ONTARIO, Calif.—Across a handful of local regions within 13 different geographies of California and Nevada, the pace of auto lending growth at many credit unions is either slowing down or growth is outright sliding into negative territory, the California and Nevada Leagues reported.
Fresh Today
WASHINGTON–CUNA said it and the state league system will spend a record $7-million during the 2020 election cycle to support congressional candidates on both sides of the aisle.
At Hearing, Lawmakers Raise Concerns Around CECL; CUNA Sends Letter Warning of ‘Significant Concern’
WASHINGTON—Several lawmakers flagged the potential economic consequences of the current expected credit loss (CECL) standard and criticized the lack of understanding about its impact during a House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets hearing featuring Financial Accounting Standards Board (FASB) Chairman Russell Golden.
LANCASTER, Calif..–Edwards FCU has become the latest to post a senior executive position in CUToday.info’s The Gig.
PORTLAND, Ore.–USAgencies Credit Union in has named a new CEO. Effective Feb. 3, the $90-million USAgencies said Justin Olson will lead the organization.
DELRAY BEACH, Fla.–IBM Southeast Employees Credit Union will be changing its name effective March 2. The new name: iTHINK Financial Credit Union.
NAPERVILLE, Ill.–Alloya Corporate FCU has renewed its partnership for 2020 with Suze Orman, America’s Personal Finance Expert. As part of the partnership, Alloya will be sponsoring Suze’s popular Women & Money podcast.
CHILLICOTHE, Ohio–Following a $250,000 donation, Homeland Credit Union has obtained naming rights to a fitness center owned by the Chillicothe City School District.
CHESTERFIELD, Mo.–NewGround has launched a new website and refreshed brand it said will allow it to “go to market with a progressive, connected approach to deliver the next generation of design.
WYOMISSING, Penn.– Riverfront Federal Credit Union has purchased a new office building to meet its needs for expanded space, with plans calling for the facility to include a full-service café that will be open to the public.
