Advanced search

LA CROSSE, Wis.—Marine Credit Union said it has completed the acquisition of 10 branches from Old National Bank through a purchase agreement it announced earlier this year.

NEW YORK—It appears as if the CARD ACT has almost put an end to fixed-rate credit cards—once a staple among many credit unions.

ANAHEIM, Calif.–Forty-four percent of consumers say they are more likely to be  a repeat customer/member if they experience a “personalized” relationship.

ANAHEIM, Calif.–The perception might be they are too saddled with student debt to ever get out of an apartment or parent’s house, but the reality is one-in-three home purchases today are being made by Millennials—and for credit unions that means changing their approach to marketing home loans, according to one person.

ANAHEIM, Calif.–The complexity, risks and resulting potential costs to credit unions of commercial lending were readily apparent during a discussion here, with a warning issued as many CUs push LTVs even higher.

TUKWILA, Wash.—The $18.6-billion BECU has asked the state regulator to approve language that would allow it to keep the BECU name should it convert to a cooperative savings bank charter.

BETHESDA, Md.—A lawsuit seeking class action status has been filed that alleges Marriott Employees Federal Credit Union here is in violation of the Truth in Lending Act (TILA).

SEATAC, Wash.—The Northwest CU Association has taken a stand in opposition to any credit union retaining a name that suggests it remains a CU after it converts to any other kind of charter.

NEW YORK/LONDON/HONG KONG–It isn’t just credit unions warily watching emerging competition from fintechs and other players.

If you were to ask past credit union leaders—or those from any industry for that matter—most are likely to agree that approval seeking is not the mark of a good leader.