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Historically a mortgage shop, Marshall Community CU had to make major changes when the real estate market crashed, and since 2009 has diversified its product mix and focused on cross-selling to great success.
March 11 -
Fourth-quarter 2012 data for credit unions shows an increase in both loans and deposits at credit unions, with lending strongest in North Dakota and Oklahoma and weakest in Nevada.
March 11 -
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RALEIGH, N.C.-The Support Center, a community development organization supported by five area credit unions, has introduced special loans for military veterans. The Veterans Direct Loan Program is a "no equity" requirement small business loan program targeting existing and new veteran-owned and Service-Disabled-Veteran-owned small businesses across the state.
March 11 -
ALEXANDRIA, Va.-NAFCU is urging on NCUA to give its examiners more guidance in examining the new mandated interest-rate management rules, saying its members are increasingly complaining about examiners substituting their own opinions and judgments for that of credit union management.
March 11 -
KALAMAZOO, Mich.-Community Promise FCU, a new community development credit union chartered to serve residents of the low-income Edison neighborhood, has held its grand opening.
March 11 -
ALEXANDRIA, Va.-NCUA said MEMBERS Trust Co.'s Charitable Lead Trust Program being conducted in partnership with the National CU Foundation is a permissible investment for federal credit unions as long as individual investments made by the Trust are permissible investments under NCUA's rules and regulations.
March 11 -
DALLAS-Pentagon FCU said its wholly owned PenFed Realty has acquired AHK Realty, Inc., doing business as Prudential Texas Properties, a Dallas-based real estate firm that is the fifth Prudential realty operation acquired by the credit union giant. Under the deal, Rick Wylie will continue to head the Dallas office and the Prudential Texas Properties name will remain.
March 11 -
Columbia CU, Vancouver, Wash., hired Brendan Thorson as a registered representative in the wealth management department.
March 11 -
Credit unions are being encouarged to move full-speed ahead to comply with new health care reform mandates and those going into effect later in 2013.
March 11 -
The predicted "race to the bottom" in PIN network debit interchange rates may have begun, according to one new analysis of debit cards.
March 11 -
The business model for many small credit unions appears to be changing-by necessity-with at least one CEO saying it's now fee income supporting the loan process.
March 11 -
In taking on the low-income credit union designation (LICU), Cathie Mahon cautions CUs to avoid some common misperceptions about low-income consumers-that they are without means and are not technologically savvy.
March 11 -
The $38-million Spartanburg Regional FCU was recently named by SNL Research as having the nation's lowest average rate on a 30-year mortgage, 2.50%.
March 11 -
Lawyers for St. Helen's Community FCU urged a federal court here to dismiss a suit challenging last September's unsuccessful board ouster vote, claiming the federal court has no legal jurisdiction over federal credit union bylaws designed by NCUA.
March 11 -
SAN JOSE, Calif.-Technology Credit Union has increased its lending limits on super jumbo loans up to $8 million on ARMs and $3 million on fixed-rate mortgages.
March 11 -
A list of the top 200 credit unions by assets.
March 11 -
A new study suggests that longer stays in college are leading younger credit union members to take longer to make major purchases, which in turn is delaying subsequent life events.
March 11 -
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What Frank Diekmann found while rummaging around the bottom of his GAC attendee bag.
March 11
