I appreciated the Editor’s Column on small credit unions [July 20 issue]. Fact is, small credit unions shouldn’t be saved just because they are small. On the other hand, the sense of cooperation and fair play is nearly gone from the language of larger credit unions.
Loan waivers and Payday bars just part of the effort.
Credit union-backed candidates didn’t win them all in Tuesday’s state primaries, but the industry did score some major wins in California and New Mexico.
Primary races include former CU exec candidacy.
The 21,000-member Rio Grande Credit Union in Albuquerque, N.M., has won an award for the creative way it introduced shared branching.
Terry Laudick of New Mexico Educators FCU has been elected to a one-year term as chairman of the board of CO-OP Financial Services.
Several banks were named top lenders by the SBA on Monday as it kicked off events to mark National Small Business Week.
Credit unions with fields of membership in certain communities across the U.S. may get an opportunity to purchase a Bank of America branch.
The industry push to promote improved savings behavior among consumers while also drawing new business was ratcheted up with a pilot initiative involving 20 credit unions and sponsored by Filene Research Institute and SaveUp, a fledgling San Francisco firm.
Filene Research Institute and SaveUp.com launch pilot initiative at 20 credit unions in 15 states offering customized packages promoting account savings.