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Thursday, April 24, 2014
Seven Takeaways From Elizabeth Warren's New Memoir
WASHINGTON — In a move that will surprise no one, Sen. Elizabeth Warren pulls no punches calling out bankers and Washington insiders in her just-released memoir.
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RANCHO CUCAMONGA, Calif. — CO-OP Financial Services announced today that it delivered a shareholder dividend of $30.5 million for fiscal year 2013, a 17% increase from the previous year. more »
CHARLOTTESVILLE, Va. — Credit unions continued to grow assets, loans and leases, and shares and deposits in 2013 — once again led by the largest institutions — according to new analysis by SNL Financial. more »
Maybe Bank of America's controversial decision a few years ago to charge for checking accounts was a smart idea after all. more »
ALEXANDRIA, Va. -- Credit unions finished 2013 with some strong gains, but also saw some slipping in important metrics such as return on average assets and share growth. more »
ALEXANDRIA, Va.— Loans, membership and net worth at federally insured credit unions continued to rise during the last quarter of 2013, but net interest margins remain on the decline, according to fourth quarter data released Monday by NCUA. more »
WOODBURY, Minn. -- Postal CU here has returned more than $524,000 to its members, 16% of its 2013 earnings. more »
ALEXANDRIA, Va. -- Federal credit union failures dropped by close to a quarter from 22 in 2012 to 17 in 2013, NCUA reported Thursday. more »
Despite record loan originations in 2013, vehicle lending volumes not seen since the turn of the century and a continued surge of new members, the big picture isn't entirely rosy for the nation's credit unions. more »
Shareholders of Flint River National Bank have approved the proposed sale of the institution to the $260 million Five Star CU. more »
ALEXANDRIA, Va. -- NCUA announced the end is nigh for the Temporary Corporate Credit Union Stabilization Fund, and it may even wind up rebating some of the past assessments back to credit unions in 2021. more »
STOCKTON, Calif. -- Financial Center CU broke even on the balance sheet last year because it handed all its net earnings back to the membership. more »
SMITHFIELD, R.I. -- Assets at Navigant CU here grew by more than 10% during 2013, and the credit union celebrated by returning to members a 2% dividend for interest on accounts -- the 25th consecutive year Navigant members have seen such a payout. more »
RIVERSIDE, Calif. -- The $678 million Altura Credit Union said it had net income of $11.18 million in 2013 -- making 2011-2013 the best three-year period in the credit union's history. more »
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