Whether a mid-sized credit union in Colorado or a billion dollar credit union in Philadelphia, the messaging about protecting small town financial services surfaced again last week.
Philadelphia’s $1.4 billion TruMark Financial Credit Union has agreed to take over the distressed $1.5 million Kenrick FCU in suburban Wynnewood.
Superior FCU in Lima using Mortgagebot tools to help gain 25% market share.
The Credit Union Foundation of the Dakotas announced that it has grants available to community organizations and credit unions affiliated with the Credit Union Association of the Dakotas.
The Credit Union League of Connecticut said 40 credit unions participated in its 2011 Sprint Discount Program, sharing savings of mor ethan $78,000.
Longtime customers of Thrivent Financial Bank, an Appleton, Wis.-based bank with credit union roots, may experience confusion and feelings of déjà vu in the coming months as the bank returns to being a credit union.
Credit union leaders have not said much about the news that Thrivent Financial for Lutherans is narrowing the business focus of its subsidiary Thrivent Financial Bank and launching a credit union for the bank's retail business.
Utah First FCU's Darin Moody says impact of losing corporate needs to be considered at meeting with bankers and San Francisco Fed next week.
The 135,000-member Royal Credit Union has purchased the mortgage servicing rights to $600 million in mortgage loans from a local bank that the FDIC subsequently took over and sold to another bank.
While credit union membership in London has grown more than 90% since 2005, there are concerns that reaching more low- and moderate-income residents who really need affordable financial services has been inadequate.