Credit Union Times | Accurate and Timely CU News

Car Sales Still Up in Midst of High Gas Prices

By Michelle A. Samaad

As credit unions brace for a turnaround in new auto lending activity this year, more signs are in the air that vehicles sales are up.

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For One CDCU, CDCI Money Means Funds for Microloans

Warren: CUs Have Input

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March 04, 2011

CARD Act Study Finds Greater Transparency and Stable Pricing

A recent study by the Center for Responsible Lending found that not only have the new credit card rules mandated by the CARD Act of 2009 resulted in significantly greater price transparency for consumers, but, despite grim predictions, actual prices have remained stable and available credit has not tightened beyond...

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March 04, 2011

Callahans: CUs Set Lending Records

Credit unions made more loans in the fourth quarter of 2010 than in any other fourth quarter in history, said Jay Johnson, executive vice president of Callahan & Associates, as he crunched the latest numbers. The total amounted to $68.5 billion, said Johnson.

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March 04, 2011

Million Dollar Auto Leasing Target Reached

CU Xpress Lease Inc., a leasing program for credit unions, said it has surpassed its monthly goal of $1 million in auto leasing activity nearly four months after launching.

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March 04, 2011

Microlender Seeking CU Charter in Political Power Struggle

The founder of an international microlending bank, which has a United States affiliate that was considering opening a federal credit union in North Carolina, is in the middle of an internal power struggle.

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March 04, 2011

Corporate Central Announces Private Student Loan Offering

Corporate Central Credit Union today announced a new student loan program–offered in partnership with Sallie Mae and made available through Corporate Central members–that is designed to help students graduate with less debt.

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March 04, 2011