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Savings Increase as Loan Growth Hits Five-Year Low

By Staff Writer

CUNA Chief Economist Bill Hampel pointed out that loan growth as of June was the weakest year-to-date it has been in the last five years while savings growth is the strongest in the last four years.

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August 14, 2007

Wescom CU Retains its ACC Subprime Portfolio; Faces Significantly Lower Hit

Wescom Credit Union recouped its nearly $1 million investment in ACC Consumer Finance LLC when the company was acquired by CompuCredit at the end of 2006, said Jane Wood, executive vice president, but it has kept the ACC-generated portfolio of subprime auto loans.

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August 14, 2007

Three Times (This Year) Won't Be the Charm for Taxation, Credit Union Proponents Say

Members of the credit union community, while standing up for the tax-exemption, do not feel that danger is imminent even after the Treasury Department--which includes the IRS--has made its third mark against the credit union tax-exemption this year.

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August 14, 2007

Another Name in the Mix Members Group Launches Card Portfolio Purchasing Arm; Loan Participations Said To Make Effort Unique

Another credit union based organization had entered the market for credit union credit card portfolios.

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August 14, 2007

Private Insurance Debate Heating Up NAFCU to Washington State: Federal Backing a Must for Primary Deposit Insurance

In its recently submitted comment letter, NAFCU rallied around the importance of federal deposit insurance and urged Washington State regulators to reject private primary deposit insurance.

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August 14, 2007

Metavante Billpay Tools Tabbed by MemberStreet

LENEXA, Kan. -- Credit union clients of Corporate Network eCom (www.memberstreet.com) will soon be processing billpay on Metavante software.

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August 14, 2007

Metavante Billpay Tools Tabbed by MemberStreet

LENEXA, Kan. -- Credit union clients of Corporate Network eCom (www.memberstreet.com) will soon be processing billpay on Metavante software.

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August 14, 2007

Teachers CU Looking for Next TV Spot

SOUTH BEND, Ind. -- Teachers Credit Union is taking its next commercial to the street.

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Top News Stories

Savings Increase as Loan Growth Hits Five-Year Low

Hiking The Fee Bank of America Jumps Fees at Many ATMs By 50%; Good For Industry, Experts Ask And How Should CUs Respond?

It's Not What You Know, It's Who You Know: Tech CU Uses Networking to Save Big on TV Commercial Production

Recommended Just For You

News Stories

Wescom CU Retains its ACC Subprime Portfolio; Faces Significantly Lower Hit

Three Times (This Year) Won't Be the Charm for Taxation, Credit Union Proponents Say

Another Name in the Mix Members Group Launches Card Portfolio Purchasing Arm; Loan Participations Said To Make Effort Unique

Private Insurance Debate Heating Up NAFCU to Washington State: Federal Backing a Must for Primary Deposit Insurance

Metavante Billpay Tools Tabbed by MemberStreet

Metavante Billpay Tools Tabbed by MemberStreet

Teachers CU Looking for Next TV Spot