There are signs credit unions have begun to organize themselves to meet their and members’ needs for temporary mortgage finance. It’s called warehouse financing.
MyCUmortgage and CU Structured Finance have formed a partnership to help make more mortgage financing available to credit union members.
Credit unions should continue to throw themselves body and soul into fighting a looming cap on debit card interchange, but should do so without any significant expectation that they will succeed.
WASHINGTON — Experts familiar with the debit interchange fight urged credit union leaders at CUNA's Governmental Affairs Conference to prepare for the best on the pending rule but prepare for the worst.
Last year, 27 new credit unions joined myCUmortgage, boosting the mortgage-issuing CUSO to nearly $1 billion in volume, the CU announced.
As we move into 2011, I would like your readers to know there are good news stories to tell about credit unions-stories that aren't always getting the notice they deserve.
Two credit unions with assets of less than $300 million have found that smaller size need not preclude them from having strong mortgage programs.
GrooveCar Inc., Hauppauge, N.Y., named Domenick Pupo director of business development. Pupo holds more than 20 years experience in the retail
For credit unions offering private student loans, opportunity is the one common word they are all shouting.
Workers' Credit Union, Fitchburg, Mass., elected Eric D. Shapiro, Patrick L. Muldoon, Raymond J. Martino and Melissa Maranda as new members to its board of directors.