News

A recent NewGround white paper finds that the key for financial institutions creating a successful relationship experience is found in strategy and staff.

Third quarter data on federally insured credit unions showed the loan-to-share ratio at its highest level since the Depository Institutions Deregulation and Monetary Control Act of 1980 was signed into law.

A wildly successful certificate of deposit campaign recently proved that Franklin First Federal Credit Union can play with the big boys.

With backing of the Michigan Credit Union League, 21 credit unions have launched "Financially Made," an education/saving program aimed at turning teens into financially savvy consumers.

Organizers are putting together a fundraising drive to raise money to use as capital to found a new federal credit union to serve underserved residents of Battle Creek, Mich.

At the same time, HLPR is being refined, he said adding "we're looking to develop a fixed-rate version." Nonetheless, HLPR remains a "great illustration of our commitment to people of modest means." In reaching young people, CUs, he said are "well positioned to take the lead on financial education" maintaining...