News

The long-ailing Silver State Schools Credit Union of Las Vegas said Tuesday it is witnessing "a sharp improvement in earnings," having trimmed its nine-month loss to $17 million, a 58% gain over the $40.9 million a year ago.

Consumers are more willing to take on credit overall, though consumer credit at credit unions declined slightly in September, according to data released by the Federal Reserve.

uMonitor and Continuity Control are now offering a combination of their automated compliance and account opening and funding solutions, the companies said.

Credit unions wanting to make some inroads into the business services market might consider the mobile channel.

In a fresh sign of trade group consolidation, the Arizona and Colorado/Wyoming Credit Union Leagues announced Monday they have signed a letter of intent for a merger.

The $16 million Bethex Federal Credit Union has won an award that will bring it an additional $25,000, the credit union said.