by GrafWebCUSO | Jun 8, 2017 | News
Credit unions accelerated consumer lending twice as fast as other financial institutions in April, primarily with the power of auto loans, the Federal Reserve reported Wednesday. Total consumer credit stood at $3.8 trillion on April 30, up 5.9% from a year earlier,...
by GrafWebCUSO | Jun 8, 2017 | News
The $5 billion Pennsylvania State Employees Credit Union in Harrisburg worked with undercover police investigation that led to the arrest of three Philadelphia men who allegedly used Instagram to steal from financial institutions. Pennsylvania Attorney General Josh...
by GrafWebCUSO | Jun 8, 2017 | News
When you get a relatively cozy credit union crowd together for two days in the heart of the credit union universe, some interesting things happen. On day two of Disruption ’17 by CU Water Cooler, in Madison, Wis. there was a sense of impending good coming to the...
by GrafWebCUSO | Jun 7, 2017 | News
The Republican staff of the House Financial Services Committee has recommended that the panel cite CFPB Director Richard Cordray for contempt, saying that he has failed to give the panel documents related to the agency’s probe of Wells Fargo Bank. House...
by GrafWebCUSO | Jun 7, 2017 | News
Debt-to-asset ratios tend to look similar for younger U.S. households whether or not the households have any retirement plan assets. For older households, lack of retirement plan assets correlates with terrible debt-to-asset ratios. Craig Copeland, an...
by GrafWebCUSO | Jun 7, 2017 | News
The $1.5 billion Achieva Credit Union in Dunedin, Fla., said Wednesday it is forming a national mergers and acquisitions consulting group to help credit unions buy banks. Achieva Merger Services will assist credit unions and banks in identifying suitable...
