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.

Tuesday, September 30, 2014

Much Ado About Cash "They [Del-One Federal Credit Union] have a Better Life account that pays 2% on up to $25,000. Morningstar

 

Farmers Insurance Group Federal Credit Union Selects DNA and Integrated Surround Solutions ... A member-focused credit union that has been in business for nearly 80 years, FIGFCU was looking for an account processing platform to support the growing use of digital channels among its 45,000-plus members. ThomasNet

 

Backlash Brews as Banks and REITs Oppose FHLB Rule Change Dennis Pierce, speaking for the Credit Union National Association, told lawmakers that other proposed changes could restrict mortgage credit during a fragile housing recovery. Bloomberg

 

Capital Prepaid Services Launches BlazePaysSM Funds can also be added to the card electronically via a bank or credit union or through the Visa ReadyLink network, which is available at more than 50,000 locations, including Walmart stores. Business Wire

 

Auto lenders put car repos on remote Vead, who has a coffee cup that reads "The GPS Man," has been encouraging other credit unions to use the technology. CNBC

 

Tired Of Banks? Try A Credit Union Lets take a look at credit unions and what they have to offer. Investopedia

 

Free Financial Counseling Programs For Students If you have a credit union on campus, count on additional seminars and counseling. Investopedia

 

Certificates Of Deposit The married couple from the previous example can benefit from accounts at multiple institutions by setting up $1,000,000 in insured accounts at one bank (two individual accounts and one joint account) and then doing the same thing at a different bank or credit union. Investopedia

 

Tech CU Announces Financing Relationship With Tesla Motors Tech CU is among the first credit unions in the country to offer car loans for Tesla vehicles. Marketwire

 

Massachusetts

TruStone Financial Breaks Ground on New Flagship Branch in Golden Valley Chief Executive Officer Tim Bosiacki and Chairman of the Board Tom Alagna turned the first shovel of earth as the board of directors, KEY Credit Union stakeholders, general contractors and architects observed. Marketwire

 

Montana

ALANA LISTOE COLUMN: Women are great money managers This difference in self-confidence has an enormous impact on the financial planning industry. For years, the issue of financially healthy females has interested Sue Smith, president of Ravalli County Federal Credit Union in Hamilton. Missoulian

 

New Hampshire

Home Depot card hack outpaces Target in NH Paul Gentile, president and CEO of the New Hampshire Credit Union League, said retailers should be responsible for the costs that financial institutions sustain. New Hampshire Union Leader

 

Tennessee

Free Gas Friday Local credit unions, like Tennessee Valley Federal Credit Union, are doing this to help educate the community about the advantages of using credit unions. WDEF Chattanooga

 

Texas

Small business activity continues to pick up Lenders, from credit unions to alternative financing firms, have established niches, said Judith Collins, a senior business adviser at the Dallas Small Business Development Center who works with entrepreneurs on revenue and financial projections. Dallas Morning News

 

Wisconsin

Executive Producer Rhinelander-based Ripco Credit Union is taking a big step to protect its members. WJFW Rhinelander

 

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