There are two key medium- to long-term questions hovering over credit union mortgage lenders.
WASHINGTON -- They weren't wearing black hats, but when NCUA Chairman Debbie Matz and NASCUS Chairman Thomas Candon appeared before a Senate subcommittee last Wednesday, they had mostly bad news to convey.
Call it what you will. A service, a punishment or financial illiteracy. There is one thing that overdraft program debaters agreed on. Member usage of such programs should be monitored and controlled.
Credit unions won an early victory as the House Financial Services Committee voted to exempt credit unions
Major card issuers have cut cardholders credit lines, raised interest rates and hiked fees.
U.S. Central completed an offering of $4.0 billion in medium-term notes last week that are guaranteed by the NCUA's Temporary Corporate Credit Union Liquidity Guarantee Program.
CUNA and NAFCU have ironed out more differences in their positions and are closer toward coming up with a policy statement on allowing credit unions to seek additional capital.
Credit union trades are optimistic that cooperative institutions will win the right to issue secondary capital to investors.
After recent upswings of record growth, member business lending activity continues to slow down in large part because of the drag on the economy.
On a voice vote following minimal debate, the House last Tuesday approved a measure
A credit union that seeks to grow its mortgage lending program will almost certainly need to reach out to real estate professionals, according to a credit union that has built up strong relationships with Realtors.
Credit unions will be able to help credit-deprived businesses if the cap on member business lending were raised and if certain SBA lending programs were modified,
Two troubled Nevada credit unions, the $174 million WestStar Credit Union and the $157 million Cumorah Credit Union, have replaced their CEOs.
An entertainment center may face liquidation over bankruptcy protection weeks after Members 1st Federal Credit Union,
Illinois credit unions are heeding the call of State Treasurer Alexi Giannoulias to promote low-cost or free checking accounts to underserved minorities.
Indiana University will tour the state in November to share its economic forecast on what the nation could see in 2010.
The town of Dryden, N.Y., is hoping Alternatives Federal Credit Union's track record with individual development accounts will help create more small businesses here.
Getting an early start on International Credit Union Day, the Wisconsin Credit Union League was planning to run the annual promotion
Credit union managers in Galveston, Tex., are not even whispering the name "Ike" or "hurricane."
The Idaho Credit Union League is expanding its payroll processing business across the Northwest with a promotion now underway in four states.
Former NCUA Board Chairman Michael Fryzel was honored by the $1.3 billion Polish and Slavic Federal Credit Union
With much of the rest of the mortgage industry in disarray, the Federal Housing Administration has found itself occupying an expanded market niche.
The Connecticut Credit Union League is determined to help credit unions cope with a rising regulatory burden
News articles that ran last summer in Minnesota about "Lenders Gone Wild" helped prompt a state Senate hearing on safety and soundness.
Old Hickory Credit Union is seeking thousands of dollars stemming from an auto loan to former Tennessee Titan football player Steve McNair.
Avidiant Consulting Group is expanding its reach beyond start-ups, mid-cap companies and banks to include an area on the front burner for many credit unions: risk management.
With more than $2 billion in member business loans reviewed, CU Business Group LLC said it has reached another milestone.
SimpliFi, a new online financial planning tool offered by Alliant Credit Union, features "Sophie," a virtual adviser to walk members through the process.
Credit union board and staff travel restrictions has forced NACUSO to reschedule its business services alliance conference from this November to fall 2010.
A jury recently ruled in favor of IH Mississippi Valley Credit Union, deciding that the financial institution will not have to pay developers the $3.5 million they were seeking after the CU moved to foreclose a condo loan.
Workers' Credit Union announced that it has partnered with six other credit unions to provide private education loans to students of ITT Technical Institutes.
The last shoe to drop in the Hannaford Brothers card security breach might just help credit unions gradually improve their position on such breaches in the future.
CUNA Mutual Group announced that it is now offering an optional identity theft insurance program for credit union directors, officers and employees as part of its new management and professional liability insurance policy.
Southern New Hampshire University included credit unions in a series of Webinars on the economic downturn to find out how the financial institutions are managing to fare during the current banking crisis.
A little bit of Check 21 technology is helping North Island Financial Credit Union help one of its particularly special members help families get through some trying times.
The network minders at Open Solutions Canada are now using some sophisticated software
Fall. Time for football, cooler temperatures and budgeting and planning at the nation's credit unions.
Home prices may still be at the level they were six or more years ago, but the rate at which they are falling appears to be slowing.
Creating the Consumer Financial Protection Agency is bad policy; carving out for smaller institutions is even worse.
Callahan & Associates is kick starting its silver anniversary with the launch of a special edition 2010 Credit Union Directory
Some healthy credit unions have called on Sandler O'Neill to discuss the opportunity to add scale through merging with a troubled CU.
How cute and cuddly is social media for banking?
Tom Davis, NACUSO's president, speaks regularly on credit union sustainability through business networks and collaboration.
SAN DIEGO -- Credit unions have a narrow window of unprecedented opportunity to capture market share.
SAN DIEGO -- A functional document management system can reduce operational costs by 20% and improve employee productivity by 30%.
SAN DIEGO -- REALTORS Federal Credit Union President/CEO Tom Glatt made it clear he's in the market for participation loans,
SAN DIEGO -- New credit card regulations will banish 150 to 200 basis points of revenue compared to today's average account,
An article in the Oct. 7 issue about Fiserv Inc.'s new Acumen account processing platform