DES MOINES, Iowa—How does the “best credit union ever” brag without bragging? By having some fun with its TV commercials and using a creative URL it registered seven years ago.
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DETROIT—Credit unions that find their employees discussing the organization of a labor union need to recognize their right to do so and proceed carefully, according to one attorney.
DES MOINES, Iowa–COVID has created a different kind of long-term issue and challenge for many credit unions—big gaps in compliance skills in their staff.
CARMEL, Ind.—Due in part to an increased focus on indirect lending, credit unions are now seeing a marked rise in auto loan delinquencies and repossessions, according to one company.
LAKE FOREST, Ill.—At the same time the first-ever compilation of OD/NSF CUs at large CUs has been released by NCUA, other brand-new data show credit unions set a record for overdraft revenue during Q1, which will likely draw even more media and consumer group attention—but one economist contends they are off-target in their criticisms of credit unions.
WASHINGTON–In a highly unusual departure by a credit union community that almost always puts on a unified front, America’s Credit Unions said it does not support efforts by Navy Federal Credit Union to amend the Federal Credit Union Act in a way that would allow NCUSIF insurance to cover deposits at a military bank it operates
NEW YORK—The number of credit unions offering environmentally friendly products over the next six years is likely to double or even triple, according to Inclusiv, which received $1.87 billion in funding from the government to put toward the development of green programs.
ALEXANDRIA, Va.–Credit unions of more than $1 billion in assets collected more than $915 million in overdraft and non-sufficient funds fees during Q1, according to the first-ever compilation and release of such data by NCUA.
ALLEN, Texas—After reviewing data that revealed the majority of adults believe high school did not prepare them well to manage their finances, one credit union has built three “SMART Branches” it said are meant to address that issue.
WASHINGTON—Another expert believes the Supreme Court decision upholding the constitutionality of the funding structure of the CFPB will only embolden an already “aggressive” regulatory agency.