Monday, May 20, 2013
Share: Share on Facebook Share on Twitter Share on LinkedIn
Community Photos: May 20, 2013 Commonwealth CU, Frankfort, Ky., teamed up with Shred-It, Frankfort City Police and Franklin County...
HERSHEY, Penn. – Despite industry-wide numbers showing lending up at CUs and auto playing a big role, a number of credit unions in this state say it is tough to make car loans this year – even with one CU at .99%.
General News

Small credit unions have been disappearing. They face all of the same challenges as their larger brethren, plus some additional ones unique to their size. NCUA has created the Office of Small Credit Union Initiatives to help address some of these challenges in the hope of seeing these little pillars of the movement continue to survive and thrive well into the future. But will it be enough? Can small credit unions make it in today's world? What do they need to do to ensure a healthy, successful future for themselves?

Compliance

As credit unions seek new ways to grow, several have recently purchased banks, and sources involved in some of these transactions say there are several more in the works. Is this a healthy way to grow, or will credit unions come to find there is a hidden price tag to these acquisitions? And will we start seeing more of the reverse happening, as well, with banks scooping up credit unions?

 
The Wedding
Security Service FCU, San Antonio, has launched a bilingual/multi-cultural ad campaign that includes this humorous ad showing a teller reassuring a beleaguered father of the bride.
twitter
facebook
May 30 - 31 | Credit Union Journal’s Grow Show

Ritz-Carlton Hotel
Orlando, FL
More Info

Jun 03 - 05 | 7th Annual Mobile Banking and Commerce Summit

InterContinental Miami
Miami, FL
More Info

Already a subscriber? Log in here
Please note you must now log in with your email address and password.