NEW YORK–Delinquencies for at least one CU that makes taxi medallion loans in this city are way up, and may be a reason behind why a group of credit unions are petitioning a judge to grant an emergency hearing that could freeze the bulk of Uber’s business here.
BANNOCKBURN, Ill.–The $693-million Great Lakes Credit Union said it has joined an effort to offer special low-rate loans to assist its members who are state of Illinois employees whose payroll may be interrupted due to the budget impasse.
WASHINGTON–Credit unions are looking for the House to find a way to introduce or attach legislation in the Senate that would raise the statutory limit on the Small Business Administration’s flagship 7(a) business loan program, which has hit its statutory lending cap of $18.75 billion.
DENVER—The role of financial support in helping more women around the world achieve career success is addressed in a new white paper from The Members Group.
SAN FRANCISCO–While mobile proximity payments are just beginning to take off, mobile online retail payments made through apps and mobile browsers form a much more mature market, according to a new analysis.
COLUMBUS, Ohio—Seventy-two percent of college students are stressed about their finances, according to a new survey.
RALEIGH, N.C.–State Employees’ Credit Union has reached a new milestone, having passed the two-million member mark.
CORK, Ireland—Are Millennials not interested in mobile payments?
ALEXANDRIA, Va.–NCUA Chairman Debbie Matz has issued a statement following her testimony before Congress that seeks to clarify her response to one congressman’s question; a response that received a rebuke from both the congressman and from CUNA.
MADISON, Wis.–Credit union memberships grew a strong 378,000 in May, 0.37% from May 2015, while lending was up 1% for the month, just slightly below where it was one year earlier, according to new analysis released as by CUNA Mutual.
