ONTARIO, Calif.—The CFPB’s focus on buy-rate financing won’t eliminate dealers’ ability to pass on higher loan rates to borrowers at their discretion, according to the National Auto Dealers Association.
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MADISON, Wis.—With some CUs reporting a doubling in card fraud, it’s time for credit unions to become even more vigilant—especially those that have not converted their entire card base to EMV, credit unions and experts are cautioning.
LAKE FOREST, Ill.—Net loans and leases of banks, thrifts and credit unions have grown only 1.3% year to year since their peak growth in 2007, according to a new study by Moebs $ervices.
FT. LAUDERDALE, Fla.–If it’s not here already, the “Zombie Apocalypse” is coming for credit unions, which are being unbundled by often-unrecognized competitors that are eating the pieces.
FORT LAUDERDALE, Fla.–Student loans, and especially refi’s, were at the front of the class as a loan opportunity for credit unions, offering low defaults, large balances and attractive margins, according to three people.
PALM DESERT, Calif.–Ken Rutkowski has a few questions for credit unions that he often poses to media companies. What is your product? Who is your member?
ALEXANDRIA, Va.—Credit unions serving the military report strong membership growth and that programs to help servicemembers battle payday lenders—and often their own poor financial habits—are having good results.
FORT LAUDERDALE, Fla.–“Emotional talent” is the “final frontier of professional talent,” and will be fundamental to any credit union that wants to not just survive but prosper in adverse markets, according to one expert.
LAKE FOREST, Ill.—What credit union has the best checking account in the United States? According to a new study, it’s $4.3-billion Police and Fire FCU in Philadelphia—which has more than two-thirds of its members using its service.
PALM DESERT, Calif–Bitcoin is going to be even more transformational globally than the Internet, according to one expert, who believes credit unions are positioned to benefit even more than big banks if they just leverage the advantage.