BISMARK, N.D.—Credit unions in the Dakotas are bracing for the impact plummeting gas prices may have on their oil-boom economy.
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ALBANY, N.Y.—A restored train station once the hub for travel in this area is now home to State Employees FCU—which has packed this historical landmark with some high-tech financial services gear.
BOULDER, Colo.—For Elevations Credit Union, becoming the first credit union to win the Malcolm Baldrige National Quality Award isn’t the real accomplishment. Instead, the accomplishments have come in the changes it had to make before it could even apply for the award.
ALEXANDRIA, Va.—Pentagon FCU is allowing eligible members to extend their current car loan terms up to 24 months, and lower their monthly payment.
MIAMI GARDENS, Fla.—How did a $4-million credit union here come to process more than $1 billion in outgoing wire transfers and $984 million in remotely captured deposits in one year?
THE NORTH POLE—Looking to do a little post-holiday shopping for your credit union? CUToday.info asked select companies and solutions providers to credit unions to reach into gift bags and identify some products or services they’d suggest every CU give themselves for 2015.
LAKE FOREST, Ill.—The CFPB’s proposed rules on prepaid cards, which would re-categorize overdrafts as a loan, could potentially eliminate overdrafts, according to one analyst who believes if that happens CUs will feel the pinch more than banks.
SEATTLE—One of the first credit unions in this state to offer financial services to the marijuana industry has undergone its initial examination since the move, and said regulators and the credit union itself have learned some lessons.
CLARKSVILLE, Tenn.--Forget the banking industry. Dismiss IRR. Don’t even think about the compliance burden. No, the biggest threat to America’s credit unions in 2014 is clear—it’s America’s drivers.
BOSTON—A new report indicates that instant card issuance in branches will go mainstream by 2018, and that many FIs will begin ramping up for the service next year.