Billion-dollar increases in both deposits and loans helped Canada’s credit unions end 2012 on a strong note.
Las Vegas gathering in May to feature economists, consultants and lending marketplace expertise.
The membership of CURoots Cooperative has approved the transfer of the CUSO’s ownership to the California League Services Corp.
Thick in the heyday of originating indirect loans, credit unions basked as the slices of their auto lending portfolios swelled to historic proportions.
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.
All current compliance and audit services and contracts to continue uninterrupted.
Bill pay functionality extended to Apple and Android devices.
CURoots offers shared compliance, internal audit and health benefits services.
App allows shared branching credit union members to move funds between accounts or other members' accounts via smartphone.
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.