JEFFERSON CITY, Mo.–In one small town where there really isn’t a facility at which a credit union might buy naming rights, one credit union is building its own.
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ALEXANDRIA, Va.—The NCUSIF rebate will lead to more loans at many CUs, while others acknowledge they have been in “robust discussions” over how to best use the funds, credit union CEOs are telling CUToday.info.
ALEXANDRIA, Va.—The NCUSIF rebate is arriving at just the right time for some CUs, many of which plan to use the unplanned-for funds to underwrite higher CD rates to stop deposit outflows as rates rise, in addition to investing elsewhere.
REDDING, Calif.—The number of wildfires in California isn’t a surprise to John Cassidy, but the size and intensity of the blazes are–and that’s affecting everything from the psychological stresses on members and employees to how his CU thinks about disaster planning.
ATLANTA—New data indicate subprime auto loans are declining, but it’s not the result of big banks such as Wells Fargo exiting the business as much as it is due to consumers’ improved financial status.
VERNON HILLS, Ill.—It’s trust in the credit union that drives member loyalty, and that loyalty in turn generates growth, and one CU believes it has uncovered the secret to building that member trust.
MADISON, Wis.—CUES says it has retooled its membership structure in an effort to help credit unions win in the war for talent.
AUSTIN, Texas–A one-of-a-kind gathering at which more than a dozen peer-group leading credit unions will reveal how they have built proven programs on everything from new member onboarding to lending to expanding relationships with current members is officially now just 30 days away.
SAN DIEGO—One CUSO is helping credit unions not only recover charged off loans, but also bring delinquent borrowers back into the credit union as members in good standing with sound FICO scores.
WASHINGTON–It was the culmination of eight years of lawsuits that included a stunning loss in the Supreme Court, and a final two years of hard work, desperation, intense grassroots member engagement, as well as a level creativity and effort unlike anything that had ever been experienced in the history of credit unions. And it marks its 20thanniversary today.