LAS VEGAS– New research released by TransUnion has found that credit unions continue to grow at a faster rate than other financial institutions, and Millennials are both a key driver and target market for sustained loan growth.
THE news
BAY CITY, Mich.–The Department of Justice has filed a federal lawsuit against a credit union here after it repossessed the vehicle of an enlisted man in the Army who was away on military training at the time.
WASHINGTON—The sixth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act brought about little reason to celebrate, according to NAFCU.
NEW YORK—Citibank has formed the Citi ATM Community Network, a pilot program providing more than 300,000 accountholders of participating minority-owned banks and credit unions with the ability to withdraw cash with no surcharge fee at Citibank branch ATMs in six major markets.
WASHINGTON—More than 20,000 CUNA members have weighed in with Congressional representatives to tell their credit union’s story as part of CUNA’s Member Appreciation Program (MAP)
WASHINGTON—Credit unions continue to offer the lowest-fee checking products that carry the best rates among branch-based institutions, a new report indicates.
WASHINGTON—The CFPB announced that its supervisory actions in the first four months of the year uncovered illegal activities in auto finance and payments that led to approximately $24.5 million in restitution to more than 257,000 consumers.
MADISON, Wis./WASHINGTON–CUNA has released the June 2016 edition of the CUNA Economic Update, a monthly video series covering recent economic developments and their impact on the credit union industry.
CHICAGO– A high response rate does not always equal marketing campaign success.
NASHVILLE–Every interaction between a credit union and its regulator is either a fairy tale or a war story, according to one attorney who said he has been through both and who offered advice for creating more of the former and fewer of the latter.