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LIVONIA, Mich.-The Invest in America CU car-buying discount program continues to see steady volume of about 10,000 vehicles financed and purchased each month.
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MAIMI-Experts are split on whether CUs should aggressively pursue auto leasing, with many believing auto leasing is gaining popularity with consumers and others feeling there is too much competition from manufacturers to make leasing worthwhile.
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COLORADO SPRINGS, Colo.-Strong auto sales in 2011 may not be the tonic to cure lending ills at credit unions, as much of the financing is being scooped up by banks and captives.
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ALEXANDRIA, Va.-One of the biggest credit union auto lenders in the country believes its 2.99% rate needs some help to compete with bank and manufacturer financing, and has added a car-buying website that offers members prices averaging some $4,000 below MSRP.
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HAUPPAUGE, N.Y.-GrooveCar President David Jacobson has noticed credit unions getting much more aggressive on A-plus paper, a change from a year ago when competition for top-tier credit drove many CUs away from that market.
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MIAMI — Activity in the leasing market supports that consumers are worried over gas prices and are unloading SUVs and trucks.
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MADISON-The top concern related to pending interchange reform is, of course, its impact on income, but there's something else that could take a hit, as well: membership growth.
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LAKE BLUFF, ILL. — The national median price of overdraft fees has peaked at $28, holding steady for the past seven months, according to a recent study from Moebs $ervices.
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WASHINGTON — Congress and the Federal Reserve were subjected last week to a full-court press of support and opposition from all sides related to the Durbin Amendment's potential impact on interchange.
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ALBUQUERQUE, N.M.-Two anonymous letters purportedly written by employees of the $353-million First Financial Credit Union here that allege wrongdoing by management have been sent to members of the local and national media, along with regulators.
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MADISON, Wis.-As credit union economists cull through the recently released fourth quarter data, they shared the surprises, red flags and points of interest to be found in the numbers.
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WASHINGTON-Credit unions have been lauding their membership growth and the steady march toward 100-million total members in the U.S., but the country's CUs actually lost members during Q4 of 2010.
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WASHINGTON-Before delegates at the 2011 CUNA Governmental Affairs Conference headed to Capitol Hill to speak with legislators, Credit Union Journal asked CEOs what they would be speaking with elected officials about-and if they believe the country's leaders will pay attention.
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WASHINGTON-The name of Chesley Sullenberger entered America's and the world's awareness on Jan. 15, 2009. But the skills and talents that made "Sully" so famous were learned much earlier than that.
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WASHINGTON-During a breakfast meeting of the Global Women's Leadership Network here, the group's members were challenged to "double" the level of participation by 2012.
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BILOXI, Miss.-Keesler FCU is adding 300 more products and services a month since adding online account opening, according to the CU that credits not only the technology but how the new tool is deployed.
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