Advanced search

MADISON, Wis.—There are two culprits behind the significant slowdown in new and even used auto loan growth at credit unions this year, and the resulting decrease in interest income is creating a “handful of things to deal with,” says one expert. 

ST. PETERSBURG, Fla.–Consumers’ needs when it comes to payments are showing a shift in 2019, according to PSCU’s just-released “Eye on Payments” study.

DUBLIN, Ireland—In what is a significant move in this country some of Ireland’s largest credit unions have been given the go-ahead to roll out what are known as “full service current accounts” for members, representing a significant product expansion for some CUs.

MADISON, Wis.–The World Council of Credit Unions and CUNA are calling on House and Senate appropriators to increase funding for the USAID's Cooperative Development Program (CDP) to $17 million from the previous year’s $12 million.

LAS VEGAS– Investigative reporter John L. Smith is sharing his perspective on the Underground Voice, a blog hosted by Mitchell Stankovic & Associates related to its upcoming Las Vegas Underground Collision meeting on Oct. 26.

MAPLETON, Colo.– Two Colorado credit unions have announced plans to merge. Members of the $2.5-million Mapleton Public Schools Federal Credit Union have voted in favor of merging into the $1.55-billion, Denver-based Westerra Credit Union. The move has already been approved by both boards and NCUA.

APPLE VALLEY, Minn.– The Minnesota Credit Union Network (MnCUN)has launched the new Minnesota Credit Union Employee Benefits Plan. The plan was approved by the Minnesota Department of Commerce in late August and to date, the plan has received nearly 40 requests for quotes from member credit unions headquartered in the state, the MnCUN said. The Employee Benefits Plan was formally introduced during a reception at Wings Financial Credit Union.

WASHINGTON—The Consumer Financial Protection Bureau should eliminate data points required by its 2015 Home Mortgage Disclosure Act (HMDA) rule but not required by Dodd-Frank, according to CUNA, which submitted its comment letter to the CFPB on its advance notice of proposed rulemaking on HMDA data points and coverage.

SPOKANE, Wash.–There have only been three really significant changes in the history of mankind—and the fourth is underway, according to one person, who told an audience of CU execs they are going to see some extraordinary things in their lifetimes.