OVERLAND PARK, Kan. - Though it isn't releasing figures for competitive reasons, Corporate Network Brokerage Services, Inc. said that its year-to-date transaction revenue has exceeded its highest annual total in CNBS' 12-year existence. "To reach a record level of revenue is always an accomplishment. To do it less than two-thirds...
WASHINGTON-According to the Senior Loan Officers Opinion Survey on Bank Lending Practices, domestic banks' credit standards remain largely unchanged for residential mortgage loans over the past three months. Approximately 25% of the respondents, on net, reported an increase in demand for residential mortgages in the same period. The survey included...
Once again Mike Welch has exceeded my expectations! In his recent publisher's column regarding conferences and the avoidance of dealing with controversial issues, he described a feeling that I have had for years. The failure to address controversy doesn't simply stop at national meetings however. Our own state meetings have...
HARRISBURG, Pa. - The $1.6 billion Pennsylvania State Employees Credit Union is taking the paper out of its online home banking sign-up process through the use of e-signature authorization. Prior to this, PSECU members could fill out an application online, but they would later have to sign a paper document....
ARLINGTON, Va.-With several reports of a shrinking budget surplus, credit union and other community development financial institutions may have to settle for a compromise between the Senate and House VA-HUD appropriations bill allotment for the Community Development Financial Institutions (CDFI) fund. According to NAFCU Director of Legislative Affairs Charlie Frohman,...
First Financial Credit Union, West Covina, Calif., has promoted Robert Behrens to vice president of risk management. Riverside County's Credit Union, Calif., has named Ann Grafsky assistant vice president for strategic planning and Elaine Walker assistant vice president for branch operations. Redwood Credit Union, Santa Rosa, Calif., has named Renee...
HELENA, Mont. - Mick Karls would be hard pressed to think back on a time in his professional career that he wasn't involved with the Children's Miracle Network. Even before he officially joined CMN in 1995, Karls was actively involved with the Oregon League of Credit Union's CMN steering committee....
LAKE BLUFF, Ill. - If the Federal Reserve's annual bank fee study had included credit unions this year, credit unions would have blown the banks away. According to the most recent data from Moebs $ervices, Lake Bluff, Ill., the median fees at CUs are much more consumer-friendly than the median...
HELENA, Mont. - Tracie Karls doesn't know where the time has gone. Up until six years ago she was living in Oregon and working at various credit unions in the state. For the past six years Karls has been at the Utah League of Credit Unions, working her way up...
It is understood in the industry that retention of membership improves dramatically when each member participates in one additional credit union program. Ultimately, each credit union sets a goal to be each member's primary financial institution. Effective delivery will bring your institution a step closer to that goal. Meaningful programs...