LOMBARD, Ill.—A good percentage of consumers prefer to receive small-dollar loans from their PFI, as opposed to a payday-type lender, indicates a new study that also shows interest in small-dollar loans is much higher among younger people.
Fresh Today
ORLANDO—A credit union won’t be truly successful without the CEO delivering “transformational leadership,” asserts one expert.
SAN FRANCISCO–Six months after an investigation was launched into the culture of Wells Fargo and how more than two-million bogus accounts were opened, the bank is preparing for the release of the report from the law firm conducting the investigation.
WASHINGTON–Both mortgage rates and the average time to close a mortgage loan (for Millennials) are down.
OMAHA, Neb.—A woman attempted to rob a branch of a credit union here using the drive-through.
WESTPORT, Maine–Maine’s credit unions have wrapped up their 6th annual “Young & Free Maine Sound-Off,” a music competition.
FAIRHOPE, Ala.–CU*South here reported that the largest credit union in the U.S. Virgin Islands has selected the CUSO as its new business partner to enhance member services and grow the credit union.
NORTH HAVEN, Conn.–Connex Credit Union here received three awards, including a “Best in Class” recognition, at the 2017 New England Financial Marketing Association Conference and Awards Show.
DERRY, Ireland–More than 1,000 members of Derry Credit Union here have been told they must withdraw their money because they exceed a deposit cap put in place due to sluggish loan volumes.
PARCHMENT, Mich.–Advia Credit Union and the Advia Foundation are making a $100 donation to Habitat for Humanity for every new mortgage application the CU receives from April 1-June 30.