Credit Union Times | Accurate and Timely CU News

P2P Breakout Awaits

By Robert McGarvey

You dont need cash to buy a box of Girl Scouts Thin Mints from David Cale, CEO of Financial Plus Credit Union.

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Charter Oak FCU Named Mortgage Leader

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Philly CUSO Reaches $100 Million

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February 20, 2012

Tax Season Aid and Loans Abound at CUs

Tax season can be a daunting time of year for credit union members. Some, who view their annual refund as a much-needed source of extra cash, want to maximize their refund opportunities. Others, who owe taxes, may be wondering how theyll afford payments. To ensure the process runs smoothly regardless...

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February 20, 2012

Kern Schools FCU’s Financials Shine

After a net loss of $12.8 million in 2010, the $1.2 billion Kern Schools Federal Credit Union in Bakersfield, Calif., declared 2011 its best year for financial performance since 2007. The CU announced a net income of $22.4 million for 2011 and a net worth ratio that jumped from 4.31%...

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February 20, 2012

Mobile Bill Pay Demand Is the Future

Imagine paying your house payment while riding in a double decker bus in London or making your Visa payment while waiting for a plane.

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February 20, 2012

With Fannie and Freddie Changes Afoot, Maryland CU Prepares

The 44,000-member, $540 million National Institutes of Health Federal Credit Union, headquartered in Rockville, Md., has been working to prepare its housing finance program for whatever the federal government may choose to do with the two giant mortgage entities Fannie Mae and Freddie Mac.

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February 19, 2012