ARLINGTON, Va.—Credit unions in 2018 could see $600-$800 million in Corporate Stabilization refunds from monies paid to prop up the corporate system, according to a proposal the NCUA board approved Thursday
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BROOKFIELD, Wis.—Blockchain remains largely misunderstood among many in credit unions, but it has the potential to drive credit union growth by helping cooperatives meet consumers’ real-time speed expectations and better partner with fintechs, according to one analyst.
OTTAWA, Canada–Credit union leaders across Canada are dismayed, baffled and angry over a regulator’s decision that will ban them from using the words “bank,” “banker,” and “banking” in any way.
RIVERSIDE, Conn.—Higher repair costs for newer cars is driving up the cost of auto insurance and ancillary add-on products.
BIRMINGHAM, Ala.—The CFPB’s new rule banning the use of mandatory arbitration clauses in credit card and other financial contracts will mean more legal and compliance costs for issuers, who are expected to adjust pricing to get that money back.
RIVERSIDE, Conn.—It’s a bumper year for auto salvage auctions–thanks to all the new technology that’s being loaded into vehicles.
RIVERSIDE, Conn.—The automotive industry is undergoing one of its most significant periods of change, with technology advancing so quickly that new cars can seem outdated to buyers almost as soon as they’re driven off the lot.
CHICAGO–Credit union leaders from across the country wasted little time offering their views on the kinds of resources they are (sometimes desperately) seeking.
LAKE FOREST, Ill.—Deposits among all financial institutions in the U.S. at the close of Q1 reached their highest levels since 2006, just before the Great Recession, according to a new report that also reveals CUs are lagging behind banks on the deposit side.
CHARLOTTE, N.C.—There’s plenty of room for credit unions—and a lot of bricks and mortar—in a big bank market, according to one CU that has added 10 offices here in the last 28 months.