Credit Union Times Magazine May 28, 2014

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Briefs

  • Auto Lending Hits 13-Year High

    For the first time in 13 years, credit unions have grown their auto loan portfolios past the high of 12.9% annual growth that occurred in March 2001.

  • Two Mergers Announced in Texas

    Four credit unions in the Houston area are now two.

  • NCUA Training Tab: $1.9 Million

    The NCUA training conference in Jacksonville, Fla., cost $1.9 million, about $175,000 less than originally budgeted, the agency announced on May 21.

  • Lafayette FCU Members Turn Back Dissidents

    Young members of the $381 million Lafayette Federal Credit Union who organized an effort to win two board seats failed to do so but suggested they would keep on working for change in the Kensington, Md., institution.

  • New Yorkers Can Claim Refunds

    New Yorkers can now file claims for more than $20 million in refunds for illegal interest they were charged on loans from Western Sky Financial and CashCall, the state's attorney general said last week.

People

  • People

    The $2.6 billion Northwest Federal Credit Union in Herndon, Va., hired Jeff Bentley as SVP of lending. Bentley has more than 25 years of financial services experience. He succeeds Colleen Daly, who retired in March. She began her career with Northwest Federal in 1984 as a teller. Daly also led...

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