FEDERAL WAY, Wash. - In a sale of charged-off loan portfolios totaling more than $5.1 million, 12 West Coast credit unions earned $232,000 with the promise of additional funds over the next three years. Credit unions in Washington, Oregon and California which participated in the sale earned 4.5 cents on...
WASHINGTON - CUNA President Dan Mica and other senior CUNA staff briefed Roger Ferguson, Vice Chairman of the Federal Reserve, on credit union health in the slow economy and a number of different credit union issues, according to CUNA staff who attended the meeting. "Senior Fed officials have relatively little...
MELVILLE, N.Y. -Groovecar Inc., a leading automotive resource and vehicle buying service, and 13 local credit unions have formed indirect lending alliance to bring credit union financing into area auto dealerships. Under the Credit Union Lending PLUS program (CUL Plus), credit union members will have access to auto financing for...
NEW YORK - H&R Block aims to expand its relationship with its customers beyond the annual tax-filing season by offering financial planning, home mortgages, brokerage services and private wealth management. This year, many tax filers also will get financial planning tips focused mainly on saving for their children's education and...
Granite City Steel & Community Federal Credit Union, Ill., own Cindy Schubert has been nominated as a possible candidate for Who's Who Historical Society. Founded in 1928, WWHS provides a comprehensive listing of professionals whose contributions shape and direct the destiny of nations. Army Aviation Center Federal Credit Union, Daleville,...
INDIANAPOLIS - FORUM Solutions and CUNA Mutual Group have entered into a marketing agreement that will enable FORUM to offer CUNA Mutual's consumer lending solution, LOANLINER. The core offering of FORUM Solutions, a CUSO of the $350 million Forum CU, is TAPS (Total Account Processing Systems), a suite of browser-based...
NEW YORK - The Lower East Side People's Federal Credit Union has opened the first ATM on Avenue C since the 1960's. The new ATM, which is the second independently owned ATM by LESPFCU, is open 24 hours, handicapped accessible, free for members and CO-OP Network cardholders and offers all...
OMAHA, Neb. - Credit unions here have donated over 800 recipes to include in Credit Unions for Kids' fundraising cookbook. The cookbooks are part of a statewide fundraising effort that will benefit Credit Unions for Kids. The cookbooks will feature not only the recipes, but also information about Nebraska credit...
SUFFOLK, Va. - Nansemond Credit Union is headed back to elementary school. The $3 million credit union has brought its Little Savers Club to Booker T. Washington Elementary School to teach students the value of savings. " I hope this is the first of many school/CU partnerships," said NCU CEO...
CUNA's News Now conducted an informal online poll during the week of Feb. 4 of which 98 CU respondents answered questions regarding whether there's been an increase in retirement planning inquiries from members since Enron Corp.'s troubles began. Here are some of the responses collected: Source for all charts: CUNA