LIVONIA, Mich.—A prize-linked savings program pioneered by the Michigan CU League and its subsidiary, CU Solutions Group, is expanding into other states.
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RALEIGH, N.C. – A new report identifies the top 10 credit unions by mortgage volume in each of four U.S. regions.
PLANO, Texas—Catalyst Corporate reported that since launch in 2014 its loan participation program has helped 41 CUs to buy and sell more than $100 million in loans.
WASHINGTON—The Pew Charitable Trusts has released new research that delves into an issue that will likely affect credit unions and who they serve: immigrant populations in the United States. Specifically, the research examines such growth from a geographic point of view.
ARLINGTON, Va.—NAFCU has opened its 2015 Annual Awards competition, which recognizes association member credit unions and individuals whose hard work personifies the dedication they have for the credit union industry, their credit union and community.
NEW YORK—Some 8.4% of borrowers with weak credit scores who took out auto loans in the first quarter of 2014 had missed payments by November, according to a Moody’s Analytics analysis of Equifax credit-reporting data for the Wall Street Journal.
CUPERTINO, Calif.—Apple said yesterday that six more credit unions are among the latest financial institutions approved for Apple Pay.
ARLINGTON, Va.—NAFCU ad CUNA continue to express concern that the Federal Housing Finance Agency’s (FHFA) proposed changes to its eligibility requirements for Federal Home Loan Bank (FHLB) membership will make it difficult for CUs to belong to the FHLB.
SOUTHFIELD, Mich.—The Michigan Credit Union League and Affiliates said it has now received $5.25 million in commitments to its Develop Michigan Real Estate Fund (DMIRF), and expects to have between $11 million and $17 million by the final closing date in March.
WASHINGTON—CUNA reported that its PAC, the Credit Union Legislative Action Council (CULAC), finished the 2013-2014 election cycle with a record $4.43 million, a 13% increase over the 2011-2012 total of $3.9 million. It is now starting the 2014-15 election cycle with $464,000 available.