For the first time, credit unions have originated more than 8% of U.S. mortgages originated in any given three-month period, analyst says.
The Golden State’s credit unions may be nearing the end of their long journey to recovery. According to the California and Nevada Credit Union Leagues, California CUs made progress in 2011 in the areas of net income, net worth ratios, membership growth and loan performance.
Callahan & Associates named Omaha businessman Sean Hession as the new president/CEO of the analytical services and data provider. And the firm said it is “transitioning ownership of the company to its management team.”
Omaha businessman Sean Hession takes over as Washington, D.C., analysis, data firm "transitioning ownership" to management team.
Four online modules and recordings in series to begin in April.
Credit unions from Illinois, Wisconsin, California and Virginia lead their peer groups in outstanding credit card balances.
Consultant hired to lead search for permanent replacement for Chip Filson, chairman since January.
Credit unions have been making headway in loan origination growth year to date even though the loans coming off the books are moving faster in general.
Ask Joel Dahlgren how to build a bigger, more financially stable, better-capitalized credit union and this Minnesota lawyer’s advice is surprising: regularly give away capital to members.
Average loan balances fell slightly while the percentage of business loans against all loans continued a slight rise, Callahan data show.