News

PSCU Financial Services launched a new collection service, TOTALCollections, that provides targeted efforts for every loan product.

Geezeo has signed the $805 million Unitus Community Credit Union in Portland, Ore., as the newest user of its personal financial management, web community platforms and social media tools, the company said.

Credit unions and other lenders have helped the SBA's Patriot Express loan program reach the $500 million mark.

Credit unions that set out to improve their credit card management procedures see significantly improved income and card portfolio growth over those which do not, according to Card Services for Credit Unions.

After learning that 15% of its small business members were denied a loan to keep their operations running, Sam's Club launched a national pilot program that would make capital available to them.

Consumers appear to be responding to aggressive premiums offered on 48-month certificates of deposit at banks.

Citing "extraordinary" costs in special cases, the Texas Credit Union Department wants to be reimbursed from the industry for certain examination expenses, it was disclosed last week.

The $1.6 billion Chartway Federal Credit Union has consolidated a second NCUA-conserved Utah credit union, the $139 million SouthWest Community FCU of St. George, Utah.