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The Fed, President Trump and the Credit Union Forecast for 2017
Rising interest rates are a near certainty, analysts say, but plenty of unknowns remain, including how populist movements in Europe might impact the global economic picture.   more »
The CUSO has paid out $465 million in patronage dividends since 1994. more »
Sandia Laboratory FCU in Albuquerque has returned at $10 million special dividend to members as a way to thank them for their continued support of the credit union. more »
The credit union has returned more than $9 million in bonus dividends and loan interest rebates to members during the last eight years. more »
Membership surpassed 106 million, even as larger credit unions continue to see the lion’s share of the industry’s growth. more »
The credit union credited its commitment to community with fueling the recent growth. more »
The unemployment rate hit levels not seen since August 2007, but one quarter of the unemployed population is “long-term unemployed.” Still, the jobs news almost guarantees that the Fed will raise rates when it meets next. more »
Hawaiian Tel FCU absorbed tiny Board of Water Supply FCU, which posted a loss of more than $80,000 last year and lost $46,000 during the first three quarters of 2016. more »
The combined institution will now serve more than 16,000 members with $142 million in assets. more »
The management team for the popular Las Vegas production offered insights into the importance of human capital. more »
The $7.7 billion-asset San Diego County CU has launched its own mobile wallet offering as part of a partnership with CU Wallet. more »
CHROME Federal Credit Union in Washington, Pa., has selected SmartCore by NYMBUS as its new core banking platform to help reach a financial milestone. more »
Credit Union of Texas in Dallas has selected three new systems to more efficiently extract, integrate and harness data. more »
What CUs can do that Santa can't...
Looking for a new car this holiday season? This spot from Synergy CU in Ireland is a reminder that there might be better places to go for that than Santa.