ALEXANDRIA, Va.—While credit unions are pleased they will likely see a refund in 2018 from funds paid a decade ago to prop up the corporate system, some CEOs are not smiling after NCUA announced a proposed hike in the NCUSIF normal operating level to account for the risk to fund from the soon-to-be-included stabilization fund assets.
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HARRISBURG, Penn.—While most agree they are still in “wait and see” mode, should their credit unions receive a refund from the corporate stabilization fund, CEOs are saying they will look for ways to return it to members.
HARRISBURG, Penn.—Should refunds from the corporate stabilization fund be paid to credit unions in 2018, the funds will be put to good use, according to several CEOs who noted that when—or if—the money goes directly back to members will depend on capital positions at the time.
LAKE FOREST, Ill.—What’s the most popular checking account offered by financial institutions? According to a new study, it’s—by far—an interest-bearing account.
MADISON, Wis.—It’s “wait and see” as far as assessing the impact on credit unions from the CFPB’s new prohibition on arbitration agreements, according to CUNA Mutual Group.
SAN ANTONIO—The growth of indirect loans and the increasing need to turn those members into long-term, profitable accounts has more credit unions using personalized welcome messages and outsourcing the work, according to one company.
NEW YORK—Approximately 15 credit unions have partnered with a new equity crowdfunding platform to build their small business loan portfolios.
VIENNA, Austria–One of the stars of TV’s Shark Tank shared a very personal connection with credit unions, and offered some ideas drawn from his life he urged credit unions to not forget.
VIENNA, Austria–Technology may seem overwhelming, but there’s a way of approaching it in simpler terms by answering this question: What do cave men in 38,000 BC and today’s mobile phone carrying consumers have in common?
VIENNA, Va.–More than 1,500 people representing nearly 60 countries from around the world kicked off the World Credit Union Conference here with the sound of caution and encouragement, as well as a little Sound of Music.