Catholic CUs Seek New Communion

Though Catholic credit unions face many of the same challenges others do, they also must contend with some concerns that are specific to serving a religious organization, which is what pushed 11 credit unions that all serve Catholic churches to band together.

FHA Gives OK to Down Payment Help Following IG's Criticism

The Department of Housing and Urban Development is telling lenders that down payment assistance programs still qualify for FHA backing despite concerns raised last year by HUD's inspector general.  more »

CO-OP Financial Services Names New CEO

CO-OP Financial Services announced that Todd Clark will become its new president and CEO, effective June 27, succeeding Stan Hollen, who is retiring.  more »
FinTech Forward
Hold the Schadenfreude: Banks Also Stung by Online Lending Shakeout
During the ascension of marketplace lending, banks responded to the competitive threat in several different ways. Now some banks are better positioned than others to take advantage of the online sector's recent woes.  read more »
Great Rates for Everyone
Pentagon FCU has launched the first ad in a series of ads that will be released over the next two weeks and broadcast in several key markets across the country.