Snubbed by lenders, entrepreneurs are taking their pitches to the people.
They improve member service, speed up the loan process and comply with open-ended lending regulations.
International consulting and software firm buys Mortgage Cadence a year after it bought Prime Alliance Solutions.
Depending on who you talk to, the credit union business lending landscape could easily be a mix of record loan growth peppered with a drop in delinquent debt to an environment that is thriving better than what bank competitors are experiencing.
Bank Transfer Day, the November 2011 consumer driven effort to move money from large banks to credit unions or community banks, inspired the three finalists for this year’s CO-OP Financial Services THINK prize.
mFoundry, the mobile banking app specialist founded in 2004 that grew as rapidly as its space, has been sold to FIS.
Why mobile banking now is a “must have” for credit unions.
Cloud-based computing and e-signatures are the aspirin to the multi-featured open ended lending headache credit unions have been suffering from since the NCUA first issued the rules back in 2009, said John Levy, executive vice president and co-founder for Integrated Media Management, a Linden, N.J.-based technology vendor.
The 7,600-member, $75 million Puget Sound Cooperative Credit Union has continued to benefit from its decision to open a branch on a sparsely populated island off the coast of Washington State.
A Connecticut college campus became the setting for a spring version of last fall’s Bank Transfer Day in the past several days.