Credit unions absolutely can and should make mortgage loans, according to a longtime CU executive, but in order to do so they need to get serious about the product.
From the halls of the Treasury Department to town meetings in the states, credit unions and their allies began the last
The Obama administration put its support behind raising the cap on member business loans to as much as 27.5% assets in writing,
The industry furor over the interchange amendment passed by the Senate and sponsored by Majority Whip Richard Durbin (D-Ill.), marked by a no-holds-barred grassroots campaign,
Conventional wisdom says mortgage-issuing credit unions, like the rest of the mortgage industry, will see a downturn this year.
The boards of the $3.5 billion Kinecta FCU and $1.2 billion NuVision FCU have announced their intent to merge.
The $600 million Franklin Mint Federal Credit Union of Broomall, Pa., announced last week an agreement in principle to merge the $52 million
The $190 million Self-Help Federal Credit Union of Oakland, Calif., has extended its aid to struggling, low income CUs by completing its fifth Bay Area merger in just under two years.
The $80 million Shreveport Federal Credit Union, a member of the National Federation of Community Development Credit Unions,
The $171 million Pelican State Credit Union said last week it expects to merge July 1 with the $1.9 million Lake Charles Telco CU
Linda Williams, president/CEO of the $20 million Akron Firefighters Credit Union in Ohio,
NCUA announced June 2 it has extended the expiration date of NCUA's Temporary Corporate Credit Union Share Guarantee Program another quarter, from June 30, 2012 to Sept. 30, 2012.
Credit unions would have to book their loans at their current value on their balance sheets under proposed rules issued by the Financial Accounting Standards Board.
Montana's largest credit union will be converting to the Symitar Episys core processing platform.
American consumers put credit unions atop the list of financial services providers they're likely to recommend,
For years, credit unions have urged members to regularly review their accounts in order to avoid overdrafts and quickly spot questionable transactions.
For its lending efforts, the SBA has once again named Redstone Federal Credit Union Alabama's lender of the year.
Women now pay bills online as much as men, one of several demographic shifts noted in the latest online banking and bill pay survey conducted for Fiserv Inc.
According to CUNA Mutual Group's May "Credit Union Trends Report," member business loans continued to be the front runner as total loans were down 1.5% year to date.
Gateway Services Group, a solutions provider CUSO, will host a series of free Webinars on best practices within a credit union's investment, insurance and trust departments.
Another former official of U.S. Mortgage Corp., the parent firm of CU National Mortgage,
Compared to first quarter data over the past four years, growth may have reached its peak for the industry even though savings at credit unions were up 2.2% year-to-date to $787 billion.
Proposed new regulations on mergers and mutual bank conversions encroach on state autonomy,
Applications for BlackBerrys, iPhones and Android smart phones are among the features of the new mobile banking platform from Wescom Resources Group.
Fraudsters, who work day and night to steal identities, credit card information and any other online credentials they can monetize
Interchange remains the topic du jour. Many pieces of this issue are puzzling, not the least of which is the process in which it came about. Namely, there wasn't one.
WESCO Net and CU*Answers said they have successfully tested a new disaster recovery system for the online banking solution used by more than 100 credit union clients.
In the May 12 issue I read that Bill Cheney has been selected to become president/CEO of CUNA.
The stories we tell ourselves frame how we view the world, our place in it and how we respond to it. I call this internal viewpoint our myths,
Still sputtering despite the gradual economic recovery, the U.S. housing market's continued recovery appears dependent upon the return of consumer and investor confidence in concert
The nation's fourth largest mortgage lender wants to forge lending relationships with credit unions.
MAFCU Credit Union, Brookline, Mass., announced the naming of Martha Castillo as assistant branch manager.
Credit Union Executives Society, Madison, Wis., announced that Barbara Kachelski,