Credit Union Times | Accurate and Timely CU News

Bankruptcy Filings Continue to Creep Upward

By Staff Writer

Bankruptcy filings for the 12-month period ending June 30, 2007 increased from the 12-month periods ending in March 2007 and December 2006.

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With Merger Complete, MDDCCUA Restructures Senior Staff

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Revenue Figures Slightly Up for CUSO Financial Services

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August 28, 2007

Credit Union Resources Expands Service Umbrella, Purchases Stake in Texas Business Lenders Group

In a move that aims to further reach the growing number of member-owned small businesses in Texas, Credit Union Resources, Inc., an affiliate of the Texas Credit Union League, has purchased an interest in the Texas Business Lenders Group, a credit union-owned business lending CUSO.

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August 28, 2007

Across the Country, CUs/CUSOs Push 'Pro-Active' Line in Mortgage Crisis

Amidst the mortgage turmoil, credit unions and their CUSOs continued again last week to rev up e-mail and letter campaigns to calm jittery members by pushing re-fi products and counseling services for those hardest hit by housing troubles.

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August 28, 2007

ACIG Sells $65 Million in Centrix Auto Paper; Launches CAPex Secondary Market Program

Access Capital Investment Group reached a milestone with the August sale of two more Centrix CU portfolios, bringing the total to $65 million for the last 12 months, said Seth Meyer, ACIG's secondary market manager. He predicted reaching the $100 million mark by year's end.

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August 28, 2007

New York League Launches Big Awareness Campaign Starting in October

Relying on a new branding message to emphasize membership eligibility and a grassroots focus, the New York State Credit Union League said last week it is launching an aggressive and broad-based media campaign Oct. 1 under the slogan, "Credit Unions, Open to You, True To You."

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August 28, 2007

Westerra Rebrands CUNA Mutual Securities Sub

In line with a trend toward private labeling, Westerra Credit Union has rebranded its securities subsidiary as Westerra Financial Advisors under CUNA Mutual's Brokerage Services unit.

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August 28, 2007

NAFCU Economist Predicts Housing Market Could Be Turning Around as New Home Sales Increase in Western U.S.

NAFCU Chief Economist Tun Wai said that increasing new home sales in the western part of the country could mean the housing slump is turning the corner.

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August 28, 2007

Voting Poll Results: Readers Say Consolidation Good for Industry

Credit unions are consolidating rapidly, but is it good or bad for the industry as a whole?

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Top News Stories

Bankruptcy Filings Continue to Creep Upward

With Merger Complete, MDDCCUA Restructures Senior Staff

Revenue Figures Slightly Up for CUSO Financial Services

Recommended Just For You

News Stories

Credit Union Resources Expands Service Umbrella, Purchases Stake in Texas Business Lenders Group

Across the Country, CUs/CUSOs Push 'Pro-Active' Line in Mortgage Crisis

ACIG Sells $65 Million in Centrix Auto Paper; Launches CAPex Secondary Market Program

New York League Launches Big Awareness Campaign Starting in October

Westerra Rebrands CUNA Mutual Securities Sub

NAFCU Economist Predicts Housing Market Could Be Turning Around as New Home Sales Increase in Western U.S.

Voting Poll Results: Readers Say Consolidation Good for Industry