GTE Federal Credit Union is becoming GTE Financial, according to a mailer that just arrived in members’ mailboxes from the Tampa, Fla., credit union.
GTE Federal Credit Union, a $1.5 billion, Tampa, Fla.-based credit union, likes to keep things simple in its quest to grow loan activity, assets and net worth ratio, said Vice President of Member Consumer Lending Tina Narron.
Automated lending tools have helped the $1.5 billion GTE Federal Credit Union see an average increase of 83% in monthly lending volume in the second half of 2011.
The $1.5 billion GTE Federal Credit Union said it recorded an average increase of 83% in monthly lending volume in the second half of 2011.
The 177,000-member, $1.4 billion GTE Federal Credit Union faces a $51,000 fee from Fannie Mae because it only used foreclosure attorneys the government-backed mortgage giant approved and ordered it to use.
Fannie Mae imposes $51,000 fee for delays CU says it caused. Find out more in this article from the Feb. 8 print edition of Credit Union Times.
The National Credit Union Foundation has achieved one of its long-term fund raising goals, developing a mechanism that individuals can use to support NCUF programs.
Credit unions seeking higher profiles in their local communities are increasingly starting their own foundations as ways to do well by doing good.
Credit union members across the country face both the best and the worst in disclosure statements on their CU credit cards, according to survey of credit card disclosures conducted by a consumer and card media site.
Credit card disclosures from credit unions are among the most and least readable in the country, according to an analysis by a leading credit card website.