Action from the California State regulator marks recession closure for the $246M San Diego Metropolitan Credit Union.
The payment processor's monthly SpendTrend report said despite the dip, overall spending remains healthy.
Those who hope their twenty-something offspring will eventually move out on their own probably shouldn’t read "Average Is Over", a new economic book by Tyler Cowen.
Las Vegas credit union pares 2012 losses to $670,000 with three consecutive positive quarters.
LAS VEGAS — The stated theme of this year’s California/Nevada Credit Union Leagues’ annual meeting was “right here, right now”—but the sense in the halls of the Mirage where the event was held was more poignant. That sense was simply that the credit unions in these two states, both devastated...
Washington credit unions took a hit to capital during the corporate credit union and financial crisis like everyone else, but it hit them harder because they had lower aggregate capital to begin with. Thankfully, the aptly named Evergreen State credit unions also have return on assets that has remained higher...
Oklahoma’s credit unions face challenges that sound pretty familiar throughout the industry: compliance burdens, low investment returns, corporate assessments and a lackluster economy. But thankfully for credit unions in the Sooner State, the highs and lows of the real estate market experienced in other states isn’t part of that mix.
When comparing Nevada credit unions’ key financial indicators against other states as of June 30, the results aren’t good. Nevada’s 0.40% return on average assets, 2.5% loan delinquency and negative 11% loan growth are among the worst performance numbers in the country. However, compared with two years ago, those numbers...
The NCUA’s 2011 Annual Report, posted Tuesday on the regulator’s website, details an agency and industry steadily recovering from the recession.
MAUI, Hawaii — After three long years, the U.S. gross domestic product has returned to early 2008 levels, but according to Byron Gangnes, University of Hawaii economics department chair, it’s still not where it should be.