When the tiny Saguache County Credit Union, plagued by losses for several years, was finally liquidated last spring, its 3,185 members faced not having another financial institution in the area to serve them.
A three-judge federal appeals panel has ruled that credit unions do not have to pay their mortgage loan officers overtime – at least for now.
This preview from our July 10 print edition looks at credit union industry preparations to offer members insurance under Obamacare.
A credit union that shares leadership with the Illinois Credit Union League is issuing a credit card that consumer advocates have condemned as a consumer unfriendly, “fee-harvesting” card.
Wells Fargo, Bank of America, Citigroup among those accused of notification failures, sending inaccurate information.
Cards issued have APRs of 29.99%.
Illinois Credit Union League President/CEO Dan Plauda will be retiring June 30, 2014, after 37 years of service to the credit union movement.
Idaho leads in loans outstanding and Oklahoma in loan growth in March-March numbers out Tuesday from NCUA.
Credit reporting agencies and the ability to filter complaints by state also added to bureau offering.
Credit Union 24 has shortened its name to CU24 but broadened its vision of what it can offer an already crowded payments market.