The Credit Union Mortgage Alliance Network has launched an adjustable rate mortgage product that allows credit unions to offer their members a 6/2 adjustable rate mortgage with a lower, fixed-interest rate for the first six years of the loan and a rate that only adjusts every two years after that.
Members of the $725 million Columbia Community Credit Union voted to expel the two board members and one supervisory committee candidate who belonged to an organization that led the CU's resistance to a move to change its charter to a mutual bank in 2003.
TransUnion has joined Utica College's Center for Identity Management and Information Protection. CIMIP is a research collaborative composed of elite public and private sector organizations including the Federal Bureau of Investigation, United States Secret Service, LexisNexis, IBM and three prominent universities. The organization is dedicated to using applied research to...
During the annual CEO Network, CUES named Travis Credit Union President/CEO Patsy Van Ouwerkerk the 2006 CUES Executive of the Year and Langley Federal Credit Union Senior Vice President/Chief Marketing Officer Brett Noll the CUES Future Leader.
Credit unions expecting to successfully penetrate the youth market ought to start using "hip hop" icons, music and fashion in their ads, on the Internet and on iPods, according to a Los Angeles ad executive. "It doesn't mean you have to go for 'Snoop Dogg' but you have to appeal...