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.

Merit Credit Engine software helps credit unions and other lenders meet the October 3, 2016 compliance deadline for MLA regulatory changes affecting loans to active duty service members and their dependents. The NCUA has issued three regulatory alerts on the Military Lending Act.


Is Your Money In A Bank That's Doing Something Good With It? While there are still plenty of tiny credit unions out there, there are now at least 18 CDFI credit unions with at least a billion dollars in assets. Fast Company Magazine


Arizona

Authorities check vehicle for explosives on Tucson's east side The credit union was evacuated and some of the other businesses in the area did go into shelter-in-place for a few minutes. FOX 12 Oregon


Florida

Forza Motors Named 2017's Auto Dealer of the 1st Quarter by Compass Financial Federal Credit Union Plus he has the unique ability to find them great vehicles at the perfect price!" said Leo Acosta, President/CEO of Compass Financial Federal Credit Union. WBOC Salisbury


Georgia

NCUA Conserves Georgia Credit Union In order for Credit Unions to be successful, they need to focus on "how"... Credit Union Times


Hawaii

?Hawaii National Guard Federal Credit Union to merge with Aloha Pacific Federal Credit Union All employees of HNGCU will be retained and the credit union's branches in Diamond Head and Kalaeloa will join APFCU's network of seven branches on Oahu and one in Las Vegas. The Business Journals


Iowa

Police: Buyer lies on loan application, steals $41K Cadillac Credit union officials said Hollis received preliminary approval from Santander Bank to purchase a Mercedes Benz next door at Knopf the same day he bought the Cadillac, according to records. WFMZ Eastern Pennsylvania and Western New Jersey


Louisiana

Weather with Ben Just fill out the form and upload a short video telling us why you'd make a great Junior Weather Reporter! Weather With Ben on 7News Sunrise is sponsored by CSE Federal Credit Union. KPLC Lake Charles


Federal regulator seizes Shreveport credit union The NCUA took control of the credit union on Thursday and intends to provide uninterrupted financial service to its members, according to a letter on the agencys website. The Shreveport Times


Michigan

Credit union boss receives Distinguished Service Award During the last decade, Crist has built a culture at the credit union that is dedicated to service, teamwork, respect and fun, MCUL said in a press release. MLive.com


Credit union hosts groundbreaking for new branch in Farmington Hills It is the 14th branch of the credit union, which is based in Clinton Township. The Oakland Press


Everything you need to know about Android Pay In mid-December, the company added support for 31 additional rural banks and credit unions across the contiguous United States. Digital Trends via Yahoo News


New York

Scholarships given to 5 Jackson County students by CP Federal Credit Union The Partners in Education scholarships are part of CP Federal Credit Unions financial education program, The Vault. MLive.com


Second-Graders Learn About Money With ‘Kids' Credit Union The credit union has visited Lincoln School once a month since October to meet with students to help them better understand the real-life issues of money and savings. The Post-Journal


Edited Transcript of NCR earnings conference call or presentation 20-Apr-17 8:30pm GMT Teachers Federal Credit Union based in Long Island, New York has been a longtime NCR customer. Thomson Reuters StreetEvents via Yahoo News


Ohio

Kempton receives Outstanding Community Service Award Subscribed, but dont have a login? NEWARK - Ken Kempton received the 2017 TrueCore Federal Credit Union Outstanding Community Service Award at the company's 77th annual meeting held March 15. Newark Advocate


Oregon

Mix-up over decimal point results in $30,844 credit card charge Braunsten said Bank of America took the charge off his credit card but the money wasnt returned to his credit union account. KATU Portland


Pennsylvania

Police Looking To Identify Card Scammer Some of those scammed debit cards belonged to customers at Cacl Federal Credit Union in Pottsville. WNEP 16 Pennsylvania


Texas

April VIPeople: Education First Ribbon Cutting Pate, Brenda Jackson, Claude Guidroz and Ron Jackson at the Education First Federal Credit Union Administration Building Ribbon Cutting. Beaumont Enterprise


Virginia

Police search for armed man with face mask who robbed Virginia Beach credit union Around 2:45 p.m., a masked man entered the Chartway Federal Credit Union at 2089 General Booth Boulevard. WTKR Norfolk


Wisconsin

Altra Federal Credit Union hosts annual Easter egg hunt Altra Federal Credit Union hosted its 46th annual Easter Egg Hunt Saturday morning at its offices in Onalaska. WKBT La Crosse


Service Credit Union offers foreign currency Service Credit Union can also buy back many currencies at competitive rates. Seacoast Online


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