by GrafWebCUSO | Jan 5, 2018 | News
The good news and bad news for lenders and the auto sales marketplace.
by GrafWebCUSO | Jan 4, 2018 | News
League offices and dozens of credit unions from the Carolinas to Maine were forced to close Thursday as a massive winter storm generated heavy snowfalls, below zero temperatures and hurricane-force winds that are expected to cause widespread power outages. The...
by GrafWebCUSO | Jan 4, 2018 | News
Even Pope Francis didn’t seem to enjoy 2017. During his New Year’s Eve prayer service, he said, “We humans in so many ways ruined and hurt it [2017] with works of death, with lies and injustices.” Yikes! I use this quote as an example, not to...
by GrafWebCUSO | Jan 3, 2018 | News
The nation’s largest credit union is a relatively small player in business lending, but a vender announcement Wednesday signaled Navy Federal Credit Union has aspirations to expand its portfolio, focusing on small businesses. Navy FCU ($83.7 billion in assets,...
by GrafWebCUSO | Jan 3, 2018 | News
Among the NCUA’s approved 25 mergers in November, four credit unions were consolidated because of their poor financial condition, including a Los Angeles faith-based cooperative that posted delinquency rates ranging from zero to 100% for more than five years....
by GrafWebCUSO | Jan 2, 2018 | News
The federal Credit Union Act is outdated and needs to be modernized, CUNA officials said Monday, in announcing a comprehensive effort to send a plan to Capitol Hill during the next Congress. “It’s been about 20 years since the Credit Union Act has been...
