o7,123 fall into the 0% reserve requirement o1,162 fall into the 3% reserve requirement (reserves = $744,238,915) o332 fall into the $1,215,000 + 10% reserve requirement (reserves = $4,019,913,391) o8,617 total FICUs with $4,764,152,306 in reserve oAt 5.25% (Fed funds rate), the annual interest would be $250,117,996.
Those from low-income households need access to viable financial products as services just as much as other households and the Missouri Credit Union Association is stepping up to provide that accessibility.
Credit union visits are a regular feature of any WOCCU conference. It allows people from one country to see how credit unions operate in another country. Premises are looked at, computer systems discussed and refreshments are usually served, pleasant, informative, but somewhat cut and dried.
With the tagline "no bull information on the best safe returns for your cash," a new Web site has included credit unions among its ranking for the nation's top savings rates. Launched in 2005, BestCashCow.com provides rates on savings accounts and other cash equivalent accounts such as certificate of deposits,...
If your credit union was out shopping rates on July 28 it could have found some of the best rates at what some may consider an unlikely place--Louisiana Corporate.
SELCO Community CU President/CEO Ava Milosevich will retire on Feb. 1, 2007. Milosevich has led the credit union for the last 16 years. While she is retiring from full-time work, she plans on being an active consultant. Under Milosevich, the CU has grown from $120 million to $668 million in...
