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By David Morrison |
November 21, 2012
A new report from the Center for Financial Services Innovation suggests that products and services marketed to unbanked and underbanked consumers could represent a huge and growing market for the nation’s credit unions.
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By David Morrison |
September 17, 2012
Even though affinity card issuing may have a become a more difficult regulatory and economic challenge, some credit unions have begun to find payments success by launching affinity card rewards programs, credit union card executives report.
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By Natasha Chilingerian |
January 9, 2012
The year 2011 was one of growth and change for credit unions. Many CUs announced positive news, such as asset growth, improved loan performance and large bonus dividend payouts. The Bank Transfer Day movement increased membership numbers for CUs, and many CU newcomers are in their 20s and 30s. As...
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By Claude R. Marx |
January 9, 2012
President Obama circumvented Senate Republicans and made a recess appointment of Richard Cordray to run the Consumer Financial Protection Bureau. In making the appointment he explained that we “shouldn’t be weakening oversight and accountability, we should be strengthening it–especially when it comes to looking out for families."
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By David Morrison |
October 17, 2011
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.
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By David Morrison |
October 10, 2011
Wisconsin CU assumes 4,200 mortgages worth $600 million as FDIC moves to shut down Minnesota-based The RiverBank.
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By David Morrison |
August 24, 2011
Should CUs join a retreat from reverse mortgages or continue offering the loans aimed at seniors?
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By David Morrison |
August 19, 2011
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
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June 27, 2011
Consumers have a new tool in their tool belt today: the mouse. Today’s consumers are using the Internet to find information, obtain advice and buy products at an increasing pace. Though face-to-face customer interaction and phone calls are not going away, they’re no longer enough. To stay relevant to your...
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By Terry Jones |
June 21, 2011
Consumers have a new tool in their tool belt today: the mouse. Today’s consumers are using the Internet to find information, obtain advice and buy products at an increasing pace.