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.


Maryland

Backpack donation program strives to make sure students are ready for new school year The credit union has offices in seven Maryland counties and has provided backpacks in the past in each jurisdiction. CapitalGazette.com


Maine

New Dimensions Federal Credit Union welcomes New Director of Financial Education Verzoni will oversee the member financial literacy program by conducting trainings for existing Credit Union members, college students, high school students, and employee groups at local businesses. Bangor Daily News


Michigan

TruNorth awards Daren Giuchin with Neil Anderson Memorial Scholarship Anderson first became involved with the credit union in 1972 when he was elected to serve on the credit committee. The Mining Journal


5 key member benefits expected with Shoreline credit union merger According to credit union officials, all Shoreline employees were retained during the merger. MLive.com


New Jersey

School Supply Drive Helps Community Kids Get Ready For New School Year "As a community, we feel like we want to support their effort, they put in so much really for the benefit of everybody in educating our young people, that we really want to help them," says Joan Pugh, with First Financial Federal Credit Union. CBS Baltimore


New York

Ducks And Dragons The event was sponsored by a variety of businesses and organizations, including main sponsors Greater Chautauqua Federal Credit Union and the Chautauqua Region Community Foundation. The Post-Journal


Pennsylvania

Suspect sought for Mercer County robbery and Lawrence County attempted robbery Crime Stoppers has released surveillance images of a suspect and a car believed to have been used in the attempted robbery of the Wesbanco Bank in Lawrence County and a robbery of the Grove City Area Federal Credit Union on Friday. WFMJ Youngstown


Wisconsin

Altra Federal Credit Union hosts Teens and Money Seminar Altra Federal Credit Union hosted a Teens and Money Seminar on Sunday afternoon in Onalaska. WKBT La Crosse


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