There are members who want to strike out on their own but just need a little start-up capital to get a small lawn care business going or market an electrical repair shop.
The 135,000-member Royal Credit Union has purchased the mortgage servicing rights to $600 million in mortgage loans from a local bank that the FDIC subsequently took over and sold to another bank.
The number of Americans using online personal financial management tools from their financial institutions is growing, and nearly half recently switched
More than one third of American adults now use online personal financial management (PFM) tools from their financial institutions and nearly half had switched banks or credit unions recently.
Read the complete transcript of an interview between Sarah Snell Cooke, editor-in-chief of Credit Union Times, and CUNA CEO Bill Cheney discussing his first 100 days in the position with links to video.
The GPO Federal Credit Union will administer a $650,000 government loan to renovate a stone mill built in 1839 to include tourism and business spaces.
As I write this, the entire credit union industry is jittery with anticipation regarding Friday, Sept. 24 with the corporate credit union regulation and legacy asset plan and possible execution of it.
A $650,000 government loan administered by the GPO Federal Credit Union will be used to renovate a stone mill built in 1839 to include tourism and business spaces.
The industry furor over the interchange amendment passed by the Senate and sponsored by Majority Whip Richard Durbin (D-Ill.), marked by a no-holds-barred grassroots campaign,
When it comes to the interchange battle, the national spin may be that banks and credit unions can cooperate to defeat the Durbin amendment, but if Texas is an example, that job may be easier said than done.