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ARLINGTON, Va. That's the response from David Carrier, chief economist and director of research at NAFCU, following NCUA's release of third quarter data.
December 5 -
ALEXANDRIA, Va. While overall loan growth increased by 6.8% in the year ending in the third quarter of 2013, NCUA is reporting that Idaho and Rhode Island blew past that, with loan growth of 15.2% and 12.6%, respectively.
December 4 -
ALEXANDRIA, Va. Loan growth at federally insured credit unions continues to rise, along with net worth and membership totals, according to third quarter data released by NCUA today.
December 2 -
ATLANTA The number of credit unions buying banks will likely increase next year, along with the size of the deals.
November 27 -
PLANO, Texas While CEOs are seeing a number of positive growth signs within credit unions, their outlook on the overall economy may be headed in a different direction and part of the reason may be Washington.
November 22 -
LAS VEGAS At the end of the day it's often the measure of success-the bottom line, and it can be a challenging metric for a financial institution to manage in today's economy.
November 10 -
NEW YORKNCUA will receive $78 million from Ally Financial under a settlement of claims the credit union regulator filed over mortgage-backed securities the former GMAC subprime loan subsidiary known as Residential Capital, or ResCap, sold to three corporate credit union failures.
November 4 -
VIENNA, Va. Navy FCU reported Monday that it added another 234,000 new members in the third quarter and 445,000 new members over the past 12 months for a total of 4.6 million.
October 28 -
CARSON CITY, Nev.While some might refer to the recent economic downturn as a financial crisis, a recession, or even the ""Great Recession," Wally Murray calls it "The Dark Times."
October 28 -
SAN FRANCISCOAs credit unions from California and Nevada converge here for the Annual Meeting and Convention of their two state CU leagues this week, the answer to the question "How are you doing?" will depend greatly on which state is called home.
October 28 -
ONTARIO, Calif.The California and Nevada Credit Union Leagues are rolling out a soft launch of a partnership with MOGL, a San Diego-based provider of a merchant funded restaurant rewards platform.
October 28 -
PLEASANTON, Calif.Patelco Credit Union said its "Switch to Save" loan refinance program recently hit a milestone as participating members have saved more than $1 million.
October 28 -
VENTURA, Calif.Bank Transfer Day is gone but it is not forgotten-especially at Ventura County Credit Union.
October 28 -
ALEXANDRIA, Va.The nation's biggest credit unions continued to trim their loan-loss provisions and cost of funds in the third quarter pushing net income higher still, according to reports filed last week with NCUA.
October 28 -
MADISON, Wis. CUNA reported that credit union loans, membership and savings all rose in August.
October 2 -
TAMPA, Fla.In 2004 Charles Schwab began to notice a high level of customer defection, with more than 700,000 customers closing out their accounts that year. Unsure where to turn, it brought back the companys namesake as CEO.
October 1 -
SAN BERNARDINO, Calif.Big banks are now holding the line on free checking. After a steep decline in the percentage of free checking accounts, 38% of checking accounts offered by major banks are free, down just one percentage point from last year, according to Bankrate.coms 2013 Checking Survey.
September 30 -
State Employees' CU, one of four $10 billion-plus credit unions that would be stress-tested under a proposal being considered by NCUA, is all in favor of the tests now undergone by big banking companies and insists the results should be made public, just as they are for banks.
September 23 -
LAKE BLUFF, Ill.Even though credit union and bank balance sheets have improved since the financial crisis, loan growth has mostly stalled or has fallen at small credit unions and community banks, according to a new study from Moebs Services.
September 18 -
Despite healthy numbers recently reported by NCUA, Glatt Consulting's Credit Union Industry HealthScore, which is designed to measure the performance of the credit union industry, showed a decline in the second quarter of the year.
September 16




