WASHINGTON -- A coalition of consumer and financial activist groups has denounced a bank's announcement that it will use some of the funds it
MADISON, Wis. -- A new Filene Research Institute study conducted by a New York university marketing and public policy professor has reopened the hotly debated national branding issue with special attention on attitudes toward individual CU branding.
HOBOKEN, N.J. -- Credit unions are leading a savings revolution courtesy of Filene Research Institute's i3 team.
COLUMBIA, S.C. -- In a state with an unemployment rate running as high as 14%, credit unions stepped up their financial counseling programs at year-end as they also searched out new ways to ease member pain on auto, mortgage and consumer loans.
CENTENNIAL, Colo. -- In a year when vehicle sales dropped and auto lenders stopped lending, indirect auto lending CUSO CU Direct Connect saw a 54.7% increase in its auto loans.
TAMPA, Fla. -- For its innovation with exchange-traded funds, MEMBERS Trust Co. is the only credit union entity to earn a listing in Barclays Global Investors iShares' inaugural ETF Managed Solutions Guide.
MADISON, Wis. -- Here's a lesson to be learned from last September's Hurricane Ike:
WARNER ROBINS, Ga. -- Robins Federal Credit Union has found its new leader from within.
MOON TOWNSHIP, Pa. -- Early this year Keystone Lending Alliance will begin offering indirect auto lending services to Southwest Pennsylvania-area credit unions.
ST. PAUL, Minn. -- The Minnesota Credit Union Network recently launched a statewide fraud prevention campaign aimed at educating the public on how to recognize and report scams.
RALEIGH, N.C. -- State Employees' Credit Union announced plans to increase its student loan funding in
HONOLULU -- Aloha Federal Credit Union has moved forward with a new image nine months after its 56-year-old sponsor, Aloha Airlines, shut down for good.
DALLAS -- Despite investment losses and budget cuts within the corporate system, Southwest Corporate Federal Credit Union is instead expanding its 2009 training schedule.
DURHAM, N.C. -- Latino Community Credit Union earned an innovation grant from the NCUF to promote savings to its underserved members.
LENEXA, Kan. -- Members of the $36 billion U.S. Central Federal Credit Union not only participated in the aggregate's Dec. 31 conversion of $450 million in membership capital shares to paid-in capital (PIC-II),
WASHINGTON -- A federal judge has delayed the trial of Bellco Credit Union's lawsuit against the IRS over $199,000 in unrelated business income taxes paid.
WASHINGTON -- In light of increased skepticism toward deregulation, credit union lobbyists say they will repackage some of their legislative priorities in separate bills.
LANSING, Mich. -- Based on early sales success in dealer showrooms, two of the Big Three automakers, General Motors and Chrysler last week expanded the credit union-based Invest in America auto financing program nationwide.
MADISON, Wis. -- Credit unions were feeling good about their increasing mortgage market share, but the product has started losing its spread.
WASHINGTON -- Bowing to the pressures that come with a recession, CUNA has laid off eight employees and eliminated merit increases for senior staff members.
WASHINGTON -- The Central Liquidity Facility's new Credit Union System Investment Program and Credit Union Homeowners Affordability Relief Program are off and running,
RICHARDSON, Texas -- David Addison has announced that he will resign as president/CEO of Texans Credit Union on Jan. 31, leaving behind a $29 million loss in 2008 tied in large part to a collapse in comm- ercial lending.
WASHINGTON -- The Center For Responsible Lending, a subsidiary of the $301 million Self-Help Credit Union and a significant participant in the nationwide debate over payday lending and other loan practices,
BELLEVUE, Wash. -- Deciding which credit union partnerships to keep and which to end has been a difficult process, online broker ShareBuilder Corp. acknowledged.
ARLINGTON, Va. -- Executives with card processors, CUSOs and card consultancies agreed that credit union issued credit cards and debit cards will continue to perform strongly in 2009, despite the overall troubled economy.
WASHINGTON -- A legal settlement between a federal regulator and a company that specializes in issuing credit cards into the subprime market has offered a glimpse into some of the competition CUs face.
NAPLES, Fla. -- A majority of participants in a self-described informal online survey conducted by CardTrak.com say they saw their credit card interest rates rise in 2008 and many others have reported a variety of other changes in their cards.
ARLINGTON, Va. -- Credit unions tailoring their ATM strategies to meet specific member needs, increasing their use of ATM networking and potentially struggling with mandated ATM technology upgrades will likely serve as key ATM strategies in 2009.
SAN FRANCISCO -- In yet another sign of American's changing emphasis from spending to saving, a survey from Visa indicates that more American consumers are saving for possible emergencies than for any other reason.
WASHINGTON -- Having a single, independent regulator to oversee credit unions, banks and investment firms "may make sense" given the connections between financial markets, Securities and Exchange Commissioner Luis Aguilar recently said.
Thirteen million unemployed. Automobile production decimated. An 80% reduction in home building. Daily news of failing banks and investment funds. The descriptions sound familiar, but the year is 1932.
Auto loans have been the credit union industry's bread and butter business since their origins, and financing a new car or truck has long been a part of the
Although most credit unions experienced positive returns on their credit card portfolios in 2008, today's uncertain economic conditions warrant a review of risk management policies.
At the thoughtful and timely suggestion of Mark Meyer, executive director/CEO of the Filene Research Institute, I reviewed President Franklin Delano Roosevelt's inauguration speech. The words crafted in the early 1930s
A year or two ago, Billy Crystal fulfilled a childhood dream when he signed a one-day contract to play for the New York Yankees. Imagine the excitement of coming to the plate, the awe of standing in the same batter's box
Oceanside Christopher Federal Credit Union, Oceanside, N.Y., announced that Eva Casale was hired as the vice president of technology.
Corporate Central Credit Union, Muskego, Wis., approved a $600,000 patronage refund for 2008. The refund is the largest payout the corporate has ever had.