MADISON, Wis.—Credit union loan balances grew at a 10.4% seasonally adjusted annualized pace in November, while savings balances grew 8.8%, according to CUNA Mutual Groups latest Trends Report data.
Fresh Today
CHICAGO–Credit unions across the United States have now returned more than $100 million to their members as part of bonus dividends and loan interest refunds based on their relationships during 2016.
LAS VEGAS, Nev.–Clark County Credit Union is paying a $3-million bonus dividend/loan interest refund to members.
SCOTTSDALE, Ariz.–A majority of community-based financial institutions expect technology spending to grow 1% to 10% in 2017 from last year as they look to improve the utilization of technology across digital banking, member/customer relationship management and IT systems, according to a new survey from Cornerstone Advisors.
WASHINGTON–For the first time a government-sponsored entity has agreed to guarantee the debt of an institutional owner of single-family houses.
DES MOINES, Iowa–To address the operational impact of new prepaid card regulations, a pair of payments experts from TMG has issued a white paper exploring the new rules.
CHICAGO–Another executive-level position has been added to CUToday.info’s free job posting board, The Gig.
WESTBROOK, Maine–The history of Maine’s credit unions is now on display via a video wall in the offices of the Credit Union Service Center here.
GRAND RAPIDS, Mich.–CU*Answers has launched a new automated ACH posting tool for its self-processing credit union data centers.
ARLINGTON, Va.—Praising a federal court’s rejection of a banking industry suit against NCUA and its member business lending rule, NAFCU Vice President of Legislative Affairs Brad Thaler urged House and Senate leaders to support further easing in regulatory burden for the nation’s credit unions.