Credit Union Times | Accurate and Timely CU News

Constitution Corporate, Seeing Advantage in Private Student Loans, Promotes H.E.L.P.

By Staff Writer

WALLINGFORD, Conn. -- With the cost of college tuition rising at a 7.5% clip annually, credit union member-parents with college bound kids are looking for some help and a bit of relief. A new program rolled out here by Constitution Corporate FCU and other corporates to their own CU members...

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Patelco CU Boasts of a Firm Growth Path Thanks to Walgreens SEG

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IBT Survey Finds Large Majority of FI Executives Considering Building Green

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May 27, 2008

Fannie Mae Mortgage Guidelines Will Help Homebuyers, Says CMPS Chairman

ANN ARBOR, Mich. -- In early May, Fannie Mae announced several key changes to its residential mortgage guidelines that will have a major impact on helping homebuyers and may assist lenders in easing the mortgage crisis, said Gibran Nicholas, chairman of the CMPS Institute (www.cmpsinstitute.org), an organization that certifies mortgage...

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May 27, 2008

Emigrant Mortgage Reaches Out to CUs With 'Conservative' Approach

ELMSFORD, N.Y. -- Emigrant Mortgage Co. here believes it has found a like-minded approach between itself and credit unions in how mortgage operations are conducted. Realizing that affinity, Emigrant is now reaching out to introduce itself as another option available for specialized mortgage products for credit union members.

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May 27, 2008

United Nations FCU Donates $20,000 to HIV Prevention Project

LONG ISLAND CITY, N.Y. -- To provide HIV prevention, education, physical care and psychosocial support for young people in Namibia, United Nations Federal Credit Union recently donated $20,000 to the Sekolo Projects Inc., a secondary school teacher training project.

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May 27, 2008

Arizona Ballot Initiative Looms Over Payday Lending

PHOENIX -- The fight over payday lending in Arizona could be headed to the ballot box this November with Arizona credit unions adopting an informal hands-off stance opting instead for a greater financial education push in the schools and public forums.

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May 27, 2008

CRI Systems to Beta Test New Solutions

ELKRIDGE, Md. -- Following up on focus group sessions in Maryland and North Carolina, CRI Systems said it plans to soon start beta testing a new software platform.

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May 27, 2008