CHAPEL HILL, N.C.—Financial advisors inside credit unions appear to be better positioned to adapt to the Department of Labor's fiduciary standard for qualified retirement accounts than those working inside banks, according to a new study.
Fresh Today
NEW YORK—Loan approval rates at big banks ($10 billion+ in assets) and small banks increased slightly in June 2016, according to a new report that also reveals credit unions experienced a small dip in loan approval rates last month.
ALEXANDRIA, Va.—PenFed Credit Union reported it is providing its 1.4 million members with free access to PenFed Career Connect, an online job search and career transition service valued at hundreds of dollars per individual account.
ARLINGTON, Va.–Prominent members of Congress and other leaders have been announced as speakers for NAFCU’s 2016 Congressional Caucus, scheduled Sept. 18-21.
LOMBARD, Ill.– Raddon Financial Group, a provider of financial industry research and trends data, announced its annual Raddon CEO Forum for large credit union executives will be held August 10-12, 2016, in Laguna Niguel, Calif.
CORVALLIS, Ore.–The $1-billion Oregon State Credit Union has selected Corelation to provide it with core processing solutions.
CEDAR RAPIDS, Iowa–The $930-million Collins Community Credit Union has announced plans to open five new branches in the Des Moines, Iowa market.
WICHITA, Kan. – Larry Damm, CEO at Skyward Credit Union, has announced his retirement effective the end of September, 2016.
EAST LANSING, Mich.–MSU Federal Credit Union has been named on Fortune’s 50 Best Workplaces for New College Grads list.
CINCINNATI—Leasing levels have reached the highest in history, accounting for about one in three new cars sold today.