by GrafWebCUSO | Dec 12, 2016 | News
PSCU, a St. Petersburg, Fla.-based payments CUSO, announced this month that it will issue an annual tax-free patronage dividend of $29.6 million to its more than 850 owner credit unions for the fiscal year that ended Sept. 30. The cooperative’s revenue grew 5.5%...
by GrafWebCUSO | Dec 11, 2016 | News
Credit unions must intensely focus their attention during the opening months of the 115th Congress on regulatory reform or risk having their priorities lost in the mix of other issues, CUNA President/CEO Jim Nussle warned on Friday. “This Congress is going to be...
by GrafWebCUSO | Dec 9, 2016 | News
Charles Juska, former president/CEO of the $22.2 million Tazewell County School Employees Credit Union in Pekin, Ill., was sentenced Friday to three years in prison for bank fraud. U.S. District Court Chief Judge James E. Shadid in Peoria, Ill., also ordered the...
by GrafWebCUSO | Dec 9, 2016 | News
While many credit unions are expecting an 8% gain in auto loans next year, they’ll have to be nimble and quick to make those numbers in a tightening U.S. market, an industry analyst told credit union executives Friday. Sales growth is slowing for new cars. This...
by GrafWebCUSO | Dec 9, 2016 | News
The Credit Union Executives Society has prevailed in a lawsuit brought by a training company that alleged the professional organization shirked its duties in a marketing partnership, according to court documents. CUES was also awarded $884,315.70 in unpaid royalties,...
by GrafWebCUSO | Dec 9, 2016 | News
The $740 million VSECU in Montpelier, Vt., said Tuesday it has been accepted as a member of the Global Alliance for Banking on Values, an independent network of values-based banks, banking cooperatives, credit unions, microfinance institutions and community...
