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The $470-million Fresno County FCU here has been able to process greater mortgage lending volume while cutting expenses and reducing the burden on its staff, thanks to a new partnership.
November 23 -
Four times as many members of Fox Communities Credit Union are now carrying its credit card, thanks to clever promotion and simply more attention to pushing the plastic.
November 23 -
When $984-million First Entertainment Credit Union was seeking to generate $5 million in auto loans and to raise its awareness among potential members within the local community, it decided to face the music.
November 23 -
Spire FCU has found a way to lift attendance at its annual meeting from 150 people to more than 1,000.
November 23 -
Diamond CU developed a “lending roadmap” that it credits for 9% loan growth the first half of the year–without any rate promotion.
November 23 -
An investment in marketing by Upper Cumberland CU has jolted lending and led to a tripling of ROA in one year.
November 23 -
Brewery CU has shifted its efforts from serving the Brewery Workers Union to finding creative ways to bring financial services to poor and underbanked communities, earning it a Best Practices award from Credit Union Journal.
November 21 -
Spotting a need in its market for a no closing cost mortgage, Associated CU here launched its own, netting nearly 300 loans, more than 85% of which were new to the CU.
November 21 -
GFA FCU has seen increased efficiencies and savings of more than $54,000 since shifting to a “Lean” culture.
November 21 -
COLUMBUS, Ga.--Total System Services (TSYS) will have a new "Square-like" look and feel to ramp up its merchant-acquiring business when it closes its deal for ProPay in the next month.
November 21 -
COLUMBUS, Ohio--A survey of banks and credit unions in 24 states and the District of Columbia has found free checking is still widely available at smaller financial institutions while few big banks offer the service.
November 21 -
WYOMISSING, Penn.--Utilities Employees Credit Union, a virtual credit union serving the U.S. utility and energy industry nationally, has rolled out a new product for members who have had difficulty obtaining a checking account at other institutions.
November 21 -
MADISON, Wis.--Summit Credit Union, which has placed its membership and marketing focus on women age 20-50, focusing on women 20 to 50, has launched a new program to help women "boldly step into their first million."
November 21 -
FERNDALE, Mich.--One year after launching a Facebook page that included member chat and responses to member questions on financial issues, Credit Union ONE said members are now regularly posting questions and participating in web seminars.
November 21 -
CO-OP Financial Services has released a white paper that focuses on definitions P2P/digital wallets and enabling technologies, a review of key industry developments, and CO-OP's own recommendations for credit unions considering P2P/digital wallets adoption.
November 21 -
WESTBURY, N.Y.--NEFCU here has introduced a new VISA platinum card that will offer a 1% cash rebate to the READ foundation, which funds programs and capital projects within the Roslyn School District.
November 21 -
MADISON, Wis.--A new consumer survey released by TruStage, the consumer brand of CUNA Mutual Group, has found that 97% of CU members consider Christmas as the main holiday to be with family members, but that Thanksgiving is the most important holiday to connect with multiple generations of family members.
November 21 -
BOCA RATON, Fla.--Intercontinental Warranty Services, Inc. (IWS), a provider of after-market vehicle protection services to credit unions, said it is selling certain assets to a Chicago area-based affiliate of Kingsway Financial Services Inc. Current management, led by CEO James H. Hawk, will remain in place.
November 21 -
LIVE OAK, Texas--Randy Smith, CEO at Randolph-Brooks FCU here, said he will retire effective Dec. 31. Smith will be succeeded by RBFCU's current president, Christopher W. O'Connor. Smith will assume the position of senior advisor to the Board of Directors.
November 21 -
NEW YORK--The Consumer Financial Protection Bureau's examination process, enforcement actions and remittance rule all came under heavy fire on as banking industry representatives engaged in an intense but polite panel discussion with a top agency official.
November 21
