Even as the housing markets in many areas struggle and decline in the face of ongoing high unemployment, some credit unions have continued to offer mortgages for some of the biggest residential sales.
The NCUA's handling of the corporate credit union crisis will be among the credit union-related topics that the House and Senate banking panels plan to deal with during the next two years.
The former chair of the NCUA, JoAnn Johnson, is going back to supervising credit unions. Johnson was named last week by Iowa Gov. Terry Branstad as the state's new superintendent in the Iowa Division of Credit Unions.
A new name, a new home, and a new deal. All of that now appears to be coming out of the combination of Georgia Corporate with Southwest Bridge.
ARLINGTON, Va. -- There won't be a double dip recession, but the short-term outlook is for modest growth, the top economists of CUNA and NAFCU said.
When Navy Federal Credit Union launched its auto buying program, it was important to have a component that would arm members with information that would help them avoid getting into upside-down deals or paying for unnecessary services.
Working through the large volume of troubled commercial real estate loans will take time as banks go through the difficult process of loan workouts and loan restructurings.
In a Corporate Credit Union Guidance Letter dated Feb. 8 signed by Scott A. Hunt, director of the Office of Corporate Credit Unions, the NCUA left no uncertainty about its intent to show the way forward for corporate CUs.
Visa blamed debit interchange as the reason for continuing to delay the adoption of credit cards with embedded chips in the U.S.
Allowing members in good standing to skip a loan payment during the holiday season can provide them with an extra financial cushion to help cover their expenses.
CUNA Mutual's decision to diversify helped the credit union insurance giant increase its net income year over year despite the poor economic times.
With financial institutions scrambling to find new revenue streams, a new Aite report identifies the 10 trends that will help.
A contest sponsored by the National Credit Union Foundation's REAL Solutions program has brought five examples of the credit union philosophy in action to light.
The National Federation of Community Development Credit Unions is investigating whether and how it could use a federal bond program to help CDCUs boost their secondary capital by possibly millions of dollars.
After several months of talks, the $200 million Heritage Credit Union of Madison, Wis., has merged with the $50 million A-B CU of Milwaukee.
Sperry Associates Federal Credit Union has named James Duffett its new president/CEO.
South Carolina Federal Credit Union is helping members do more good in their local communities.
The $7 billion Alliant Credit Union of Chicago last week completed the merger of the once-ailing $170 million Continental FCU of Tempe, Ariz.
Credit union marketers, it's time once again for the CUES Golden Mirror Awards.
Former APCO Employees Credit Union Vice President Merrill Mann has been promoted to president/CEO.
NACS, the Association for Convenience and Petroleum Retailing, has urged its members to write the Federal Reserve in support of its cap on debit card interchange.
First Premier Bancard, the sister card-issuing organization to Sioux Falls, S.D.-based First Premier Bank, is charging an annual percentage rate of 59% on cards aimed at consumers with lower credit scores.
Card Services for Credit Unions has unveiled a new Web tool designed to give credit unions better access to some tools to help them better market their credit cards.
ATM manufacturer NCR already gets 75% of its earnings from international sales, and the firm said it has put together a sales team to both sustain and grow that market.
Now members of credit unions that are members of the Allpoint Network will have access to surcharge-free ATMs while traveling in Mexico.
An executive with the Independent Community Bankers Association authored an opinion piece in the Feb. 7 Washington Post decrying the debit interchange cap.
Perusing websites and even Twitter trying for an idea for this column, two things struck me.
We have 21 branches, and we think we have a very successful robbery prevention program. The article regarding three repeat robberies at the same branch was unfortunate [Jan. 26, page 1].
I read the Editor's Column ("CUs Deserve a Complete Capital Restructuring") in the Jan. 26 issue and could not agree more.
Many credit unions are helping consumers make the best of these lean times.
Outsourcing is all the rage in the federal government these days
In the many years that I've been involved with this industry, we have always been interested in helping credit unions improve their cross selling capabilities.
Sometimes credit unions can assume the benefits of their products and services-including credit cards-are completely obvious to their members.
If considered only in a glance, credit union card programs seem extrem