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Credit union mortgage lending may be slowing, even as more millennials -- about 33% of whom purchased their first home out of the desire to have a better space or yard for a dog -- enter the market.
July 27 -
The U.S. population is aging, and one of the well-established components of the American dream — buying and owning a home — appears poised to aid in the baby boomers next phase of life.
July 27
Buckley Sandler LLP -
20 Minnesota credit unions now offer the program, members have put $3.5 million in 5,000 accounts.
July 26 -
Honors, accolades and giving back.
July 26 -
Brandon Riechers has been with RCU since 1996, has served as EVP/CLO since 2012.
July 26 -
Great service is important, but in the changing financial services landscape, credit unions aren’t likely to get top-of-wallet status from members without a digital payments strategy.
July 26 -
As real estate loans continue to be a key product, CUs are investing in personnel focused on these offerings.
July 25 -
Irish League of CUs President Brian McCrory formally succeeded Daniel Burns as chair of the World Council of Credit Unions board.
July 25 -
Varo Money, an app designed for people who want to exclusively bank on their cell phones, announced Tuesday that it has filed formal applications for a national bank charter, adding another credit union competitor to the banking landscape.
July 25 -
A controversial move to stop Canadian CUs from using the words “bank” and “banking” has rallied the movement there, but U.S. institutions are left wondering if such a move could happen here, particularly in light of some recent states’ measures.
July 25 -
More and more FIs are adding videoconferencing at branches, but consumers might prefer to video-chat from their phones. Unlike with mobile banking, shirts and pants will likely be required.
July 24 -
Encouraging young readers, offering financial literacy training, helping graduates pursue higher education and other ways credit unions are helping educate the next generation.
July 24 -
The award was given as part of WOCCU's annual conference, taking place this year in Vienna.
July 24 -
From grants for nonprofits to partnerships benefiting local children's hospitals, here's another look at how credit unions are giving back to the communities they serve.
July 21 -
ClearChoice cited "increasing competitive pressure" as the reason for the merger of the two Philadelphia-area institutions.
July 21 -
Various departments will be realigned or consolidated and staff will shrink by attrition in the agency’s first large-scale restructuring since 2003.
July 21 -
PSECU, based in the capital of the Keystone State, is set to convert to Corelation's KeyStone platform.
July 21 -
After having insisted many times that it couldn't begin returning funds to CUs until 2021, the agency may have found a way to start making payments as early as 2018.
July 20 -
Distribution based on deposit, loan relationships with the credit union in the first half of 2017.
July 20 -
Credit unions in both states continue to meet or beat their national average in a variety of growth metrics, according to the League of Southeastern CUs.
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