News

Although auto lending continues to be a strong area of credit unions' loan portfolio, making up the second largest lending category, and 85% of all credit union auto loan growth came through indirect lending, many CUs still question whether indirect lending is a viable option for them.

"I love gridlock. It means the government can't screw things up," Political Commentator Larry Sabato told attendees of NAFCU's Congressional Caucus last week in discussing the upcoming elections. He said he expects the Democrats to pick up 12-15 seats in the House (15 are needed for them to take the...

Consumers driving on the Pennsylvania Turnpike or listening to the state's Traffax reports on radio and television will soon be seeing or hearing ads about joining a credit union.

and chairman hopeful--Spencer Bachus (R-Ala.) said of a committee agenda for the 110th Congress. "Nov. 7 is the election. I'd rather deal with the things we know we have to and then on Nov. 7," he said, "then we start worrying about [the chairmanship]. I'm concerned about the majority." Regardless...

Credit unions are not doing enough to protect market share being lost to payday lenders, a vice president of San Francisco-based Patelco Credit Union told Washington State CU executives.

JSC Federal Credit Union, Houston, celebrated JSC FCU Night with the Houston Astros on Sept. 2 beginning with Mike, Brown, CEO of the CU, throwing out the first pitch. This evening was the finale of a six-week member referral promotion that resulted in 124 new JSC FCU members opening both...