BOSTON–The loyalty of credit union members may prove “fickle” as the result of new technologies, according to a new study, which found more than a quarter of members saying they would move to another FI for product innovation.
Fresh Today
EDINBURG, Texas–Edinburg Teachers Credit Union has been released from conservatorship and returned by NCUA and the Texas Credit Union Department to member control with a new board of directors
WACO, Texas—The $146-million First Central Credit Union has agreed to buy the Marlin, Texas, branch of Citizens State Bank, which is headquartered in Woodville, Texas.
ELKO, Nev. -- Elko Federal Credit Union has announced a $500,000 bonus dividend and “community impact commitment.”
WASHINGTON–The Federal Reserve has issued a policy statement it said is designed to promote a level playing field for all banks with a federal supervisor, regardless of deposit insurance status.
GRAND RAPIDS, Mich.–In response to a proposal by the NCUA board during its December meeting to modernize regulations covering loan participations, eligible obligations and notes of liquidating credit unions, NACUSO has filed a comment letter saying the proposals will allow credit unions to remain innovative and to change lending markets.
BROOMFIELD, Colo.–In just the last week more than a dozen job openings in credit unions have been added to the CUToday.info free job board, the Gig.
MADISON, Wis.–CUNA has announced the theme for this year’s National Credit Union Youth Month in April: “Unleash the Power of Saving at Your Credit Union.”
WASHINGTON—The Federal Trade Commission is marking its annual Identity Theft Awareness Week with a series of free events this week focused on how identity theft affects people of every community and ways to reduce risk, the agency reported.
ARLINGTON, Va.—While new home sales rose 2.3% in December to 616,000 annualized units, sales were 26.6% lower than a year ago. In addition, November’s new home sales have been revised down 38,000 units.