Unions said. “The r...
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Healthcare Fraud Sweep

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Facial recognition to secure payments will exceed 1.4 billion globally by 2025

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Boston Firefighters Credit Union Becomes First Responders Credit Union

New name reflects nearly 80 years of service and a growing commitment to first responders across Massachusetts BOSTON, MA, June 15, 2026 — Boston Firefighters Credit Union today announced that it has officially changed its name to First Responders Credit Union , reflecting the broader first responder community the organization serves while honoring the firefighters who founded it nearly 80 years ago. Founded in 1947 by members of the Boston Fire Department, the credit union was established to serve the financial needs of firefighters and their families. Over the decades, it has grown into a trusted financial institution serving firefighters, law enforcement professionals, EMS personnel, civilian employees of first responder agencies, and their families throughout Massachusetts. Today, more than 12,000 members rely on the credit union for banking, lending, and financial guidance tailored to the unique demands of first responder life. While the name is new, the mission is not. ...
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Twenty-Five Years of Showing Up

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47-Second Loan Décisions. Underwriting in Minutes. How AI is Revolutionizing Turnaround Time in Mortgage Lending

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AI Rapidly Reshaping How Consumers Discover, Compare & Choose Banking Products (But Trust Remains an Issue)

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