Ontario

• Canada’s Credit Union Growth Fueled by Deposit, Loan Surge

  By Michelle A. Samaad  |  March 11, 2013

  Billion-dollar increases in both deposits and loans helped Canada’s credit unions end 2012 on a strong note.

• CU Direct Confab to Feature Diverse Speaker Lineup

  By Michelle A. Samaad  |  March 4, 2013

  Las Vegas gathering in May to feature economists, consultants and lending marketplace expertise.

• Vote Approves CURoots Transfer

  February 27, 2013

  The membership of CURoots Cooperative has approved the transfer of the CUSO’s ownership to the California League Services Corp.

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  Indirect Looks to Lead Again in Lending Dance

  By Michelle A. Samaad  |  February 27, 2013

  Thick in the heyday of originating indirect loans, credit unions basked as the slices of their auto lending portfolios swelled to historic proportions.

• Vote Set on Calif. CUSO Ownership

  By Michelle A. Samaad  |  February 20, 2013

  In a move to avoid duplication of services and to establish a more equitable pricing structure, the California Credit Union League and CURoots Cooperative said they are in discussions to transfer the CUSO’s ownership to the California League Services Corp.

• Members Vote to Transfer CURoots to California League Services Corp.

  By Michelle A. Samaad  |  February 19, 2013

  All current compliance and audit services and contracts to continue uninterrupted.

• CU SoCal Adds Mobile Bill Pay

  By Marc Rapport  |  February 8, 2013

  Bill pay functionality extended to Apple and Android devices.

• California League, CURoots in Talks to Transfer CUSO’s Ownership

  By Michelle A. Samaad  |  February 6, 2013

  CURoots offers shared compliance, internal audit and health benefits services.

• CO-OP Financial Service Rolls Out Virtual Branch App

  By David Morrison  |  January 30, 2013

  App allows shared branching credit union members to move funds between accounts or other members' accounts via smartphone.

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  Dividends

  January 30, 2013

  CEFCU, Peoria, Ill., announced that a record extraordinary dividend of $9 million has been distributed to CEFCU members. The dividend was based on members’ savings and loan activity during, with $4.5 million going to borrowers and $4.5 million going to savers.