A 37% decline in the numbers of both credit unions and banks indicates that too much regulation may be taking its toll.
Credit unions that want to really succeed at working with low-income members and communities need to embrace doing it, advocates suggested.
Can credit unions adjust to fewer middle-class earners?
The $151 million Members First Credit Union in Manchester, N.H., hired Terry Wiegelman as vice president of marketing and sales and Matt Halfmann as branch manager. Wiegelman holds 15 years of experience in credit union marketing and previously worked at the $334 million Granite State Credit Union, also in Manchester,...
The $78 million Alternatives Federal Credit Union in Ithaca, N.Y., plans to convert to the Symitar Episys core processing system through the service bureau at Synergent Technology Services of Portland, Maine, the company said.
The $78 million Ithaca, N.Y., credit union to convert to Symitar through the service bureau at Synergent Technology Services of Portland, Maine.
For Starbucks Chairman/ CEO Howard Schultz, “waiting for Washington” to come up with tangible plans to generate more jobs is not a likely course of action these days.
Fourteen credit unions and organizations that work with credit unions received $1.5 million each from the latest round of awards from the U.S. Treasury's Community Development Financial Institutions Fund. Their totals were part of more $28 million that went to 27 credit unions and supporting organizations.
A community development banking listserv with more than 4,000 subscribers has a new manager as its founder moves to the NCUA.
Does a payday loan alternative program have to be unprofitable to be good for members?