Credit Union Times | Accurate and Timely CU News

One Illinois CU Girds for Loans in Budget Crisis

By Jim Rubenstein

The prospect of big loan demand from state employees resulting from Illinois' current budget crisis has one credit union prepared with revised procedures "so we don't waste a lot of staff time with inactive accounts."

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CUNA Mutual to Sell IRA Services Division

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Regulators Signal More Scrutiny on Charter Conversions

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June 30, 2009

NCUA Issues Regulations on Consumer Reporting

Organizations that provide information about consumers to credit reporting agencies must include information about the individual's credit limit, under regulations released today by the NCUA and four other regulators.

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June 30, 2009

SBA Auto Financing Loan Pilot Kicks Off Today

Beginning today, auto, recreational vehicle and other dealerships can apply for a revolving line of credit financed through the SBA's 7(a) loan program.

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June 30, 2009

Beehive Sells Card Portfolio

The $184 million Beehive Credit Union has sold its $9 million credit card portfolio to TMG Financial Services.

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June 30, 2009

Former CU to Offer Stock

OmniAmerican Bank, the former OmniAmerican Credit Union, has announced that it will make an initial public offering of stock in the fall, according to local media reports.

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June 30, 2009

Delta Community Offers Mobile Triple Play

Mobile banking members of Delta Community Credit Union will be able to choose from a triple play of mobile access methods with their credit union's new service from Fiserv Inc.

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June 30, 2009

Nearly 30% of CUs Participate in CUSOs

At year-end 2008, credit unions reported $1.12 billion in investments in CUSOs and 27.8% now participate in at least one CUSO, according to Callahan & Associates.

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June 30, 2009

CUNA Lays Off 18 More Staffers

CUNA is eliminating the jobs of 18 people in its Madison, Wis. office as part of previously announced cost-cutting program, the association announced today.

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Top News Stories

One Illinois CU Girds for Loans in Budget Crisis

CUNA Mutual to Sell IRA Services Division

Regulators Signal More Scrutiny on Charter Conversions

Recommended Just For You

News Stories

NCUA Issues Regulations on Consumer Reporting

SBA Auto Financing Loan Pilot Kicks Off Today

Beehive Sells Card Portfolio

Former CU to Offer Stock

Delta Community Offers Mobile Triple Play

Nearly 30% of CUs Participate in CUSOs

CUNA Lays Off 18 More Staffers