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DE CU League Announces Merger Intent with Cooperative CU Association

Posted On: Apr 06, 2016

The Delaware Credit Union League (DCUL) board has announced its intent to merge with the Cooperative Credit Union Association (CCUA), according to DCUL President/CEO Patrick Mahaney. “We believe our members will ...

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Name and Charter Change – but Their Mission Remains the Same

Posted On: Sep 18, 2015

Delaware Alliance Federal Credit Union (DAFCU), serving over 80 employee groups throughout the state of Delaware, has been granted approval by the National Credit Union Administration to expand its market ...

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CLF Bridge Loans Now Excluded from Corp. CU Lending Cap

Posted On: Sep 18, 2015

Corporate credit unions will have greater flexibility to serve consumer credit unions under a final rule approved by the National Credit Union Administration. The final rule is identical to the ...

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U.S. Rep. John Carney, D-Del, to Run for Governor in 2016

Posted On: Sep 18, 2015

Delaware Congressman John Carney, a Democrat, formally entered the 2016 race for governor on Wednesday, ending months of speculation that he would seek the state’s top political office. Carney, who ...

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Small CU Threshold Raised to $100 Million

Posted On: Sep 18, 2015

The NCUA Board approved a change to the Regulatory Flexibility Act that would change the definition of “small entity” to include all credit unions with fewer than $100 million in ...

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Matz’ Testimony Creates Turmoil

Posted On: Jul 24, 2015

Testifying before the House Financial Services Committee's Subcommittee on Financial Institutions and Consumer Credit, National Credit Union Administration Chair Debbie Matz told lawmakers that credit unions that have raised questions ...

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Governor Establishes Office of Financial Empowerment

Posted On: Jul 16, 2015

Governor Markell recently signed House Bill 10 into law, codifying a Delaware Office of Financial Empowerment. Once again, Delaware takes its place as the First State in the country to ...

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Stepping Stones Joins FHLB

Posted On: Jul 08, 2015

In a move to strengthen the local community it serves, 3-year-old Stepping Stones Community FCU recently became the second credit union in Delaware to join the Federal Home Loan Bank ...

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CUs May Disclose Breached Merchant Names

Posted On: Jun 18, 2015

MasterCard and Visa have confirmed that, under their network rules, card issuers are allowed to divulge the names of merchants involved in data breaches to their members. This provides the ...

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Data Breach Confirmed by LastPass

Posted On: Jun 18, 2015

LastPass, which provides a service allowing users to centrally manage all their passwords with a single master password, disclosed a breach of its databases. Hackers stole user email addresses and ...

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