Credit Union News

According to the latest reports, Credit Union membership and total assets have hit an all-time high. Earnings have improved, loans have increased, and deposits have grown even faster than lending, while delinquencies and charge-offs have remained constant, and member bankruptcy filings have decreased.




How to Easily Grow Your Checking Account Balance in Little Rock Michele Beasley, marketing director at Telcoe Federal Credit Union, encourages individuals to research the organization’s Kasasa Checking Account options and consider all the available benefits. GoBankingRates



Pima Federal Credit Union warning of latest check scam Included in the envelope is a cashiers check (blue and marbled in appearance) that BBB officials are reporting is from Pima Federal Credit Union, and are for between $1,200 and $3,000. KOLD News 13 Tuscon



DOWNEY GOOD also has many partnerships with local businesses, including Downey Federal Credit Union, shown here presenting GOOD with a check for $2,500. The Downey Patriot



3 Ways to Find the Perfect Cars for Sale in Miami Jetstream Federal Credit Union, for example, offers convenient auto advisor services intended to make the car-buying process easier. GoBankingRates


USF Federal Credit Union Raises a Toast to 2015 Each loan our credit union made helped an individual enter into a better financial situation than before they became a member.” In early 2015, USF FCU merged with Darden Employees Federal Credit Union located in Orlando. PRWeb



R.I.A. Federal Credit Union, Mallards Team to Fight Hunger Federal Credit Union for the River Bend Foodbank Challenge. OurSports Central



Firefighters closest to Csukas still in disbelief about crash that injured ‘sister’ Whitledge also set up a fund at the Evansville Firefighters Federal Credit Union for anyone who wants to contribute, but would rather do so in person. Evansville Courier and Press



Data breach at Golden Nugget may affect you "Look at your statement every day," said Clark Yelverton, president and CEO of CSE Federal Credit Union, who offered some advice to residents. KPLC Lake Charles



Jeanne D'Arc plans N.H. branch Credit unions that are federally chartered, such as Digital Federal Credit Union, already had the right to locate in more than one state. Lowell Sun



Andrews Federal Sponsors North Point High School Millionaire's Club “Andrews Federal Credit Union’s financial support goes a long way in helping them to realize those dreams.” The Millionaire’s Club is a complete financial skills program designed for delivery in a club-like setting at the high school level. PRWeb



Program helps students learn personal finance it’s self-driven and self-paced.” Amy Persyn, marketing manager for Extra Credit Union, said the institution’s efforts to help students understand finance, usually through in-house programs, dates to at least the 1980s. Macomb Daily



DCE Reality Fair builds financial skills Everest Senior High School participated last month in a Reality Fair, sponsored by CoVantage Credit Union. Wausau Daily Herald


North Carolina

Business Briefs: Blue Ridge Electric extends rate reduction Local Government Federal Credit Union announces the addition of Jordan Steady, general manager of Blue Ridge Vacation Cabins & Reality, to its Central Mountain Advisory Council that includes Mitchell, Avery, Watauga and Ashe counties. Watauga Democrat


New York

Separate Bank Accounts Will Help Protect Newlyweds DEAR READERS: I misspoke in response to an earlier question about whether bank and credit union accounts are covered to the same degree by the FDIC. Townhall Finance


United Nations Federal Credit Union to Support Unique Global Mission with Selection of DNA and Integrated Solutions ... The credit union oversees impactful social responsibility initiatives through the UNFCU Foundation, the UNFCU Global Sustainability Program and an array of global sponsorships. Business Wire



Managing Money Becomes a Family Affair When Deans teenage daughter got her first summer job, he visited his friend Dan, vice president/market manager at Franklin Mint Federal Credit Union (FMFCU). The Huffington Post


Westmoreland credit union branches teach money sense to students Credit unions in Pennsylvania 6,213. Daily Courier


Fitch Affirms Mid-Atlantic's Ratings at 'A+/F1+'; Outlook Stable They are also highly interconnected with credit unions and rely on short term funding and excess liquidity within the industry, which can be volatile. Business Wire


South Carolina

Founders constructing new regional office in Spartanburg Nash said the credit union has five branches in Spartanburg County. Spartanburg Herald-Journal



ORNL FCU Now Accepting Applications for B.A. Candler Scholarship Members of ORNL Federal Credit Union and members of their families who are enrolled or plan to enroll in the University of Tennessee at Knoxville and who are pursuing a 4-year degree are eligible to compete for this scholarship. WVLT-TV Knoxville


Mike Conley presented check to donate to sickle cell research A local credit union is hoping to make a difference, and they’ve teamed up with a Grizzlies star to do it. WMCTV Memphis



Banker who stole $826k gets 30 months in jail Dorothy Stegall Barnes, 56, was sentenced in US federal court for the northern district of Texas on Thursday on one count of embezzling from a federally insured credit union. Amarillo Globe-News


Ex-credit union employee in Texas gets prison for embezzling The 57-year-old Barnes, also known as Dorothy Stegall Newman, last September pleaded guilty to embezzling from a federally insured credit union. KTRE Lufkin and Nacogdoches


Killeen man accused of forging, cashing checks of man in Afghanistan But according to an arrest affidavit, it was Kopp himself who deposited the money on May 12, 2014, at a Navy Federal Credit Union ATM near Carolina Ale House in Killeen. KXXV Waco


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