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| Credit unions banking on bills to lift small business lending Reuters CHICAGO (Reuters) - When Phoenix entrepreneur Eric McCarthy needed money to build an ice cream business, the banks would not budge. So McCarthy, like a growing number of small business owners, turned to a less likely source: his local credit unions. See all stories on this topic » | ||
| Andrews Federal Credit Union Selects Symitar to Provide Core Data Processing Sacramento Bee Its Symitar® division today announced that $878 million Andrews Federal Credit Union has elected to install its Episys® core system in-house. Maryland-based Andrews Federal Credit Union wanted an enterprise-wide technology platform that offered ... See all stories on this topic » | ||
| Northeast and Woodlands credit unions unveil merger The Union Leader Berlin-based Woodlands Credit Union plans to merge with the larger Portsmouth Northeast Credit Union, creating a combined entity with $872 million in assets and 90000 members. Peter J. Kavalauskas, president and CEO of Northeast Credit Union, said ... See all stories on this topic » | ||
| Vt credit union fights to use the word banking WCAX Post received a cease and desist letter from the Department of Financial Regulation, telling the credit union to stop using the words bank or banking in advertisements. "They are not allowed to use banking terminology and shouldn't be using it. It's plain and ... See all stories on this topic » | ||
| Credit unions announce intent to merge Seacoastonline.com PORTSMOUTH — The boards of Northeast Credit Union and Woodlands Credit Union have approved an intent to merge agreement to combine the two organizations. Once complete, the merger will offer expanded banking products and services, and greater ... See all stories on this topic » | ||
| Credit Unions Merging Patch.com "We explored many options and a partnership with Northeast Credit Union was the best strategic alternative for us, and also a great opportunity for our members," said Timothy Collia, CEO of Woodlands Credit Union. "Both Woodlands and Northeast have a ... See all stories on this topic » | ||
| CO-OP Member Center Taps LenderLive Network(R) for Extended Mortgage ... MarketWatch (press release) Credit unions have continued to gain market share as trusted mortgage providers, even though many have re-evaluated, in recent years, their willingness to stay in the business. Seehausen added, "Building the in-house capacity to support growing portfolios ... See all stories on this topic » | ||
| VIDEO: Safe Credit Union robber wore straw hat, white mask Beaumont Enterprise Beaumont Police have released a video of the man they believe... The Beaumont Police Department K-9 unit searches for a suspect in the robbery of SAFE Credit Union in Beaumont, Tuesday, July 24, 2012. Tammy McKinley/The Enterprise Photo: TAMMY ... See all stories on this topic » | ||
| Vantage Credit Union Awards $2500 to a Long-Time Member in Mortgage Loan ... STLtoday.com LOUIS – Vantage Credit Union awarded Charo Davis, a Vantage credit union member of 22 years, Visa gift cards totaling $2500 Saturday at the Bridgeton branch. Davis was automatically entered for her chance to win in the credit union's mortgage loan ... See all stories on this topic » | ||
| Credit union CEO urges House committee to consider compliance burden on ... BankCreditNews Douglas Fecher, the president and CEO of the Wright-Pratt Credit Union, and other credit union representatives told House Oversight and Government Reform Committee members this week that the compliance burden associated with Dodd-Frank has ... See all stories on this topic » | ||
| After four robberies, credit union closes Cahokia branch STLtoday.com CAHOKIA • Multiple robberies, including two in the last five weeks, have led to the closure of Scott Credit Union's branch here for safety concerns, President and CEO Frank Padak said Monday. Padak said the branch at 3413 Mississippi Avenue has been ... See all stories on this topic » | ||
| Credit Union Executive Compensation Increases for Second Straight Year CUinsight.com (press release) Salary and bonus raises for credit union CEOs increased for the second consecutive year, according to data from the 2012 CUES Executive Compensation Survey, published by the Credit Union Executives Society and administered by enetrix, A Division of ... See all stories on this topic » | ||
| Robberies spur credit union to close Bluffs office Omaha World-Herald A Sioux City, Iowa, credit union is closing its Council Bluffs office because of four robberies and two attempted robberies in the past four years. A drop-off in loans at the Telco Triad Community Credit Union office, 2420 West Broadway, also is a factor in the ... See all stories on this topic » | ||
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| 1 in 5 considered changing banks, but many were hindered, poll says Los Angeles Times "Unfair bank practices and rising fees are prompting more and more consumers to consider voting with their feet and taking their money to another bank or credit union," said Suzanne Martindale, a staff attorney for Consumers Union, the publisher of ... See all stories on this topic » | ||
