The $197 million Tobyhanna Federal Credit Union in Scranton, Pa., hired Christopher Bresset as assistant vice president of consumer and indirect lending. He has more than 18 years of financial services experience, most recently with Honesdale National Bank in Honesdale, Pa.
Former Kentucky Corporate CEO Jim Thompson will replace the retiring Huston Reinle at the $102M Kentucky credit union.
Too much cash on hand cuts investment options. Learn how to better manage this non-earning asset.
Keeping too much cash on hand can cut into investment opportunities. Learn how to better manage this non-earning asset.
Around the country, credit unions have been jumping on the mobile app bandwagon for the past few years, but has the hoopla actually started to pay off in terms of more revenue?
The bulk of credit union and CUSO mortgage programs will see minimal impact from Fannie Mae and Freddie Mac limiting the secondary market to only qualified mortgages, according to credit union and CUSO executives.
Not much impact seen from Fannie Mae, Freddie Mac decision to buy only qualified mortgages after Jan. 10, 2014.
Two credit unions, NASA Federal Credit Union and Navy Federal Credit Union, are offering members mortgages without requiring any down payment or mortgage insurance.
Navy Federal, NASA FCU have different philosophies, same approach to dealing with risk from mortgage loans with no down payments.
The 84,000 members of the $1.3 billion NASA Federal Credit Union are now able to purchase Visa-branded gift cards through at least some of their credit union's ATMs.