When a teacher sought relief as she struggled to make the $500 monthly payments on her Volvo, Carolina Cooperative Federal Credit Union felt it had just the solution she needed.
Wanting to help its members between the ages of 17-25 become more financially savvy, Pentagon Federal Credit Union and the PenFed Foundation have teamed up with MoneyU.
A new automated account opening and loan origination platform has resulted in a 30% jump in new accounts at the $1.9 billion Keesler Federal Credit Union in Biloxi, Miss.
As the temperatures across much of America rise to spring-like highs, many people turn their thoughts to planting and weeding their vegetable patch and cleaning and airing out their homes after a secluded winter.
The $3.7 billion Patelco Credit Union is determined to make the most out of its 75th anniversary and a headquarters relocation out of San Francisco by conducting a marketing blitz aimed at enlarging its Bay Area profile.
Wanting to help its members between the ages of 17 and 25 become more financially savvy, Pentagon Federal Credit Union and the PenFed Foundation have teamed up with MoneyU.
Keesler Federal Credit Union in Biloxi, Miss., said it has been opening about 30% more new accounts per months since its deployment of an automated system.
Hudson River Community Credit Union, Hudson Falls, N.Y., promoted Erika Williams to senior financial services officer at its Hudson Falls branch.
Net income and net worth increased at federally insured credit unions during the third quarter, but overall lending was flat and the rate of member bankruptcies increased over last year, according to data released last week by the NCUA.
Only three credit unions were recipients of Excellence in Lending awards this year in large part because of a rough lending atmosphere.