Net income for the top 10 credit unions rose 18% in the second quarter with strong gains in interest and fee income despite a slowdown in real estate lending. An analysis of the latest NCUA call reports by CU Times show the largest credit unions based on assets...
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?
U.S. ATM Count Hits Half-Million Mark
The number of ATMs in the United States has grown to between 475,000 and 500,000, according to new data out this week from the ATM Industry Association. The trade group reported that the financial services industry has been adding more terminals after years of...
These People Pay the Most Overdraft Fees
(Bloomberg) -- Perhaps the most despised bank fee among consumers is the overdraft fee, an ugly $30 (or so) insult to your wallet. Many consumers have been hit with it at one time or another, usually when it’s the absolute last thing they need. The...
Texas Credit Union Switches to Private Insurance, State Charter
United Texas CU is now privately insured and converted to a state charter due to lower reg fees and flexible FOM.
6 Essential Aspects of Workplace Culture
Yet another study is showing that money isn’t the only thing that can make a worker stay — and it’s not even at the top of the list for many employees. The main ingredients to crafting a successful culture are purpose, opportunity,...
University Credit Union Names New CEO
The board of directors for the $616 million University Credit Union in Los Angeles said last week David Tuyo was named its new president/CEO. He succeeded Paul Yang who was appointed president/CEO at the $996 million Credit Union 1 in Anchorage, Alaska in December....