Businesses and new cars were the fastest growing loan sectors for credit unions in 2016 and loan growth is likely to remain strong this year, CUNA Mutual Group reported Monday. Credit unions held $892.5 billion in loans on their books Dec. 31, 10.9% more than their...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Filene’s War for Credit Union Talent: GAC
WASHINGTON - There’s a war for credit union talent. Filene Research Institute announced today, at the CUNA Governmental Affairs Conference, a $1 million grant from Visa to help with new efforts to attract and retain talent in the financial cooperative industry....
Content Drives E-Commerce: Study
Incomplete content deters almost all online shoppers from completing a purchase according to Irvine, Calif., Episerver's "Reimagining Commerce," a report that shows online shoppers with high expectations for e-commerce listings. The Episerver's survey of more than...
Father & Son Arrested in Two CU Robberies
A 51-year-old father and his 22-year-old son were arrested for allegedly robbing two credit union branches within three weeks in Henderson, Nev. Jeffrey James and his son Jessy James were charged with robbery and burglary by Henderson Police said Thursday. The men...
CU Professionals Make Career Advancements
This past week, nine credit unions across the nation shared announcements of new hires, promotions, retirements and in the case of one credit union, a long-time board member’s passing. WEST The $268 million San Diego Metropolitan Credit Union in San Diego...
PenFed Announces Third Merger of the Year
The $20.6 billion Pentagon Federal Credit Union in Tysons, Va. announced its third merger of the year Friday. Members of the $114 million Augusta Metro Federal Credit Union of Augusta, Ga. voted to merge with PenFed. “This was the best...