CUNA Letter Details How CFPB Is Affecting, 'Harming' Credit Unions 06/01/2017 02:09 pm WASHINGTON–CUNA has submitted a letter to the CFPB detailing each of the ways the agency’s rulemakings have affected, “and in many cases harmed,” America’s roughly 6,000 credit unions and their 110-million members.
NCUA Data For Q1 Shows Total FICU Assets At $1.34 Trillion; Other Data Points Also Released 06/05/2017 08:07 pm ALEXANDRIA, Va.–Total assets in federally insured credit unions were up by $97 billion, or 7.8%, during the first quarter, while loans grew by $85 billion, or 10.6%, according to first quarter data released by NCUA.
Charter Oak Recognized by United Way 06/01/2017 03:07 pm WATERFORD, Conn.– Charter Oak Federal Credit Union received two Chairman’s Awards from the United Way of Southeastern Connecticut in recognition of Charter Oak’s longtime partnership with the Gales Ferry-based social services agency.
Why Captives Won't Be Backing Off Incentives 06/05/2017 08:08 pm ONTARIO, Calif.—Don’t expect the captive finance companies to back off their incentive offers. In fact, expect them to soon step up cash-back deals to address the growing number of trade-ins with negative equity.
BECU Shreds 115,000 Pounds of Documents 06/01/2017 04:09 pm TUKWILA, Wash.–BECU held free shred events at three of its financial centers in Federal, Way, Tukwila and Everett, Wash.
Chance For CUs To Further Increase Market Share 06/05/2017 09:02 pm ONTARIO, Calif.—Major banks retreating from subprime auto lending is not a sign serious delinquency issues are ahead with low-FICO borrowers, according to CU Direct.
Mixed Reactions To Latest Economic Numbers And What They Could Mean For Rates 06/05/2017 08:15 pm WASHINGTON–The latest economic numbers are being greeted by economists with mixed reactions.
Event Grows Larger Each Year 06/20/2017 03:34 pm JACKSON, Mich.—Women drive most household financial decisions, according to American 1 CU, which is why it spends $28,000 each year on its Women’s Expo, a community event that has grown larger each of the last 15 years.
Are You Inspiring In Your Career? Or Are You Drifting? 06/05/2017 09:59 pm Many of us have seen this from afar; some of us from close at hand.