Advanced search

WASHINGTON–CUNA closed 2015 with just under $59 million in net revenues, approximately $1.1-million over what it had budgeted and $3.6 million over its year-end 2014 results.

WASHINGTON–CUNA’s affiliated credit unions have voted overwhelmingly in favor of a new membership model that gives CUs the option of belonging to the traditional CUNA/league model, or individually to either CUNA or their respective league. 

WASHINGTON—With longer-term auto financing becoming the norm as consumers seek to lower payments and address rising car prices, credit unions need to gain an even better grasp of the borrower, advises one automotive analyst.

HARRISBURG, Penn.–The Pennsylvania CU Association has named its Professional and Volunteer of the Year.

SCOTTS VALLEY, Calif.– Two credit unions have selected Intuvo, a provider of marketing automation software and a division of CU Direct. Entering into the new partnership agreements were the $1.6-billion Royal Credit Union in Wisconsin and the $462-million La Capitol Federal Credit Union in Louisiana.

ARLINGTON, Va.—The new “principle-based” member business lending rule is the focus of a June school by NASCUS, scheduled for New Orleans, for state credit union examiners and practitioners.

POTTSVILLE, Penn.–As the result of a $150,000 donation from CACL FCU, the Pottsville Area School Board has agreed to rename one of its sports complexes after the credit union and to promote the CU in other ways throughout the district, as well.

IRVINE, Calif.–A new analysis shows one-million borrowers regained equity in 2015, bringing the total number of mortgaged residential properties with equity at the end of Q4 2015 to approximately 46.3 million, or 91.5% of all mortgaged properties, according to CoreLogic.

ELGIN, Ill. – Lending Solutions Inc. (LSI) announced it has signed 12 new credit union clients for its collections outsourcing and payment reminder collections programs.