A Look At CU Growth On a State-by-State Basis 12/11/2015 01:01 pm ALEXANDRIA, Va.– Median loan growth in federally insured credit unions was 4.1% during the year ending Sept. 30, 2015, and all states reported positive growth, according to state-level data compiled by NCUA.
Pipers Piping? Swans-A-Swimming? Would You Make These Loans? Lenders Weigh In 12/20/2015 07:27 pm THE NORTH POLE—It’s getting tougher these days for a True Love to give gifts for the 12 Days of Christmas—to say nothing of the challenges for any credit union that might attempt to provide financing.
America First Donates 50 Turkeys to Middle School 12/11/2015 01:04 pm LAS VEGAS –America First CU, which has 13 branches in Southern Nevada, donated 50 turkeys to students of Gibson Middle School during the annual Turkey Trot event.
911 Called Before 2 People Discovered Having Sex In CU’s Office 12/20/2015 06:01 pm EVANSVILLE, Ind.—Two people here have been arrested after being discovered having sex inside a credit union.
Internet-Based Financial Technologies Getting Scrutiny From Financial Action Task Force 12/20/2015 06:01 pm NEW YORK—Internet-based financial technologies, a growing threat to credit union’s lending portfolios, are moving into the crosshairs of the Financial Action Task Force (FATF).
CFPB Takes Action Over Sales Of Personal Data 12/20/2015 06:02 pm WASHINGTON—The Consumer Financial Protection Bureau (CFPB) said it has taken separate actions against a company and an individual that resold sensitive personal data to lenders and debt collectors, allegedly exposing millions of consumers to harassment and deceit.
New Massachusetts Program Offering $30 Million For Solar Loans 12/20/2015 06:02 pm BOSTON–Massachusetts has rolled out a new incentive program to get state residents to make more use of solar power, and it is providing $30 million to local banks and credit unions in order to make loans. The funds are part of the state’s new “Mass Solar Loan Program,” which aims to have people own solar panels after installation rather than just lease them.
For 2nd Time In A Week, A Long-Time CU Embezzlement Is Exposed 12/20/2015 06:03 pm BILOXI, Miss.—For the second time in a week, a long-time employee of a credit union has been charged with engaging in a long-term embezzlement.
A Lesson for J.D. Power in How Satisfaction is Really Measured 12/13/2015 11:58 am Step aside J.D. Power; CUNA and the state leagues are about to give a demonstration in how you really go about measuring satisfaction.