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Cuts in Credit Lines Have Minimally Impacted Credit Scores, FICO Says

By David Morrison

A study by FICO, the company responsible for the widely used FICO credit scores, revealed that consumers' credit scores have been only minimally impacted by the recent, widespread cut in consumer credit lines.

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No Surprises in Members United's July Financials

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Mica Stepping Down as of January 2011

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August 26, 2009

Eastern Financial Adopts Space Coast's Express Service

Members of Eastern Financial Florida Credit Union will soon be able to open deposit accounts and apply for loans over the phone thanks to its merger partner Space Coast Credit Union.

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August 26, 2009

Tax Panel Chairman Rangel Amends Financial Report to Include Credit Union Account

House Ways and Means Committee Chairman Charles Rangel amended his financial disclosure report to include an account at Congressional Federal Union worth at least $250,000.

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August 26, 2009

Matz, Becker and Fortney Praise Mica Upon CUNA Exit Announcement

NCUA Chairman Deborah Matz and the heads of NAFCU and NASCUS praised the accomplishments of CUNA President/CEO Dan Mica, who earlier today announced he would step down from CUNA at the end of 2010.

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August 26, 2009

Natural CU Affinity for Micro Loans, SBA Notices

Of the 170 intermediaries in the SBA's micro loan program, only two credit unions are currently involved. The agency said it is working hard to increase those numbers.

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August 26, 2009

Economy Faltered in Second Quarter, But at Slower Rate

The economy continued its downward slide during the second three months of the year, though it wasn't as weak as during the first quarter.

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August 25, 2009

Pa. League Goes Online

The Pennsylvania Credit Union Association announced last week it has started pilot testing video messaging using top trade brass to communicate more readily with members on topical issues.

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August 25, 2009

Filene Issues Merger Study

Credit union mergers are certain to become "more pre-emptive and complex" and require greater competency by CU management, according to a new Filene Research Institute study.

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Top News Stories

Cuts in Credit Lines Have Minimally Impacted Credit Scores, FICO Says

No Surprises in Members United&#039;s July Financials

Mica Stepping Down as of January 2011

Recommended Just For You

News Stories

Eastern Financial Adopts Space Coast&#039;s Express Service

Tax Panel Chairman Rangel Amends Financial Report to Include Credit Union Account

Matz, Becker and Fortney Praise Mica Upon CUNA Exit Announcement

Natural CU Affinity for Micro Loans, SBA Notices

Economy Faltered in Second Quarter, But at Slower Rate

Pa. League Goes Online

Filene Issues Merger Study

No Surprises in Members United's July Financials

Eastern Financial Adopts Space Coast's Express Service