After launching investment services five years ago, the $1.2B Gesa has $44M in assets under management.
Traditional offerings such as investment and insurance programs are helping credit unions fill revenue voids.
Two credit unions currently offering jumbo mortgage loans said they will still provide them, despite large banks in their markets beginning to aggressively price similar offerings.
One credit union cuts rates to compete, another explains why not.
Watertown, N.Y., credit union goes with INVEST Financial Corp.
Most members don't trust financial advisers at their credit unions because they may not know they can get quality investment advice at their local cooperatives.
After almost 10 years covering credit union news, sometimes it seems the same topics come up over and over. Not this week, as new industry issues graced the front page of our paper.
Washington shutdown, risk-based capital, financial advisers all new topics of interest this week.
That’s one of the findings from a study from research firm Kehrer Saltzman & Associates, which was sponsored by CUNA Brokerage Services Inc.
Credit union-affiliated households hold one-half of all personal financial assets in the U.S., and the industry has a reputation for being a trusted financial services provider.