News

DEERFIELD, Ill. -- San Francisco-based Patelco Credit Union is writing the book this year on the nurturing of SEGs considering its stellar record for the giant Walgreens drug chain as measured in member growth and loan volume.

ATLANTA -- Forget about it being a fad, going green seems to be the future for financial institutions.

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...

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.

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.

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.