News

The emerging purchase market is pushing CUs to find innovative ways to capture members' mortgage business, including pursuing more relationships with realtors. Read what some of them are doing and other mortgage news on pages 20-29.

KIEV, Ukraine - The world watched Ukraine's Orange Revolution as people refused to accept an illegally elected leader. But a decade plus before that election, a smaller revolution was going on as Ukrainians looked for greater economic freedom through the development of credit unions. In the early 20th century over...

WICHITA, Kan. - Boeing Wichita Credit Union is doing its part to make it possible for the underserved in Wichita to become homeowners. The $410 million credit union has added the City of Wichita's Home-Ownership 80 Program into its mix of home loans, and it recently made its first Home-Ownership...

JACKSONVILLE, Fla. - Community First Credit Union of Florida has added its name to the growing list of credit unions participating in CUNA's Home Loan Payment Relief program. The $1 billion credit union committed $7.5 million to the HLPR program. CFCU President/CEO John Hirabayashi said, "With real estate prices in...

WESTLANDS NAIROBI, Kenya - Beth Mukiri Muthuuri, 31, is married with two children and has worked for Afya SACCO Society, Ltd. for 12 years. She works in the headquarters office in Nairobi as a customer care officer. She wants to be a part of this peer education program, she says,...

SYDNEY, Australia - The Boomerang Scheme helped Bill and Joan, a middle-aged couple. They have a disabled daughter and had been renting a refrigerator at AUS$80 (US$58) a month. The refrigerator was critical to store the medicines their daughter needed. Reliability was literally a matter of life and death. Prior...