MADISON, Wis.–Credit unions are mistaken if they perceive loans to the unbanked, especially those who have only an Individual Taxpayer Identification Number (ITIN) as ID, as risky money losers, according to organizations that say just the opposite is true.
NEW YORK–The nation’s big banks approved small business loan applications at a higher rate in July than prior months, while credit unions continue to “struggle,” according to one new analysis.
WASHINGTON–There were three trends in credit unions worthy of note during the second quarter of 2020, according to a new analysis from Callahan & Associates.
BURBANK, Calif.–First Entertainment Credit Union has unveiled its new official Lakers Debit Card as part of its multi-year partnership with the NBA team. The credit union said members now have the opportunity to “preorder” the card and “show your love for all things Lakers Nation.”
SUFFOLK, Va.–Chartway FCU has opened two new NewGround-designed and constructed branches, one in Suffolk, Va., the other in Chesapeake, Va.
WASHINGTON—With the presidential election approaching, NAFCU President and CEO Dan Berger has sent a letter to President Donald Trump and former Vice President Joe Biden in which he shared credit union priorities.
ARLINGTON, Va.—As the pandemic continues, NAFCU has made all of its remaining 2020 conferences virtual events, the trade association announced.
WASHINGTON–Credit Union Student Choice, a provider of higher education financing solutions, announced it will host a three-part virtual Empower U this fall in place of its annual onsite event.
SYCAMORE, Ill.–Illinois Community Credit Union here has selected PSCU to provide it with credit and debit card processing support and services.
GRIMES, Iowa—Dupaco Community Credit Union said it plans to build a full-service “Learning Lab Branch” as part of a new development here, marking the CU’s first branch in Polk County, Iowa.
