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About 40% the credit unions six million members are millennials and represent the largest segment of the $75 billion institutions membership base.
By Palash GhoshApril 29 -
Second largest credit union in the nation now focusing on state league membership requirements; still not affiliated with Carolinas CU League.
By Palash GhoshApril 29 -
Former CEO of U.S. Mortgage Corp. and CU National Mortgage sentenced to seven years in prison; ordered to pay more than $139.6 million in restitution.
By Palash GhoshApril 29 -
State Employees' Credit Union, the $31.8-billion behemoth based in Raleigh, N.C., announced it is re-affiliating with the Credit Union National Association, citing the organization's "new vision" and "new direction."
By Palash GhoshApril 28 -
Auto lending has enjoyed a serious boost in volume, and one segment subprime loans has followed suit, but a recent study suggests a spike in delinquencies and charge-offs is in the offing.
By Palash GhoshApril 25 -
The National Credit Union Administration (NCUA) announced it has selected Cherie Freed to become regional director of the agencys Region V office in Tempe, Ariz.
By Palash GhoshApril 19 -
Pennsylvania became the 24th state (including the District of Columbia) to legalize medical marijuana after Democratic Governor Tom Wolf signed a bill over the weekend, but CUs arent lining up to serve these now-legitimate businesses.
By Palash GhoshApril 18 -
With college graduation right around the corner, some credit unions are gearing up to appeal to the latest crop of job seekers who bring both a youthful perspective and a newly minted degree to the table.
By Palash GhoshApril 15 -
Credit union service organization PSCU has received the CUSO of the Year Award from the National Association of Credit Union Service Organizations (NACUSO).
By Palash GhoshApril 14 -
Boeing Employees Credit Union, long affiliated with the aerospace giant, is attempting to alleviate the concerns of members who may lose their jobs.
By Palash GhoshApril 12 -
The FBI is probing allegations of possible financial improprieties at the six Philadelphia-based credit unions liquidated by the National Credit Union Administration (NCUA) earlier this week.
By Palash GhoshApril 7 -
Two North Carolina credit unions Coastal Federal Credit Union and Freedom Credit Union said their boards have agreed to merge the institutions in a transaction that will result in Coastal FCU as the surviving entity.
By Palash GhoshApril 6 -
All six tiny credit unions had one primary thing in common: management contracts with Service Center for Credit Unions in Bensalem, Pa.
By Palash GhoshApril 5 -
Clinton Township, Mich. -- Central Macomb Community Credit Union, Clinton Township, Mich., will change its name to FreeStar Financial Credit Union, effective April 4, in order to better align with its new field of membership (FOM), which now encompasses ten counties in Southeast Michigan and all military members throughout the state of Michigan.
By Palash GhoshApril 4 -
Even if people dont fall for Community Choice CUs April Fools Day prank, the CU hopes to show consumers that if theyre banking with a bank instead of a credit union, theyve already been fooled.
By Palash GhoshApril 1 -
Risk management executives discuss diverse approaches credit unions can take in addressing interest rate risk strategies.
By Palash GhoshApril 1 -
While many CUs avoid the product that some consumer advocates deem predatory, the CUs that do offer them say it's a service members want and need and can be done in consumer-friendly way.
By Palash GhoshApril 1 -
With rates likely to rise during the next 12 to 18 months, industry insiders and experts weigh in on what your CU can do to prepare for the new interest rate landscape.
By Palash GhoshMarch 30 -
Federal Reserve members, including Chair Janet Yellen, suggest that future rate hikes will be less often and less aggressive than industry insiders predicted.
By Palash GhoshMarch 29 -
Credit unions have a dominant auto lending presence in the West, boasting as much as a 50% market share in some areas. Credit Union Journal explores what is driving that dominance.
By Palash GhoshMarch 29

