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Thursday, November 27, 2014
Should Grameen America Become A Credit Union?
NEW YORK — Grameen America, a nonprofit microfinance organization that specializes in providing small business loans to low-income women, may seek to adopt a credit union structure.
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PLANO, Texas — Despite burgeoning loan growth and other signs of a healthy CU system, optimism by credit union CEOs declined slightly in the third quarter, according to Catalyst Corporate FCU's latest Credit Union CEO Confidence Survey. more »
The American consumer is buying again and credit unions are taking advantage by booking solid loan growth, according to the November Trends Report by CUNA Mutual Group. more »
WASHINGTON — Credit unions as a whole — yes, even small CUs — experienced significant success in the third quarter, according to analysis by Callahan & Associates that found increases in key areas including loans and membership. more »
CHICAGO — Despite much interest in ApplePay and other emerging opportunities, credit unions still see auto loans as the growth area heading into 2015, according to a recent TransUnion survey. more »
SAN DIEGO — San Diego County Credit Union posted strong financial numbers across the board in the third quarter, including year-over-year loan growth of 23.6%. more »
EDWARDSVILLE, Ill. — Scott CU here announced it has surpassed the $1 billion mark in assets. more »
Altura Credit Union on Wednesday reported $2.95 million in net income during the third quarter of 2014, running its streak of positive earnings to 14 consecutive quarters. more »
LAS VEGAS — Silver State Schools Credit Union reported net income of $3 million for the third quarter of 2014 — marking the 10th consecutive profitable three-month period for an institution that was battered by the recession. more »
The Money Anxiety Index shows U.S. consumers' still low confidence in the economy continues to negatively impact spending and by default, economic growth. more »
ALEXANDRIA, Va. — Federally insured credit unions saw an increased median rate of loan growth in the year ending June 30, according to analysis of state-level data released Tuesday by NCUA. more »
NEW YORK — Peter Duffy contends that NCUA's proposed capital rule could force some credit unions to sacrifice net income and capital to meet the new risk-based standard. more »
ALEXANDRIA, Va. — Federally insured credit unions parlayed an improving economy in the second quarter of 2014 to the highest year-over-year loan growth since 2006, according to new analysis released Tuesday by the National Credit Union Administration. more »
BIRMINGHAM, Ala. — Will the risk-based capital rule increase the pace of credit-union-to-bank conversions? Only time — and the final rule — will tell. But most industry insiders and experts say it's unlikely that a significant number of credit unions will be rushing to make the switch. more »
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Apr 08 - 10 | Card Forum & Expo

Chicago Downtown Marriott
Chicago, IL
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House Hunters -- CU edition
This spot from IH Mississippi Valley CU shows just a few of the ways consumers hunt for a new home, while also subtly showing off ways to access the credit union via phone, tablet and laptop.
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