If CUs Are So Great,Where Is Market Share?

There is one idea all credit union people agree on: CUs are the best thing going in the financial services marketplace. But then why doesn't the market share reflect that?

Director Education To Remain Focus In 2012

Looking back on NCUA's new financial literacy standards for federal CU board members, CUES president Fred Johnson deemed the last 12 months "a good start" at improving director education. But now it's on to 2012.

Why One Person Is 'Annoyed' By CUs

Why isn't every U.S. citizen a credit union member in 2012? That's what Salim Ismail, former VP at Yahoo, wants to know.

What Other CUs Have Planned For 2012

'Auto Bailout' For Members; Loans To Small Farmers; Seeking To Expand Indirect; Cards Get New Attention; Maintaining Loan Momentum; Sights Set On Site; Everyday Is Transfer Day; Huge Deposits, Big Task

Focus Remains On Foreclosures

SACRAMENTO, Calif.-Foreclosure legislation continues to be the hot topic here in the Golden State's capital.

The Higher Risk of Lower Interest Rates

SAN FRANCISCO-Will some of the additional risks taken during 2011 to get additional loan dollars come back to haunt in 2012?

All Branches Now Open 7-7, 7 Days Per Week

RALEIGH, N.C.-As Coastal FCU members ring in the New Year, they can also toast the fact that the CU has completed its deployment of video tellers, allowing it to serve members from 7 a.m. to 7 p.m. seven days per week.

CUSO Focused On Collaboration Plans 2012 Expansion Into Risk Management, Benefits

ONTARIO, Calif.-CURoots Cooperative-a CUSO launched in 2010 by several credit unions and the California and Nevada CU Leagues as part of an effort to use collaboration to reduce back-office costs-will be unveiling new products and services in 2012.

Forecast Calls For More 'Treading Water'

MADISON, Wis.-The U.S. economy improved somewhat in 2011, but according to Dave Colby the global economy is a "little bit more risky" as the calendar turns to a new year.

Parts of California Begin To See Recovery

ONTARIO, Calif.-California is seeing solid signs of recovery from the economic downturn-especially along its coastal regions-but Nevada is "still struggling."

Risk Management Issues To Get Scrutiny

ARLINGTON, Va.-A significant regulatory focus in 2011-risk management-will remain a focus in 2012.

Age Of Anxiety? Yes, But Credit Unions Should Be Able To Capitalize, Suggests Analyst

SAN DIEGO-As the U.S. economy enters 2012, an "Age of Anxiety" continues to undermine confidence. But one person believes credit unions can capitalize on the uneasiness.

Ravages To Rebound? No Time Soon

NEW YORK-If the economy rebounds in 2012 some of the last people to feel it will be CUs that are part of the National Federation of Community Development Credit Unions.

Idea Now Headed For Piloting Phase

MADISON, Wis.-A popular project from the Filene Research Center's i3 Innovation Hub is working its way through the process of being built out for piloting by credit unions.

'Shift Indiana' Shelved For 2012

INDIANAPOLIS-As Finance Center FCU shifts into 2012, it is shelving its "Shift Indiana" program that aimed to shine a light on non-profits with similar "people helping people" philosophies.

Partnership With City To Continue

GLENDALE, Calif.-Los Angeles said a partnership it built with the City of Los Angeles will continue into 2012.

Lending, Rate Forecasts & Gray Swans: Three Other Views For 2012

ATLANTA-There are signs of life in prime borrowers and that could bode well for lending growth improvement in 2012.

NCUA To Redeploy Examiners In Field

WASHINGTON-NCUA will change its exam procedures in 2012 to focus examiners' time on credit unions that post the greatest risk.

Agency Also Worried Over Interest Rate Risk

WASHINGTON-Interest rate risk remains the primary concern for NCUA Chairman Debbie Matz heading into 2012.

Asset Sizes Small, Aspirations Are Not

SAN DIEGO-The leaders of three small CUs are emphasizing that in 2012 limited asset size does not mean limited opportunities in membership growth, investments and small business lending.

An Opportunity For Small CUs

PACOIMA, Calif.-Small credit unions need to recognize the opportunities in business lending, according to one CEO.

Investment Strategy Pays Off

SAN BERNARDINO, Calif.-One leader of a small CU has found a change in investment philosophy is paying off.

Lenders Express Reservations About Potential Used Car Bubble

COLORADO SPRINGS, Colo.-The staple of credit union lending, the used car loan, could be riskier this year.

Bigger Market, Bigger Fight

ONTARIO, Calif.-Credit Union Direct Lending (CUDL) is predicting a stronger new car sales market in 2012, but says credit unions will have to fight even harder for their loan share.