News

A year after Telesis Community Credit Union filed a breach of contract claim against an Orlando shopping center, the owners of the property have filed a Chapter 11 bankruptcy petition.

Credit Union Direct Lending, an indirect and point-of-purchase auto lending solutions CUSO, has entered into an agreement with PAR North America to help credit unions advance their vehicle recovery efforts and processes.

Credit unions needing to serve more members with fewer staff during these hard economic times might consider simplifying their products, increasing their use of technology and cooperating with other CUs.

Members who are tech savvy, highly mobile and rarely visit branches were those the $5.2 billion American Airlines Federal

Saddled with pressures to reduce operating expenses, California and Nevada credit unions had been seeking an outlet to help minimize costs through a collaborative network.

Using small size to a credit union's advantage and the importance of providing an innovative member experience were among the points emphasized by Ed Brett of Westminster Savings at the CU Water Cooler Symposium.