They say everything is bigger in Texas, but one thing that wasn’t – the real estate boom and subsequent bust – has worked out for credit unions in a big way.
Callahan and Associates on Monday re-launched its 15 year-old website offering data and analysis, CreditUnions.com, with a focus on three new services.
Symitar said it will be converting the $886 million Andrews Federal Credit Union in Suitland, Md., to its core processing platform.
Callahan challenges industry to grow already-record 8% share to 20% by 2020; CUSO Mortgage Liquidity Solutions working on how.
The $886 million Andrews Federal Credit Union in Suitland, Md., converting to Symitar Episys core processing platform and running it in-house.
Rates still higher than at credit unions.
For the first time ever, credit unions have originated more than 8% of U.S. mortgages originated in any given three month period, according to an analyst with Callahan and Associates.
Mountain America Credit Union was honored recently with two awards from the U.S. Small Business Administration’s Utah District–the 2011 Lender of the Year and the 2011 Blaine Andrus Memorial Award.
It may be no surprise that the number of credit unions that have investments in CUSOs have grown over the last five years.
The $641 million Purdue Federal Credit Union reports that an affinity card that it issues on behalf of the Purdue Alumni Association is the leading driver for new CU membership.