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January 16, 2012
Credit card portfolios have had a rough go at things the past couple of years.
Even with all the media attention on credit union credit cards in 2010, they grew just 2% that year. The previous five-year trend was an annual average growth rate of 10% to 12%.
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By David Morrison |
November 7, 2011
A CDCU already in the media spotlight for having run afoul of Goldman Sachs was the focus of a NBC story about Bank Transfer Day this past Saturday.
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By Jim Rubenstein |
October 14, 2011
Some Southern California credit unions are looking to benefit from the Occupy Wall Street and Bank Transfer Day movements.
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By Lindsey Siegriest |
July 14, 2010
Credit unions are at a crossroads right now. More consumers are aware of credit unions thanks to media attention and more people are flocking from banks to credit unions. The issue at hand is how can credit unions leverage this for the future?
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By David Morrison |
May 19, 2010
Some of the more than 20 credit unions that suffered losses when a vendor executive fraudulently sold mortgages written to Fannie Mae have made progress in getting at least some of their money and mortgages back.
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By Jim Rubenstein |
February 12, 2010
The House-passed, anti-big bank public funds bill geared to funnel $5 billion in state funds into credit unions and community banks cleared a new hurdle this week in the New Mexico Senate.
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By Jim Rubenstein |
January 20, 2010
Through ads, Internet postings and public statements, credit unions nationwide were enjoying the public rant against big banks last week highlighted in congressional hearings and in myriad network and cable TV news shows