From rings of alleged thieves working together with an auto dealership and a police officer to get loans to buy cars to an equity skimming scheme used to buy luxury items, over the past few months, credit unions have been bilked in cases that end up costing millions of dollars...
Tower Federal Credit Union in Laurel, Md., handles $70 million in HARP loan applications since March, 70% of from members with loans with other lenders.
Three students are being given the opportunity to run an in-school branch at Como Park High School in St. Paul, Minn.
The $1.8 billion MCU said it now has 16 branches throughout the five boroughs, Westchester and Long Island.
CEO praises marketing that draws members away from branches.
LenderLive Network Inc. said the $8.4 billion, 274,000-member Alliant Credit Union in Chicago will be using the Denver company’s technology and mortgage services.
Corelation to provide round-the-clock service.
The fast-paced era of instantaneous information created by the Internet, social media and smartphones has resulted in a significant change in the manner in which people process information. And new research suggests that credit unions may want to rethink their approaches to financial education in looking for ways to connect...
Taking a gaming approach to personal financial management may be serious business, Filene thinkers think. Get the story now from next week's print edition.
According to Biz2Credit’s Small Business Lending Index, the June loan approval rate of credit unions fell to 55.8%, down from 57.6% in May.