CEO Talks 'Key Decisions' That Have Driven Growth 06/17/2017 11:18 am HONOLULU–The world’s largest credit union may have added $60-billion in assets in 12 years, but its CEO says the secret to its success comes down to one premise: “Always do the right thing.”
Strong Labor Market Helps Boost CU Performance During April 06/11/2017 05:00 pm WASHINGTON—Credit unions last month continued their strong 2017 performance, with both lending and memberships growing in April, according to CUNA’s Monthly Credit Union Estimates.
Retail Card Companies Urged To Use More Transparent Promotions by CFPB 06/11/2017 05:01 pm WASHINGTON—The Consumer Financial Protection Bureau has sent letters to top retail credit card companies encouraging them to consider using more transparent promotions.
Total Lending At Credit Unions Grows Faster Than At Banks 06/11/2017 05:01 pm ARLINGTON, Va.—Total consumer credit has increased by an annualized 2.6% in April; meanwhile, consumer credit for credit unions rose 1.6% during the month – compared to a 0.5% increase for banks and 0.5% decrease for financial companies, reported NAFCU.
Maine’s CUs Help Override Governor’s Veto of Credit Union Bill 06/11/2017 05:05 pm AUGUSTA, Maine–With backing from this state’s credit unions and the Maine league’s legislative team, the Maine legislature has voted overwhelmingly in favor of overriding the Governor's veto of L.D. 1055, An Act to Update the State Credit Union Charter.
What Drove $268-Million Revenue Increase? 06/11/2017 06:10 pm LAKE FOREST, Ill.—For the first time since the Great Recession, overdraft revenue increased in the first quarter from the previous year-end quarter, in part due to pricing changes, a new report indicates.
LSI Reports Record-Setting Month For Loan Applications 06/21/2017 08:17 pm ELGIN, Ill.–LSI is reporting it broke records during May when it took more than 60,000 loan applications, the most the company has have ever seen in a one-month period.
AventaCares Participates in Heart Walk 06/19/2017 03:35 pm COLORADO SPRINGS, Colo.– AventaCares took part in the Colorado Springs Heart Walk benefiting the American Heart Association (AHA)
Attacks On POS Decline As Percentage of Overall Breaches; Attacks Cost $172 Per Stolen Record 06/21/2017 08:18 pm BASKING RIDGE, N.J.—Attacks on point of sale systems are declining as a percentage of overall breaches, according to Verizon.
America's Christian CU Sponsors Foster Children Benefit Concert 06/19/2017 04:39 pm GLENDORA, Calif.–America’s Christian Credit Union (ACCU) sponsored the second annual Foster Children Benefit Concert, an event organized by Glendora Community Church and hosted by Grace Church of Glendora.