Ascend FCU Opens New Branch in Hendersonville
Middle Tennessee’s largest credit union has opened a new financial center in Hendersonville. Ascend Federal Credit Union, which was ranked the 2015 Credit Union of the Year by the National Association of Federal Credit Unions (NAFCU), has opened a location at 303 S. Parrish Place. The new financial center features Ascend’s Personal Assistance Service System, […]
Bowater Credit Union Donates $1000 to Feed My Sheep
Bowater Employees Credit Union member Lori Freeman, has won $1,000 from Bowater Credit Union to her favorite non-profit, Feed My Sheep Sack Pack Program through Benton United Methodist Church. Bowater Credit Union has asked its members to nominate their favorite non-profit helping people in the counties eligible for credit union membership: Bradley, McMinn, Meigs, Monroe, […]
Shared Branching – The Best Kept Secret in Credit Unions
Consumers want convenient access to their accounts, and the Shared Branch Network is a unique product that allows credit unions to offer additional points of service and be more competitive. The shared branch network has more than 5,000 locations nationwide, surpassed only by Wells Fargo, Bank of America and Chase. Yet in too many “why […]
Ascend Federal Credit Union Celebrates 19th Financial Center with Grand Opening
Ascend Federal Credit Union held a grand opening Nov. 17 for its new facility at 303 S. Parrish Place in Hendersonville. The beautiful new financial center, which is the credit union’s 19th Middle Tennessee location, features technology that is the first of its kind in the mid-state. “We’ve replaced the teller pod design from our […]
United Southeast Federal Credit Union Celebrates 75th Anniversary
United Southeast Federal Credit Union (USFCU) celebrated their 75th anniversary in an event held at the Credit Union’s headquarters along with members, employees and distinguished guests. Tennessee Credit Union League President Fred Robinson, Tennessee Lt. Governor Ron Ramsey, and Virginia Delegate Israel O’Quinn were among the speakers that joined the evening celebration. “USFCU is not […]
Judge Blocks Overtime Rule That Was Set to Go Into Effect December 1st
Yesterday, U.S. District Judge Amos L. Mazzant of the Eastern District of Texas granted a nationwide, preliminary injunction that at least temporarily blocks the Department of Labor (DOL) from adopting or implementing the new white collar salary threshold regulations that would have essentially doubled the minimum salary requirements for exemption from overtime from $23,660 to […]
CFPB Publishes 2017 List of Rural or Underserved Counties
The Consumer Financial Protection Bureau has published on its website a list of counties determined to be “rural” and a list of counties determined to be “rural or underserved” during 2016 for purposes of applying certain regulatory provisions related to mortgage loans during 2017 (2017 lists). Rural counties are generally defined by using the USDA Economic […]
Stephanie Zuleger Receives Rising Star Award
The Rising Star Award, which honors an emergent talent in the field of credit union lending, was presented to Stephanie Zuleger, vice president and chief lending officer of Y-12 FCU in Oak Ridge, Tenn. Zuleger’s achievements in her young career include revamping Y-12’s mortgage products and services, implementing new lending origination platforms for both consumer and […]
Bowater ECU Awards $1,000 Pay-It-Forward Prize to Member
Bowater Employees Credit Union member Cynthia Humes, has won $1,000 from Bowater Credit Union to her favorite non-profit, Family Cornerstones. Bowater Credit Union has asked its members to nominate their favorite non-profit helping people in the counties eligible for credit union membership: Bradley, McMinn, Meigs, Monroe, and Polk. Family Cornerstones is the second winner of […]
United Southeast Federal Credit Union Celebrates 75th Anniversary
United Southeast Federal Credit Union hosted a reception on October 6 in honor of the credit union’s 75th anniversary. Congratulations, United Southeast FCU!