News

This chart shows the total auto loan portfolio for the top 20 auto lending credit unions, as of June 2006, as well as the average size of their new and used car loan, and their average rate.

CUNA and NAFCU have commented on NCUA's proposed regulation concerning red flags for potential fraud and identity theft under the Fair and Accurate Credit Transactions Act.

For the second consecutive year credit unions have been increasing their efforts and reaching out to more schools and students.

As expected, the Washington Credit Union League has overwhelmingly adopted an 18% dues hike for next year to provide "stable and sustainable funding during a time of credit union consolidation."

NAFCU Senior Vice President of Communications and Marketing Jay Morris and Public Relations Manager Rebecca Somers (shown here) offered Congressional Caucus attendees pointers in dealing with the press. "People are more persuaded by your enthusiasm than any statistic you can give," Somers advised.

For the second year in a row, an independent survey has found that credit unions rank higher than banks and other financial institutions in several customer service measures.