Chartering new credit unions requires commitment and effort, and regulatory burdens are a leading drawback.
Growing regulations make chartering a new credit union more difficult than in the past, CUANY says.
Thanks to the policies of the Federal Reserve, quantitative easing and both long- and short-term interest rate projections, Nick Perna is optimistic, although not enthusiastic, about U.S. economic growth over the next decade.
Alloya economist also says another period of low interest rates is possible.
CUANY will put New York first in its new name, provided members vote in favor of the rebranding.
The $5.6 billion Bethpage Federal Credit Union in Bethpage, N.Y., named Lynda Nicolino to the newly created position of corporate general counsel where her focus will be on government relations. Nicolino was general counsel and secretary of the Long Island Power Authority where she had worked for the past 15...
Read about the latest new hires, promotions, retirements and other career milestones in the credit union industry.
Read about new hires, promotions, retirements and board election results in the credit union industry.
Credit unions are spreading love for Valentine's Day with special loan offers, giveaways, social media campaigns, contests, and other promotions.
Credit unions are spreading love for Valentine's Day with special loan offers, giveaways, social media campaigns, contests and other promotions.