Unemployment, rising debt and financial uncertainty are continuing to change the perception of those who are using payday loans.
For the sixth consecutive year, CU Direct Corp. said it has paid a dividend to its credit union shareholders, this time one for $1.4 million.
AMOCO Federal Credit Union, Texas City, Texas, paid out approximately $1 million in bonus dividends and loan interest refunds to its membership.
A new backup center will soon be providing high availability and disaster recovery services for most of the client base of CU*Answers, the Michigan-based core processing operation said.
The growing demands of keeping up with outsourced services are helping to grow business at Passageways LLC, the company said.
The $800 million Workers' Credit Union of Fitchburg, Mass., said Friday it has promoted Douglas J. Petersen, its interim president/CEO, to permanent status.
The Pennsylvania Credit Union Association joined its Maryland counterpart on Tuesday in giving income back to its members.
A Maryland CUSO has partnered with a hosted applications specialist in California to offer a new suite of production IT offerings for credit unions.
Passageways LLC said the increased demands of keeping up with outsourced services are helping to drive adoption of its vendor management solution.