The $1.2 billion Numerica Credit Union in Spokane, Wash., is now using an automated software program to help jump into commercial and industrial lending, an area of untapped potential for many credit unions, the credit union said.
Larry Rouse, the IT manager at 121 Financial in Jacksonville, Fla., said the $428 million 37,200-member credit union took a big step forward last summer when it installed the cutting-edge Bloxx Tru-View Web filtering solution.
A growing number of credit unions nationwide are prepared to help members navigate financial hardship caused by sharp federal budget cuts.
South Carolina credit union offers unsecured personal loans, no-penalty CD withdrawals if budget cuts, furloughs occur.
Minnesota credit union pays back $535,000 to members $5 to $800 at a time.
Suburban D.C. credit union joins others offering help if sequester occurs.
Montana credit union kicks off second year of board mentoring, community service program for local high school.
Utah test follows trial at walk-up ATMs at Montana credit union.
Pennsylvania credit union with Army ties readies for sequestration.