Members of the $314 million Neighborhood Credit Union who experience a reduction in their income can now temporarily walk away from their auto loan.
To meet the insurance needs of its members, Hanscom Federal Credit Union has opened its own insurance agency.
The number of affluent who turn to their credit union or bank for their investment and insurance needs is low, according to a Prudential Financial study.
Members of Hanscom Federal Credit Union will have another resource to turn for their insurance needs.
Through a new partnership with CUSO Financial Services LP, Coastal Federal Credit Union is looking to build on its investment program that’s been in place for more than a decade.
Battle Creek, Mich., credit union offers multiple products.
Another credit union announced last week that it was taking a step in the direction of removing tellers from its branches.
When the NCUA issues its proposed regulation of credit union service organizations on July 21, it will be an attempt by the agency to keep a closer eye on organizations whose role has grown and therefore expose credit unions to greater risk.
A death sentence for credit unions? An impetus to change the business model? Depends on who you ask.