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MINNEAPOLIS – A new quarterly survey of risk managers at U.S. banks found more than 60% are forecasting student loan debt delinquencies will increase in the next six months.
October 16 -
NEW YORK – For the second consecutive quarter, the number of CEOs who feel optimistic about the economy declined in the Conference Board’s Measure of CEO Confidence.
October 16 -
CHICAGO – Groupon is now offering restaurants, bars and cafes its Breadcrumb point-of-sale solution, a move that ties the company closer to merchants.
October 16 -
EAST LOS ANGELES – The $1.2-billion NuVision FCU said it will close a branch here at the end of October, further limiting the already limited number of financial outlets in this low-income side of town.
October 16 -
ESSEXVILLE, Mich. – FinancialEdge Community CU here will open the doors of a new location inside a Do-All resale store tomorrow on International Credit Union Day.
October 16 -
SAN FRANCISCO – A study released today by the Filene Research Institute indicates that SaveUp – a savings rewards program piloted by several CUs earlier this year – has raised financial awareness and helped participating institutions deepen relationships with members.
October 16 -
TALLAHASSEE, Fla. – When U.S. Senator Bill Nelson (D) and his challenger for his Senate seat, Rep. Connie Mack IV (R) debate later tonight on a broadcast airing in Florida, TV viewers will learn about the CU difference.
October 16 -
MADISON, Wis. – The Credit Union Executives Society has named Martin D. Gillis, board chair at Windsor Family Credit Union in Windsor, Ontario, as the 2012 CUES Director of the Year.
October 15 -
COLUMBUS, Ohio – Loans are up for Ohio CUs, which experienced a 35% rise in loan originations from June 2011 to June 2012, according to the Ohio CU League.
October 15 -
ALBANY, N.Y. – The Credit Union Association of New York has purchased shares in CU Direct Corporation, Ontario, Calif.
October 15 -
NEW YORK – A new analysis suggests that hundreds of community banks are in danger of failing short of tougher capital requirements should the economy stall again.
October 15 -
FARMERS BRANCH, Texas – Employee turnover among credit unions in Texas is costing approximately $144-million each year, according to a new study from the Texas CU League.
October 15 -
N. CHARLESTON, S.C. – Credit unions in South Carolina are celebrating “Every Day is Bank Transfer Day” throughout this week on IWearYourShirt.com.
October 15 -
MADISON, Wis. – 2012 likely will go down as the year when credit unions regained their financial footing and turned more of their attention to member financial well-being, according to CUNA Mutual Group.
October 15 -
LAS VEGAS – Credit unions continue to reap the benefit from public sentiment toward banks that led to Bank Transfer Day last November, according to Bill Cheney.
October 15 -
GALVESTON, Texas – Credit unions in the Houston and Galveston markets are staging a week’s worth of joint events to raise awareness of credit unions during International Credit Union Week.
October 15 -
SOUTHFIELD, Mich. – Credit unions across Michigan are planning a “cash mob” on Thursday to mark International Credit Union Day that is being dubbed “CU Lunch Local.”
October 15 -
WASHINGTON – Attacks on U.S. banks may have officially reached cyberwar status, as the U.S. Defense Secretary is issuing a warning.
October 15 -
WASHINGTON – Both credit union trade groups are objecting to proposals from the Consumer Financial Protection Bureau and NCUA, but over different issues.
October 15 -
ST. LOUIS — Mike Beall, president of the Missouri Credit Union Association, is leaving the MCUA effective Nov. 15 to accept a new position as president/CEO of the National Cooperative Business Association in Washington.
October 15