| Credit Unions to Merge Patch.com Columbus Credit Union's two branches, in Warren and at 3 Crescent View Ave, in Riverside, will remain open, according to reports. Columbus employees will work for Navigant, and Columbus Credit Union members will have access to services at Navigant, ... See all stories on this topic » | ||
| New Framework for Federal Credit Unions Taking Shape Blakes We understand that the Canadian credit unions, together with the "legal godfather" of the Canadian credit union movement, Joe Dierker, had substantial input on the regulations and that they believe the regulations will further the objective of the Canadian ... See all stories on this topic » | ||
| Virginia Credit Union League Donates $8370 to CMN Hospitals ReadMedia (press release) Children's Miracle Network Hospitals has been the charity partner of the Virginia Credit Union League since 2003, with the League and its affiliated member-owned credit unions having raised more than $1.46 million for the CMN Hospitals serving Virginia. See all stories on this topic » | ||
| Charleston Chapter of Credit Unions Support Lowcountry Orphan Relief CUinsight.com (press release) "Charleston credit unions collaborated in this effort that truly puts the credit union philosophy of people helping people into action," said Troy Hall, Chief Operations Officer, South Carolina Federal Credit Union. "We joined efforts under one thought and one ... See all stories on this topic » | ||
| Advantis Credit Union Taps the Power of Social Media to Award Over $50000 in ... CUinsight.com (press release) Milwaukie, OR (July 23, 2012) — Advantis Credit Union tapped into the power of social media to help them determine which charitable projects would receive a grant from the Advantis GROW Community Fund in 2012. In just three weeks, more than 66000 ... See all stories on this topic » | ||
| NCUA Letter on Lending Draws Reassurance to Credit Unions From CUNA ... CUinsight.com (press release) The National Credit Union Administration's (NCUA) letter issued July 20 on multi-featured open-end lending (MFOEL) and blended lending brought a reassuring response to credit unions today from CUNA Mutual Group, the industry's lending compliance ... See all stories on this topic » | ||
| Battle Over 'B' Word in Vermont Includes TV Debate Credit Union Times Kimbell, who said he is already the target of harsh rhetoric from angry Vermont credit union leaders, said constitutional free speech is very much in play as it was in the U.S. Supreme Court ruling on Citizens United dealing with corporate political PACs in the ... See all stories on this topic » | ||
| Onsite Coverage: Without US Central, CLF Borrowing Ability Drops 96% Credit Union Times Approximately 6000 credit unions will lose the ability to borrow from CLF after U.S. Central closes, Fazio told the board. That loss of borrowing ability is what prompted the proposed rule announced Tuesday that all credit unions with more than $10 million in ... See all stories on this topic » | ||
| Onsite Coverage: NCUA Board Approves Two Proposed Rules and 9.5 BP ... Credit Union Times The board approved two new proposed rules – one that would require credit unions with more than $10 million in assets to develop a plan to address emergency liquidity shortfalls and set up their own backup liquidity source, and another that would allow the ... See all stories on this topic » | ||
| Onsite Coverage: NCUA's $2 Million Surplus Will Be Applied to 2013 Budget Credit Union Times "I hope today's action sends a positive message to credit unions that for the third consecutive year, NCUA is returning $2 million in savings from the current budget to offset next year's budget," Board Chairman Debbie Matz said at the Tuesday board meeting. See all stories on this topic » | ||
| Charlotte H. Cash Chosen as Commonwealth One Federal Credit Union's New ... CUinsight.com (press release) John Blair retired on July 20 after 18 years of dedicated service as President and Chief Executive Officer at CommonWealth One Federal Credit Union. Charlotte H. Cash was selected to the position after a nationwide executive search conducted by John M. See all stories on this topic » | ||
| Onsite Coverage: Mid-Size CU Financial Stress Prompted Proposed 'Troubled ... Credit Union Times During those joint exams, state and federal examiners disagreed on a credit union's CAMEL rating approximately 2% to 4% of the time. When the variation in scores determines whether a federally insured state credit union is troubled versus untroubled, ... See all stories on this topic » | ||
| Onsite Coverage: Corporate Assessment Will Send 335 CUs Into the Red Credit Union Times Credit unions with less than $10 million in assets will be affected the most, with aggregate ROA falling from 0.07% to -0.01%. Credit unions with $10 million to $100 million in assets will fall to 0.36% ROA, and the $100 million and up peer group will see their ... See all stories on this topic » |
