NYC Task Force Proposes Relief Plan for Taxi Medallion Owners, Including Reworking Loans 05/19/2022 10:02 am NEW YORK CITY–A City Council task force addressing the taxi-medallion loan crisis plans to recommend creating an app to make yellow cabs more competitive with Uber and Lyft, call for the introduction of flexible pricing, and for the rescue of medallion owners who can't meet their loan payments.
Declining Medallion Values Continue To Mean Losses For CU In Conservatorship 05/19/2022 10:09 am BRIARWOOD, N.Y.—Plummeting taxi medallion values continue to make things tougher for taxi lender Melrose Credit Union here.
Another Taxi-Medallion Lending CU Reports Mid-Year Loss 05/19/2022 10:05 am NEW YORK—After posting a profit for the first quarter of 2018, taxi medallion lender Progressive Credit Union reported a mid-year loss of almost $18 million.
HOPE Enterprise Plays Role in Hospital Expansion 05/19/2022 10:04 am RIPLEY, MISS. —HOPE Enterprise Corp., an affiliate of Hope Credit Union, played a role in the opening of Tippah County Hospital’s new 56,000 square-foot facility.
Center Parc CU Leads Fin Ed Effort 05/19/2022 11:04 am ATLANTA–Students at Maynard Jackson High School recently ended their school day with a deeper knowledge of real-world finances following visit from Center Parc Credit Union’s development coordinator, Aneka Battle.
DakCU Names CUSocial Good Winners 05/19/2022 12:04 pm RAPID CITY, S.D.–During the Dakota Credit Union Association (DakCU) awards banquet, two Dakota credit unions were recognized for their outstanding social impact achievements.
