Friday, September 19, 2014
Why Compass Financial Combines Car Loans With Breakdown Coverage
MEDLEY, Fla. — With almost no public transportation in its service area, Compass Financial FCU realized it needed to do more than just give its members an auto loan. The CU also needed to help members keep their cars on the road.
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BEAVERCREEK, Ohio — Though the refinance boom is over and several mortgage giants are reeling as originations decline, some credit unions are thriving as they tap into a new source — first-time home buyers. more »
RALEIGH, N.C. — Continuing its trend of red-letter-day loan promotions, ElecTel Cooperative FCU here is set to hold a limited time loan campaign tied to "International Talk Like A Pirate Day." more »
FERGUSON, Mo. — A family restaurant near the center of where much of the violence in this city has occurred is still open, thanks in part to a $5,000 0% loan from Alliance CU. more »
KENSINGTON, Md.—A partnership between Lafayette FCU and Hitachi Government Finance is providing the CU some new business lending benefits. more »
KENSINGTON, Md. — Lafayette Federal Credit Union has entered into a unique partnership with Hitachi Government Finance to drive the CU's commercial lending. more »
NEW YORK — Since his initial look at the risk-based capital proposal at the start of the year, Montauk Credit Union chief executive Louis Jimenez is breathing easier — but only a little. more »
SAINT JOSEPH, Mich. — Four years after launching its business lending program here, United Federal Credit Union has realized an asset under management per underwriter increase of more than 100%. more »
CARSON CITY, Nev. — After having its member business lending program sidelined by regulators in 2010, Greater Nevada CU is making a comeback, having increased its business lending portfolio by 115% over the past 18 months. more »
TALLAHASSEE, Fla. — As the NCUA mulls member business lending risk weights for its final risk-based capital rule, the head of one credit union service organization contends that the agency needs to consider weighting more by product type than percentage of the portfolio. more »
TAMPA, Fla. — GTE Financial has a new mobile application that lets members save cash, and with a few taps on their smart phones, apply that money to their credit union mortgage or auto loan. more »
Credit unions distributed fewer small-business loans last month than a year earlier, but they still approve credit at a much higher rate than big banks, a study by Biz2Credit found. more »
Banks want to offer short-term consumer loans but regulatory constraints make it difficult. Credit unions are piling into this line of business. It all translates into a rare opportunity for traditional nemeses to cooperate. more »
Mortgage applications rose last week led by an uptick in purchases even as 30-year interest rates climbed. more »
Oct 20 - 22 | PayThink (formerly ATM, Debit & Prepaid Forum)

JW Marriott Desert Ridge
Phoenix, AZ
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Oct 27 - 29 | Financial Services Collections & Operational Risk Conference

The Cosmopolitan
Las Vegas, NV
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Red Riding Hood
This video from Security Service FCU is one in a series that puts a credit union spin on fairy tales.
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