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SAN ANTONIO, Tex. Security Service FCU ranked No. 1 on a list of financial providers favored by auto dealers, making it the first credit union ever to take the top spot in this national survey.
By Palash GhoshDecember 8 -
NCUA Chairman tells House committee that Financial Stability Oversight Council performs valuable service to Americans.
By Palash GhoshDecember 8 -
Sharetec System, a company that provides both in-house and service bureau core solutions to credit unions, said 10 credit unions decided to move to Sharetecs Service Center last month.
By Palash GhoshDecember 7 -
Total loans at federally insured credit unions reached $769.5 billion at the end of the third quarter of 2015, a 3.3% jump from the second quarter; and a 10.7% surge from the third quarter of 2014, according to statistics released by NCUA.
By Palash GhoshDecember 4 -
Credit unions, banks and a host of other interests are challenging aspects of the way the FCC is interpreting and implementing the Telephone Consumer Protection Act.
By Palash GhoshDecember 3 -
Pioneer West Virginia Federal Credit executives wanted to move its marketing more aggressively into social media.
By Palash GhoshDecember 1 -
The Partnership Federal Credit Union's developed its "ZipLINE Credit Builder" to provide members an alternative to payday alternative loans (PALs).
By Palash GhoshDecember 1 -
The concept of allowing members to skip a loan payment isn't revolutionary, but New Dimensions FCU found a way to use this old staple to generate 322% ROI on loans with the skip-a-payment option.
By Palash GhoshDecember 1 -
Dover FCU wanted to increase loan growth and improve front-line member engagement.
By Palash GhoshDecember 1 -
The tiny Cleveland-based credit union is the ninth federal insured CU to be liquidated in 2015.
By Palash GhoshDecember 1 -
Despite strong increases in lending volume, credit unions are seeing weaker profits. Experts share reasons behind this trend and what credit unions should do about it.
By Palash GhoshNovember 25 -
HAMPDEN, Maine Maine Savings Federal Credit Union, a $296-million institution based in Hampden, Maine, has witnessed an astonishing 63% surge in net new checking accounts after introducing its "RedWallet" checking product in June of 2014.
By Palash GhoshNovember 19 -
Intuvo, a company that provides marketing automation software to the credit union industry, and a division of CU Direct, announced it has entered into new partnership agreements with three credit unions.
By Palash GhoshNovember 18 -
Robberies arent the only violence branches could potentially face.
By Palash GhoshNovember 13 -
CHEYENNE, Wyo.The boards of directors of Warren Federal Credit Union (WFCU) and Community Financial Credit Union (CFCU) announced that they plan to merge the two institutions.
By Palash GhoshNovember 12 -
Western Federal Credit Union, a $2.2-billion institution based in Hawthorne, Calif., announced it has appointed Gordon M. Howe as its CEO, succeeding John Bommarito, who is stepping down after almost 22 years.
By Palash GhoshNovember 11 -
Lansing, Mich. The Michigan Credit Union League & Affiliates (MCUL) announced that state legislators on the House Financial Services Committee unanimously passed a six-bill package that will update the Michigan Credit Union Act (MCUA) for the first time in more than a dozen years.
By Palash GhoshNovember 10 -
Pentagon Federal Credit Union received some high-profile praise on a White House blog on the eve of Veterans Day.
By Palash GhoshNovember 10 -
Peer-to-peer lending (P2P) is growing by such leaps and bounds that credit unions would be wise to develop strategies to either deal with this emergent force in financial services or form partnerships with these online lenders that have sprouted like mushrooms across the landscape.
By Palash GhoshNovember 9 -
GRAND RAPIDS, Mich. -- CU*Answers, a credit union-owned core data processor, announced it has signed a deal with the newly formed ELCA Federal Credit Union to a CU*BASE agreement.
By Palash GhoshNovember 9