News

LONDON, U.K. - Credit unions and other community development groups will benefit from 36 (US$63.19) million package announced by David Blunkett, Secretary of State for Work and Pensions. The money is to be used to tackle financial exclusion. Credit unions will use the funds to help provide low cost credit...

SAVANNAH, Ga. - On an autumn day in 1976, 27 credit union presidents met in Orlando fueled by frustration over the perception that their needs were not being met at the former Southeastern Regional Presidents Conference and the idea of a roundtable exchange served as outlet to be heard. That...

MANCHESTER, U.K. - In the U.S. banks and credit unions fight each other on every battle ground imaginable. In the United Kingdom banks help credit unions. It is not an isolated phenomena to a single bank or region. Credit unions are not seen as competition to banks. Until 2001 credit...

DENVER - Aimbridge Home Loans, a division of Aimbridge Lending and a full-service mortgage provider for credit unions, has announced a strategic partnership with United Federal Mortgage. As a result of the agreement, Aimbridge Home Loans, now known as UFM, will offer CUs a broader range of products and services...

SAVANNAH, Ga. - When it comes to strategic planning, a credit union's plan is only as good as the process used to develop it. That was one of the sentiments coming from a morning session at NACUC's Roundtable Forum. The trend now has become shortening planning cycles in the hopes...

BRISBANE, MELBOURNE and SYDNEY Australia - The Australian credit union world was startled by the announcement that the country's two largest credit unions will merge if their respective members approve at their annual general meetings scheduled for November 24th and 25th. If approved, Credit Union Australia (CUA) would absorb the...