News

The Western States Corporate Realignment Task Force recently issued its report and recommendations about how to go forward in reconstructing Western Bridge Corporate FCU.

The newly-introduced Small Business Lending Enhancement Act provided another opportunity for the Minnesota Credit Union Network to continue its press for raising the member business lending cap.

Credit unions are slowly navigating their way to connect with members online.

A program developed by the Filene Institute's i3 initiative has won a $300,000 grant from the Center for Financial Services Innovation to roll out a program that will reward CU members who have low FICO scores for making loan payments on time.

Unemployment, rising debt and financial uncertainty are continuing to change the perception of those who are using payday loans.

With members expected to continue paying down debt, credit unions could see the same type of savings growth experienced in 2010.