When it comes to underwriting consumer loans, some community development credit unions have found success by looking at other factors besides credit scores.
Mississippi insurance commissioner makes that observation, while FEMA says agency continues to eye NFIP privatization.
William Bynum, CEO of the 28,000 member, $161 million Hope Federal Credit Union, believes the Jackson, Miss.-based credit union’s new mobile app is the first step in what he and the credit union foresee as an effort to make widespread banking and financial management solutions available to lower income people...
FactorTrust CEO Greg Rable says question is whether credit unions can afford not to serve the financially underserved.
Measures go before House, Senate panels in Olympia; supplemental capital proposals dropped from bills.
Hirings, promotions, retirements.
Justice Department cites failed corporate in lawsuit, says S&P rigged ratings to please bank customers.
Hope Federal Credit Union releases mobile app; CEO notes Mississippi has highest percentage of wireless homes in the nation.
CEOs from Missouri, Illinois credit unions on regional depository institution advisory council.
Mississippi institution says remote deposit checking feature particularly important in areas with sparse brick and mortar options.