News

Consumers continue to be reluctant to take on additional credit as concerns persist about the pace of economic growth.

Rep. Jim Himes (D-4th Conn. District) is among the growing number of legislators who believe raising the member business lending cap will be pivotal for job creation.

After months in planning, a group of Missouri female credit union executives have launched a new professional education and advocacy group.

Credit unions seeking the latest compliance updates have another resource through "The Works," a blog created by an Iowa Credit Union League subsidiary.

A study published by the Experian credit bureau has found that consumers in the 20 largest metropolitan U.S. areas have sharply curtailed opening new credit card accounts.

The $8.15 billion Members United Corporate FCU and $3 billion Southeast Corporate FCU are both covering new OTTIs with existing retained earnings, the credit unions announced in separate releases July 26.