Credit Union Times | Accurate and Timely CU News

Payday Loan Demand Created the Industry

By David Morrison

In part, consumer demand is at the root of payday loans' rise in popularity as the fees mainstream institutions charge grow, an executive from a leading payday loan firm stated.

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Panel Delays Vote on Matz

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Siravo's Payout Was Retirement Compensation, Dykstra Says

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August 04, 2009

CUC Mortgage Picks Pa. CU

CUC Mortgage Corp. has picked up the $21 million R-S Bellco Federal Credit Union, based in New Brighton, Pa., as a client.

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August 04, 2009

Corporates Report Calm After U.S. Central Announcement

Members of corporate credit unions didn't express much surprise when they learned how badly U.S. Central's second-quarter losses had damaged their own capital coffers.

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August 04, 2009

Gen Y Becomes Sole Focus of Carolina Marketing Forum

The annual East Coast Credit Union Marketing Conference slated next month for North Carolina will devote its complete schedule to Gen Y and youth programs.

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August 04, 2009

Georgia CU League CEO Defends the Health of Banks in His State

Georgia credit unions were preparing for increases in deposits and new members following the failure of a Macon banking chain, the 16th shutdown in Georgia this year.

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August 04, 2009

MBL Expansion Bill Introduced in House

Saying that credit unions could be sources of much-needed capital for small business, Rep. Paul Kanjorski last week introduced

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August 04, 2009

Can Credit Unions Compete Within Wal-Mart Stores?

In a number of Wal-Mart stores, customers looking to buy money orders, cash checks or pay bills find themselves faced with a choice: credit union or Money Center?

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August 04, 2009