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By Heather Anderson |
April 24, 2013
As many as 30 credit unions in West Virginia and Ohio have been scrambling to establish new correspondent vendors after a regional and national bank terminated their accounts over the past few weeks.
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By Heather Anderson |
April 19, 2013
Reports of banks closing credit union correspondent relationships have extended to New York and New Jersey.
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By David Morrison |
December 19, 2012
For the first time ever, credit unions originated more than 8% of all U.S. mortgages originated in any given three month period, Callahan and Associates announced in May. The previous record had been just over 5%.
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By David Morrison |
December 18, 2012
Navy Federal wins in low interest card category; PenFed cited for best introductory rate.
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November 5, 2012
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By Eileen Courter |
July 22, 2012
As far as Bob Fisher, president/CEO of Grow Financial Federal Credit Union, is concerned, joining the Billionaires Club doesn’t mean you don’t need to stop growing. In fact, he believes growth is essential.
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January 16, 2012
Credit card portfolios have had a rough go at things the past couple of years.
Even with all the media attention on credit union credit cards in 2010, they grew just 2% that year. The previous five-year trend was an annual average growth rate of 10% to 12%.
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By Michelle A. Samaad |
January 16, 2012
While it may not be much of a surprise to credit unions that some banks are not eager to approve funding for small businesses these days, the rate of rejections might cause some alarm.
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By Jim Rubenstein |
January 9, 2012
In an unforeseen management shift, Benson Porter, president/CEO of the $5 billion First Tech Federal Credit Union of Palo Alto, Calif., will be taking over the $9.7 billion BECU of Tukwila, Wash., next April, succeeding retiring CEO Gary Oakland.
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By Michelle A. Samaad |
January 6, 2012
Report author says the "big banks are sitting on their assets."
