In Liberia, WOCCU MicroLead Initiative Coming To Its End 06/02/2016 08:16 pm FOYA, Liberia – After several years working to bring Liberian credit unions up to international standards, the World Council of Credit Union’s MicroLead initiative is coming to an end.
Unintended Consequences From Payday Rule? 06/02/2016 08:22 pm WASHINGTON–Hold on just a moment—credit unions may not be as safe from the CFPB’s broad, proposed new rulemaking over short-term, small-dollar loans as had been initially hoped when the proposal was released.
Gerber FCU Awards Member $100 06/12/2016 10:47 am FREMONT, Mich. –Brenda Bice, at left, corporate branch manager for Gerber Federal Credit Union, awarded credit union member Barbara Burns, at right, with a $100 Visa Gift Card following a quarterly drawing of survey participants.
A Good Place To Begin Your Outsourcing 06/02/2016 08:20 pm Credit union leaders have a lot on their plate, from growing membership to streamlining operations and increasing profitability, while navigating an evolving marketplace made more complex by factors such as increased regulatory scrutiny, the digitization of lending services, and the need to resonate with millennials.
Workers’ Credit Union Selects Members Development Co. 06/12/2016 10:50 am MINNEAPOLIS, Minn.–The $1.3-billion Workers’ Credit Union is partnering with MEMBERS Development Company, a CUSO that facilitates collaboration through shared R&D and cost savings among some of the nation’s largest credit unions.
CU*Answers’ CUs Can Now Offer ‘Step-Down’ Line of Credit 06/12/2016 10:52 am GRAND RAPIDS, Mich.–Credit unions that are clients of CU*Answers can now offer a new “step-down” type of line-of-credit loan that combines the benefits of a long-term open credit loan with the flexibility of a revolving line-of-credit, according to the CUSO.
CUs, Ireland's Government, In Talks On Housing 06/12/2016 10:54 am DUBLIN, Ireland–Ireland’s government said it is committed to examining how the multi-billion euro deposits held by the Irish League of Credit Unions could assist in the delivery of social housing.
Teachers CU Continues Expansion 06/03/2016 10:37 am SOUTH BEND, Ind.–As Teachers Credit Union (TCU) continues to expand in central Indiana, opening of three newest branches in Greenwood, Noblesville and Westfield.