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January 9, 2012
Back in 1908, when Monsignor Pierre Hevey was setting up America’s first modern-day credit union in his Manchester, N.H. home, he probably wasn't concerned with delinquencies and charge-offs. As the founders of the modern American credit union, Hevey and his team focused on services important to his parishioners at the...
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By David Morrison |
January 9, 2012
Despite the U.S. housing finance market ongoing uncertainty, three credit union mortgage executives painted a largely positive outlook for 2012.
Credit Union Times asked their thoughts on what the industry can expect as well as what the mortgage lending expectations in are in local markets.
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By Pete Sekul |
October 3, 2011
Never has has so much emphasis been put on risk concentrations. There is no need to wonder why.
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By Pete Sekul |
October 3, 2011
Never in the history of the credit union industry has so much emphasis been put on risk concentrations. There is no need to wonder why. High concentrations of certain risks are a major cause of credit union failures.
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By Natasha Chilingerian |
September 14, 2011
When UniWyo Federal Credit Union learned that its members, many of whom are college students, liked to manage their money online using sites like Mint.com, the credit union took matters into its own hands.
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By Michelle A. Samaad |
April 7, 2011
The $1.1 billion Associated Credit Union in suburban Atlanta is among the latest to offer a loan product to federal employees should the government shut down Saturday.
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By Myriam DiGiovanni |
March 18, 2011
Raleigh, N.C.-based State Employees' Credit Union is ready to roll out its improved Estate Planning Essentials Program to members statewide.
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By David Morrison |
February 16, 2011
Even as the housing markets in many areas struggle and decline in the face of ongoing high unemployment, some credit unions have continued to offer mortgages for some of the biggest residential sales.
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By David Morrison |
February 1, 2011
Proving that every cloud has some silver linings, the $1.4 billion Technology Credit Union, headquartered in San Jose, Calif., announced that it has jumbo home mortgage loans available.
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By Jim Rubenstein |
January 14, 2011
Managers at the $716 million Fort Worth Credit Union learned a thing or two over the Christmas holidays about tweaking a loan product that had a long shelf life. The result: a whopping 400% increase in loan volume in two years.
