GrooveCar Says Leasing Will Remain ‘Financing Of Choice’ In 2018 11/20/2017 07:55 pm HAUPPAUGE, N.Y.–GrooveCar is reporting it continues to see steady growth in its CU Xpress Lease program.
Fed Chair Yellen Submits Resignation 11/20/2017 07:55 pm WASHINGTON–Federal Reserve Chairman Janet L. Yellen has submitted her resignation Monday as a member of the Board of Governors of the Federal Reserve System, effective upon the swearing in of her successor as chair.
Two New Jersey CUs On Bad Ride With Medallion Loans 11/20/2017 07:56 pm WAYNE, N.J.—Two New Jersey credit unions with exposure to taxi medallion loans experienced additional deterioration in their financial performance, one analyst is reporting.
New CUNA Lending Council Executive Committee Named 11/16/2017 08:04 pm NASHVILLE—The CUNA Lending Council announced its 2017-2018 Executive Committee at their 2017 CUNA Lending Council Conference here this week.
Medallion Problems Jeopardizing NCUSIF Distribution? 11/16/2017 08:11 pm NEW YORK—Losses from taxi medallion loans to the National Credit Union Share Insurance Fund (NCUSIF) could jeopardize a 2018 distribution from the NCUSIF, one analyst is suggesting.
Hopewell FCU Opens Its Newest Office 11/09/2017 10:34 am HEATH/NEWARK, Ohio—Hopewell Federal Credit Union (HFCU) is opening its newest office in Johnstown, Ohio.
MECU Launches Diabetes Academy 11/17/2017 09:02 am BALTIMORE–MECU, Baltimore’s Credit Union, is promoting employee wellness this month with the launch of the MECU Diabetes Academy.
CU Tax Exemption Intact As Senate Committee Passes Tax Bill 11/17/2017 09:53 am WASHINGTON—The credit union tax exemption has survived the House tax bill, and now the Senate Finance Committee’s version of the legislation.
St. Cloud FCU Named a Best of Central Minnesota Winner 11/09/2017 12:03 pm ST. CLOUD, Minn.--St. Cloud Federal Credit Union has been named a Best of Central Minnesota Award Winner.