Search Results

Economists are predicting an upswing in mortgage rates later this year, and CU experts are advising credit unions to revisit their ALM policies. Read about this and more in a special report on pages 16, 17 and 20.

MADISON, Wis. - CUNA Mutual Group has announced another addition to its Loanliner.com, on-line lending suite of decision solutions. The latest addition - TransUnion's AcquireT Express - means credit unions can choose from six different decision engines when using Loanliner.com. It also will allow CUs to make instant decisions on...

By JIM RUBENSTEIN CU Times Southwest Correspondent GREENSBORO, N.C. - Like many credit unions in areas hit hard by the recession, the $90 million Summit Credit Union here has known for months it had a staffing problem in fielding so many financial counseling calls of its members. "We had one...

By JIM RUBENSTEIN CU Times Southwest Correspondent DENVER - The Colorado legislature is shaping up as the next staging ground for the fight over predatory lending with a coalition of consumer groups and the Colorado Credit Union System pitted against so-called unscrupulous mortgage lenders. Hearings on a predatory lending bill,...

WASHINGTON - CUNA Vice President of state government affairs Colleen Kelly is going to participate in a forum to look at ways to assist consumers who use payday lenders. The forum, "The Debt Cycle: Using Payday Loans to Make Ends Meet", is co-sponsored by the National Endowment for Financial Education...

MADISON, Wis. - As of Jan. 1 those credit unions that were getting CUNA Mutual's online lending solution, Loanliner.com, for free, are now being assessed a fee. Debuting in March 2000, Loanliner.com was initially offered free to participating credit unions. Loanliner, the desktop version of Loanliner.com has been around for...

By MICHELLE SAMAAD CU Times Correspondent-At-Large ALEXANDRIA, Va. - It's still too early to tell if several key changes NCUA has proposed on how federal credit unions conduct investment activities will come to fruition as the Jan. 24 comment deadline came and went. Last October, the NCUA Board requested comments...

For natural person credit unions Total Assets Assessment rate $0-$500,000 $0.00 $500,001-$750,000 $100.00 $750,001-$560,530,205 0.00023340 * total assets $560,530,206-$1,696,155,982 $130,828.39 + 0.00006802 x total assets over $560,530,205 > $1,696,155,982 $208,075.75 + 0.00002270 x total assets over $1,696,155,982 For Corporate Credit Unions $2,854.89 plus 0.2234 per $1,000 of assets over $5...