TUCSON, Ariz.–The credit unions that will be the “winners of tomorrow” have something in common, and it isn’t asset size, according to a panel gathered here that also offered its thoughts on everything from soothing pain points to people with thin credit files to what “goes a long way” with members.
WASHINGTON–The average member relationship at credit unions has increased by $10,000 over the past decade, according to an analysis by Callahan & Associates.
MADISON, Wis.–CUNA Mutual Group is reporting strong financials for 2022, ending the year with $5.2 billion in total revenue and $343 million in net income. The results come ahead of a rebranding for the company scheduled for this month.
MEMPHIS, Tenn.–In remarks to Inclusiv’s annual conference here, NCUA Chairman Todd Harper noted he had been able to visit the city’s National Civil Rights Museum, and said the work being done by minority depository institutions and community development credit unions is a way to carry on the legacy of Dr. Martin Luther King.
WASHINGTON—NAFCU has sent a letter to the CFPB outlining concerns over recent notices from the Bureau to credit unions that some data in Home Mortgage Disclosure Act (HMDA) Loan/Application Registers (LARs) over the past three years may be invalid.
MADISON, Wis.– Nominations have opened for the 2024 Herb Wegner Awards from the National Credit Union Foundation.
MEMPHIS–During its annual conference here, Inclusiv--along with Citi--announced the expansion of the Citi ATM Community Network to include participation by 14 new Inclusiv member credit unions.
WASHINGTON—In what has become an annual issue in Washington, CUNA said it is strongly urging Congress to pass long-term reauthorization of the National Flood Insurance Program (NFIP), while also stressing that flood insurance premiums must remain affordable.
SAN JOSE, Calif.–Excite Credit Union is reporting it has been chosen for two grants from the U.S. Treasury’s Community Development Financial Institutions Fund (CDFI Fund) totaling $3.1 million.
LITTLE ROCK, Ark.–Arkansas FCU is reporting it has completed its merger with the former Rheem Arkansas FCU.
