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Credit Card Balances Hits 6-Year High

CU Times - Tue, 02/24/2015 - 12:22pm
TransUnion reports 157M consumers had credit cards in 2014.
Categories: Credit Union News

No Fed Rate Increase Anytime Soon: Yellen

CU Times - Tue, 02/24/2015 - 12:07pm
Federal Reserve chairman says an increase will be considered at some point on a meeting-by-meeting basis.
Categories: Credit Union News

On CUNA's radar: Patent 'troll,' cybersecurity info-sharing hearings this week

CUNA News Now - Tue, 02/24/2015 - 4:23am
As key credit unions issues are addressed in both chambers of Congress this week, CUNA will be engaged in the conversations and looking at how they might affect credit unions.2015-02-24T00:00:00-06:002015-02-24T10:23:46Z
Categories: Credit Union News

Marking America, Military Saves Week, NCUA releases new CU resources

CUNA News Now - Tue, 02/24/2015 - 4:23am
New financial education resources have been released online by the National Credit Union Administration, as part of efforts for America and Military Saves Week, taking place this week.2015-02-24T00:00:00-06:002015-02-24T10:23:46Z
Categories: Credit Union News

CU CEO confidence rebounds

CUNA News Now - Tue, 02/24/2015 - 4:23am
After a small dip in the third quarter, credit union CEO optimism has recovered, according to results of Catalyst Corporate FCU's Fourth Quarter 2014 Credit Union CEO Confidence Survey.2015-02-24T00:00:00-06:002015-02-24T10:23:46Z
Categories: Credit Union News

Leagues combat 'patent trolls' on many fronts

CUNA News Now - Tue, 02/24/2015 - 4:23am
Credit union leagues continue to combat "patent trolls," which have plagued credit unions and other industries for years with frivolous patent infringement claims.2015-02-24T00:00:00-06:002015-02-24T10:23:46Z
Categories: Credit Union News

Valentines' Day spending up say CO-OP, TMG, Saylent

CUNA News Now - Tue, 02/24/2015 - 4:23am
Research by three organizations serving the community-based financial institution industry reveals Valentine's Day-related purchasing surged in 2015.2015-02-24T00:00:00-06:002015-02-24T10:23:46Z
Categories: Credit Union News

Taupa Lithuanian Felon Forfeits $1M Lotto Ticket

CU Times - Mon, 02/23/2015 - 11:32pm
John Struna, sentenced to three years, plays the lotto to repay the $2.3M he stole from Taupa Lithuanian CU and wins $1M.
Categories: Credit Union News

Former League Lobbyist Sheehy Dies: In Memoriam

CU Times - Mon, 02/23/2015 - 1:29pm
John P. Sheehy Jr., served as the top lobbyist for the Colorado league for 30 years.
Categories: Credit Union News

Keys FCU Improves in Conservatorship

CU Times - Mon, 02/23/2015 - 12:41pm
The $117M cooperative’s net income quadruples as loans reach the $4M mark.
Categories: Credit Union News

Lake Michigan Takes Mortgages to Florida

CU Times - Mon, 02/23/2015 - 10:24am
The $3.5B credit union sets up a loan office in the Sunshine State to accompany migrating members.
Categories: Credit Union News

CUSO Debuts Whistleblower Hotline

CU Times - Mon, 02/23/2015 - 9:58am
Mid-Atlantic Corporate’s Sollievo teams up with Fraud Hotline to launch anonymous service.
Categories: Credit Union News

Nussle on Bloomberg: CUs best suited to meet consumers' financial needs

CUNA News Now - Mon, 02/23/2015 - 4:16am
CUNA President/CEO Jim Nussle refuted point-by-point longstanding misunderstandings about credit unions in an appearance on "Bloomberg Surveillance" Friday.2015-02-23T00:00:00-06:002015-02-23T10:16:38Z
Categories: Credit Union News

NCUA webinar highlights fair lending examination procedures

CUNA News Now - Mon, 02/23/2015 - 4:16am
A webinar hosted by National Credit Union Administration staff Friday gave credit unions a look at how the agency conducts fair lending examinations.2015-02-23T00:00:00-06:002015-02-23T10:16:38Z
Categories: Credit Union News

House Fin Services to hold monetary policy, FHA hearings this week

CUNA News Now - Mon, 02/23/2015 - 4:16am
The House Financial Services Committee Friday announced two hearings for this week: one to receive the semiannual report on monetary policy and the state of the economy from the Federal Reserve chair, the other to examine the financial health of the Federal Housing Administration.2015-02-23T00:00:00-06:002015-02-23T10:16:38Z
Categories: Credit Union News

Small biz lending resource center launched by NCUA

CUNA News Now - Mon, 02/23/2015 - 4:16am
A new Web page launched Friday by the National Credit Union Administration contains information about member business lending.2015-02-23T00:00:00-06:002015-02-23T10:16:38Z
Categories: Credit Union News

Mich league helps consumers reinvent retirement

CUNA News Now - Mon, 02/23/2015 - 4:16am
Only about half of Americans are saving for retirement through a work retirement plan, according to the U.S. Bureau of Labor Statistics. To help give Michigan residents the tools they need to better prepare for their golden years, Michigan credit unions, led by the Michigan Credit Union League, are doing their part to give people the tools to help them plan.2015-02-23T00:00:00-06:002015-02-23T10:16:38Z
Categories: Credit Union News

Ditch banks, turn to CUs to stretch finances: CSU columnist

CUNA News Now - Mon, 02/23/2015 - 4:16am
A recent column in a Colorado State University newspaper offered some sound financial advice to college students: Lose the bank, and head on over to a local credit union.2015-02-23T00:00:00-06:002015-02-23T10:16:38Z
Categories: Credit Union News

Drinking, Drama and Dangerous Liaisons

CU Times - Sun, 02/22/2015 - 4:29am
Employers must set appropriate parameters and be clear about employee expectations while representing the organization.
Categories: Credit Union News

Physical Branches Have Staying Power, FDIC Study Says

CU Journal - Fri, 02/20/2015 - 4:02pm
Online banking, ATMs and other advances have limited face-to-face transactions, but new Federal Deposit Insurance Corp. research says the brick-and-mortar office isn't going anywhere just yet.
Categories: Credit Union News

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