Advanced search


PEWAUKEE, Wis. – Credit union professionals from the Midwest were provided with CU-specific economic insights as well as updates on fiscal policy, market opportunity, risk management, growth planning and more during Corporate Central’s 2019 Economic Outlook Conference here. The meeting was held at the Ingleside Hotel.

ATLANTA– A new study has found lending fraud financially hits smaller banks, credit unions and digital lenders at twice the rate of larger competitors, with fraud monetary losses for smaller banks amounting to 4.5% and 5.8% of overall revenue, compared to 2.9% for larger institutions.

MADISON, Wis.–The Worldwide Foundation for Credit Unions, the charitable arm of World Council of Credit Unions, said it is now distributing Project Storm Break funds to help two credit unions in The Bahamas repair infrastructure and replace equipment damaged by Hurricane Dorian.

FRISCO, Texas–The number of fintechs will surpass the number of credit unions within the next few years, according to one person, who advised CUs to recognize the $86 billion invested in fintechs during 2018 deserves attention.

WASHINGTON–Dozens of representatives from UNICRED–one of Brazil’s largest credit union systems—visited Washington this week to learn about the U.S. credit union system and explore “innovative strategies to improve member service” as part of a World Council of Credit Unions’ Global Classroom visit.

WASHINGTON—Mortgage production approached $2.0 trillion at year-end 2018, with credit unions accounted for $142.2 billion of that total, according to data from the recently released Home Mortgage Disclosure Act (HMDA).