Advanced search

Millennials control more than $200 billion in direct purchasing power, and are estimated to deliver a mortgage market of $900 million in the next year, with another $700 million in auto loans.

BELFAST, Northern Ireland–As credit unions in this city, the Republic of Ireland and Ireland prepare to host visitors from around the globe as part of the World Council of Credit Unions’ conference in this city this week, many find themselves defending their relevance following the release of a new report.

BELFAST, Northern Ireland–Credit unions from 55 countries around the world kicked off the World Council of Credit Unions’ World CU Conference here yesterday, discovering just how interwoven credit unions have been in a city that has suffered much strife in recent decades.

JACKSON, Mich.–Roger Harris was selected as the winner of the 2016 Indian Scout Giveaway by Michigan Community CU.

SAN FRANCISCO–Charge-off rates at some of the peer-to-peer lenders—companies that credit unions have watched warily as they “disrupted” the market–are on the rise, according to one report. But the companies are responding by saying the rates are not out of line.

FARMINGTON HILLS, Mich. –Member Driven Technologies (MDT) has announced the conversion of Helena Community Credit Union in Helena, Mont.

CHARLOTTE, N.C. – Source Technologies, a provider of integrated solutions for managing financial transactions and other secure business processes, announced that the $118-million North Shore FCU in Jericho, N.Y. has selected its Personal Teller Machine to enhance the member service experience at its branch locations.

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.

ALEXANDRIA, Va.—Within three months of launching a collaborative $750,000 veterans’ initiative with the Chrysler Liquidating Trust and the Department of Veterans Affairs, the PenFed Foundation has used the program to provide more than $160,000 in aid to veterans living in three major U.S. cities.

FREMONT, Mich.—Gerber Federal Credit Union CEO John Buckley was named the Michigan Credit Union League and Affiliates board chairman at the MCUL Annual Convention & Exposition in Detroit.