Editorial commentary on current issues from CU Times' editorial staff and correspondents.
The number of originations has declined by 31% since 2013, according to reported data.
Montauk CU is one of four New York cooperatives serving the taxi medallion industry.
Long Island credit union says it captured 16% of the home equity product market last year.
Tapping existing small business owner members for loans is a winning strategy for some CUs.
Despite the challenges involved, making microloans can result in big paybacks for credit unions and communities.
Report details the software that will enable the issuing of standardized, mortgage backed securities in 2016.
LAS VEGAS - Edward DeMarco says the common securitization platform will begin some operations next year.
LAS VEGAS - Stagnant labor compensation and millennials still living with parents mean fewer mortgages.
Behavior-based rate drops will save 30,000 members a total of $2.8 million.