Commentary

Ten years ago only a hand full of credit unions offered automotive indirect lending. Today, more and more of America's credit unions are offering their members the ability to finance vehicles through their credit union without actually visiting the facility. This has resulted in increased auto loan volume, as well...

ORLANDO, Fla. - While small business owners are waiting on funding from the SBA or insurance companies, a new loan program may help them in the interim.Fairwinds Credit Union along with several banks and community resources are providing loan applications for a new state program for Hurricane Charley victims. The...

What is crystal clear to anyone involved with credit unions is that they are unique entities. It is also clear that only credit unions themselves can make the case for their uniqueness, especially to public officials and members of the press. I firmly believe credit unions must take on this...

A name change. Some credit unions may feel like everyone's on the bandwagon, but are unsure of the long-term benefits to the organization. Some may say, `we recognize the need for change, but a name change is a significant move and we're concerned about losing our focus - on our...

We in the state system - state regulators, credit unions, leagues and national professional and trade associations - are keenly aware of the many challenges facing the system. And although the state system is alive and well and has been so for a number of years, today the dual chartering...

While the concept of collaboration within the credit union movement has been discussed for many years, technology CUSOs are a relatively new breed. More and more of these CUSOs are forming as a way to help more CUs get the most out of a particular core system. Here's a look...

They're back! The scammers, spammers, and flimflammers are out in force once again. Sprouting like weeds following a heavy rain and equally virulent, these black hats of the mortgage business take root in the fertile ground created by rising interest rates, thriving on the confusion and fears of the borrowers...

In many ways, the last few years have not been easy ones for credit card issuers. The weak economy has caused a number of problems. Consumers weren't willing to spend as much or borrow, issuers wrote off more accounts and the competition for good cardholders did nothing but intensify. These...