Sacramento's Heritage Community Credit Union said it is seeing more people strike out on their own to start new businesses.
Uncontrollable environmental factors such as stiff competition, low loan demand and regulatory changes have posed challenges for CUs looking to grow. But some are managing to do just that. Here’s how three credit unions, two in Oklahoma and one in Iowa, achieved growth in the midst of a recession.
Several of the state's credit unions are at or near the member business lending cap as measures move forward in Congress.
Gary Base led 2005 charter conversion through gauntlet set by NCUA.
Delta Community Credit Union wants members to know that their credit union is "Where Life Comes Together."
Advantis Credit Union, Portland, Ore., helped address the Portland area's need for nonperishable, high-protein foods for hungry families and children. The credit union raised $7,300 in cash contributions and encouraged
Not only has the iPad topped Oprah's list of Favorite Things, but in 2011 it may begin to gain popularity among CUs.
Alliant Credit Union, Chicago, participated in the 2010 Plane Pull to benefit Special Olympics Illinois, held at O'Hare International Airport.
Telesis Community Credit Union in Chatsworth, Calif. is continuing its recovery efforts on several out of state commercial real estate property loans that are in default.
West Community Credit Union has partnered with the Missouri Linked Deposit Program, a state plan that aims to provide low-interest loans for job creation and retention.