Credit cards loans are increasing as a percentage of credit unions’ total assets, declining at commercial banks.
For the ninth year in a row, Operation Best Wishes has made sure those serving overseas were able to see and hear from their loved ones.
These life stage-appropriate programs target their demographic with incentives, from treasure chest prizes to loan discounts to local merchant coupons.
As of June 30, New Mexico credit unions were thriving with a return on assets of 101 basis points, according to NCUA quarterly mapping data. That’s well above the national average of 0.86% ROA. However, the so-called fiscal cliff could curse profitability for credit unions in the Land of Enchantment.
Six credit unions were recognized for their exemplary practices by receiving CUNA Mutual Group’s excellence in lending awards at the CUNA Lending Council’s 18th annual conference.
LAS VEGAS — The stated theme of this year’s California/Nevada Credit Union Leagues’ annual meeting was “right here, right now”—but the sense in the halls of the Mirage where the event was held was more poignant. That sense was simply that the credit unions in these two states, both devastated...
Zia Credit Union of Los Alamos, N.M., announced that the board has selected David Woodruff as the credit union’s new President/CEO.
While ROAA is well above national average, dependence on government jobs could make New Mexico and its credit unions vulnerable to fiscal cliff.
Last Monday, Nov. 5, marked the first anniversary of Bank Transfer Day, a national grass-roots social media movement that motivated 664,000 consumers to join credit unions, leaving their rising big bank fees behind. What’s more, Bank Transfer Day’s unprecedented and widespread media coverage told the story of credit unions as...
Flower power: New Mexico-based credit union reaching out to Connecticut members affected by storm.