Credit unions need a few more ingredients than just social networking to reach and connect with Gen Y.
The NCUA recently clamped down on federal credit union payday alternatives after charges surfaced that some credit unions were no better than payday lenders.
When retail corporates officially told members how badly U.S. Central's second-quarter losses had damaged their own capital coffers, they received little response.
Following complaints from a prominent consumer organization and other groups, the NCUA recently spelled out limits on alternative payday loan products that federal credit unions can offer.
U.S. Central Federal Credit Union's second-quarter financials revealed additional other-than-temporary-impairment charges totaling $537 million.
The news contained in June 30 financials released by Members United Corporate Federal Credit Union and Southwest Corporate Federal Credit Union was quickly trumped by U.S. Central's announced June losses,
Nonagency mortgage-backed securities were primarily responsible for a $538.3 million net loss reported by the $19 billion Western Corporate Federal Credit Union for the month of June.
Despite the lobbying efforts of CUNA and NAFCU and voting mostly along party lines,
Revenues from shared-branching arrangements are among the items subject to the unrelated business income tax, according to an IRS technical advice memorandum.
Some credit unions are considering selling their credit card portfolios to meet income and balance sheet pressures.
A combination of the economic downturn and a changing real estate market has led $7.5 billion The Golden 1 Credit Union to start offering mortgages eligible for insurance from the Federal Housing Authority.
ALEXANDRIA, Va. -- NCUA Vice Chairman Rodney Hood, who will leave the board upon confirmation of NCUA Chair-Nominee Debbie Matz after serving since November 2005,
Six former credit union employees have been banned by the NCUA from participating in the affairs of any federally insured financial institution.
The National Cooperative Business Association confirmed that the general profile of cooperatives has risen significantly as part of the ongoing debate over health care reform.
Pacific Service Credit Union has continued to give this year despite the economic conditions.
Is your credit union making the most of meeting members' financial literacy needs?
When a recent seminar hosted by Power Financial Credit Union for first-time home buyers produced a standing-room only crowd,
In order to educate students about good financial practices Nassau Educators Federal Credit Union took steps to first educate teachers.
CUNA Mutual has a new executive vice president/chief financial officer, Jerry Pavelich.
In a strange twist of accounting fate, U.S. Central Federal Credit Union's majority stake in the Central Liquidity Facility was negatively affecting the CLF's ability to borrow and could have affected
Vantage Credit Union recently held a putt-off in place of its annual golf tournament to help raise scholarship funds for area high school students.
Secure links to an FTP site are helping a young CUSO handle $1.5 million to $2 million a day in approved applications for student loans that credit unions can then keep on their own books.
Fiserv Inc. is now 25 years old.
Integrated Lending Technologies will be integrating the AppOne document management solution for lenders with its dealer indirect lending and leasing origination platform.
Express Credit Union in Seattle said it will be able to better serve its expanded base of low- to moderate-income membership now that it has upgraded to Open Solutions' flagship core processing platform.
The credit union industry generally has been treated by the mainstream press as the knights in shining armor relative to the banking villains when it comes to overdraft protection.
Desert Schools Federal Credit Union, Phoenix, awarded one $10,000 scholarship
Your recent article (cutimes.com, July 31) about our payday loan alternative gave readers a less-than-flattering impression. I feel compelled to respond.
I read your article about auto starter interruption devices in the July 8 issue of the Credit Union Times and assume this is a paid advertisement.
You are responsible for your credit union's information security, and as you pull into work you notice a news crew standing outside the building.
Online banking continues to grow in popularity. The convenience that a member has of being able to handle their finances from the comfort of their own home at any time. Yet more than 2,700 credit unions do not offer online banking to their members.
Stanford Federal Credit Union turned to technology to tackle the problem of retaining its college student members after they graduate.
Nearly every credit union has invested in youth marketing.
At Addison Avenue Federal Credit Union, improving the member experience means exploring every possible electronic channel.
Dupaco Community Credit Union has created an employee task force to create new and innovative ways to tackle the Gen Y issue.
It may be time to rethink those assumptions about teenagers.
Franklin Mint Federal Credit Union, Broomall, Pa., announced that Marc Ernest has assumed the role of vice president for the Chester County area.
The results from the latest Credit Union Times voting poll showed that credit unions are using a combination of different approaches to deal with the economy and the NCUIF premiums.