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| Woman charged with robbing credit union | WIVB.com By Vic Baker A Chautauqua County grand jury has indicted a Mayville woman on a robbery charge. News | WIVB TV | ||
| Andrews Federal Credit Union selects Symitar Episys core system Maryland-based Andrews Federal Credit Union wanted an enterprise-wide technology platform that offered centralized data and more open functionality than available from its previous solution. It chose Symitar's Episys because of the ... Finextra Research Payments channel | ||
| Virginia Credit Union offers "Surviving Today's Economy" seminar ... By Ross Catrow Virginia Credit Union offers "Surviving Today's Economy" seminar. Virginia Credit Union will offer a free seminar on Surviving Today's Economy at the North Avenue branch of the Richmond Public Library, 2901 North Avenue. The seminar will ... North Richmond News | ||
| Clarksville Prudential agency acquired by Pentagon credit union arm By Geert De Lombaerde The real estate brokerage arm of Pentagon Federal Credit Union has acquired Clarksville-based Prudential Professional Realty. The move adds to six-year-old Prudential PenFed a team of some 60 agents who handled $155 million in sales ... Post Business | ||
| Feds provide $350k in funds to Winnipeg elder abuse program | Metro By Bernice Pontanilla Minister of State for Seniors Alice Wong announced $350000 to Good Neighbours Active Living Centre Inc., which is developing a program that partners with credit unions in Manitoba to prevent the financial abuse of elders. "Elder abuse is ... Metro | ||
| Dragon Boat Racing at Flathead Lake as Fundraiser, and Economic ... By Katrin Frye The Whitefish Credit Union Dragon Boat team recently met up at Flathead Lake Lodge in Bigfork to learn how to paddle, Dragon Boat style. "The position for your paddle is really weird!" Cindy Coats demonstrates this "weird" paddle position, ... | ||
| Thousands fall victim to text message scam again - abc27 WHTM By Jeannie Flitner Lonny Mauerer, CEO of Belco Community Credit Union said they would never ask members for their type of information, and wants to warn his members to disregard the text message. He advises to only call listed numbers for banks and credit ... Latest Headlines | ||
| Want to dump your bank? Good luck | The Best Rates By thebestrates Nearly one in five checking account customers considered switching banks or credit unions over the past 12 months, a Consumers Union survey of more than 1000 adults found. But less than half of them ended up making the swap because it ... The Best RatesThe Best Rates | | ||
| WHEN BANKERS CALL LAWYERS | DNA Seattle Blog By Alan Brown Vermont bankers have filed a complaint against VSECU (Vermont State Employees Credit Union) for their use of the words "bank" and "banking" in their marketing. It's ridiculous. No one doubts the dominate position of banks. But, credit unions ... DNA Seattle Blog | ||
| Survey: Consumers hindered from switching ... - Consumers Union "Unfair bank practices and rising fees are prompting more and more consumers to consider voting with their feet and taking their money to another bank or credit union," said Suzanne Martindale, staff attorney for Consumers Union, the policy ... Consumers Union - All Articles | ||
| CFPB Director Testifies on Consumer Credit Access | C-SPAN Other credit experts participating included: Douglas Fecher, president, Wright-Patt Credit Union, Fairborn, Ohio; Mark A. Calabria, director, Financial Regulation Studies, Cato Institute; Steven I. Zeisel, executive vice president and general ... C-SPAN Recent Events | ||
| CFPB Looking at Reloadable Prepaid Cards | SmartCredit Blog By John Ulzheimer It is much cheaper to find a local bank or credit union that offers free checking, instead of using a reloadable prepaid card. CFPB considering new rules. The Consumer Financial Protection Bureau is considering creating rules for loadable ... SmartCredit Blog | ||
| How does your state treat Christian free marketeers | RedState By davidadamsinky (Diary) Medi-Share members now send monthly funds to a credit union account the member and Medi-Share control jointly. The Kentucky Department of Insurance and the Supreme Court claim such an arrangement does not constitute direct ... RedState |
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| Images show credit union robbery suspect | The Columbia Daily ... Columbia police released three photos Thursday afternoon of a suspect in a Monday robbery of a credit union downtown. www.columbiatribune.com/comments/cr/73/118977/ | ||
| Credit Unions Improving Efficiency Learn to operate more efficiently to retain member benefits in a low rate environment. www.creditunions.com/article.aspx?articleid=5156 | ||
| Cosponsors Grow After Missouri Credit Unions Hike the Hill ... Missouri cosponsors to key bills affecting credit unions grew after Missouri credit union representatives make visits to Capitol Hill. Lawmakers added their names ... https://www.mcua.org/node/706 | ||
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