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Saturday, November 1, 2014
NCUA said in a press release Friday that it has barred three former credit union employees from working at a federally insured financial institution.
MEDLEY, Fla. — Besides the usual measures of requiring a down payment, adjusting the interest up, and staying on top of collections, Compass Financial Federal Credit Union uses a few other tactics that focus less on interest rates and credit scores to keep delinquencies in check, and more on the vehicles being financed themselves.
Reaching out to millennials isn't just about selling them mortgage loans — it's also about recruiting them to sell mortgage loans, which may be proving to be a challenge.
LONG ISLAND CITY, N.Y. — United Nations FCU here has unveiled a mortgage lending program aimed specifically at boosting the credit union's penetration with a historically very reliable class of borrowers — doctors.
LOS ANGELES — Small credit unions can boost their lending with new products, better differentiation and by knowing when members are ready to buy their next vehicle.
For nearly 30 years, I led the National Federation of Community Development Credit Unions, the charitable organization/trade association for credit unions serving low-income communities.
Even weeks after Apple Pay went live, it continues to make headlines, and not just in financial news outlets.
SAGINAW, Mich. — While some companies frown upon parents and children as co-workers, Catholic Federal Credit Union has no problem hiring employees from the same family. In fact three members of one family work at the same branch.
WASHINGTON — A lawmaker's bid to take the House Financial Services Committee gavel from Chairman Jeb Hensarling (R-Texas) is unlikely to prove successful, but the effort could have far-reaching implications for Republicans.
CAMBRIDGE, Mass. — One of the best ways for a credit union to measure a member's experience is by surveying all points of contact — from online and mobile banking to call center interactions and in-branch visits.
Rumors of a subprime auto-lending bubble have been greatly exaggerated.
WASHINGTON — A smaller percentage of U.S. households were unbanked in 2013 compared with two years earlier, just as less traditional financial services products such as prepaid cards grew in usage among those without a bank account.
WASHINGTON — The Supreme Court is slated to hear arguments Tuesday in a case that could determine when and how borrowers are allowed to cancel their mortgages.
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.
WASHINGTON — The data security breach at Home Depot stores in September cost credit unions $57.4 million to cover card reissuance, plus fraud and other expenses, according to a new survey released Thursday by CUNA.
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evolve FCU celebrates Int'l Credit Union Day
evolve FCU, El Paso, Texas, produced this video showing how they thanked their members on International Credit Union Day 2014.
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