by GrafWebCUSO | Dec 12, 2017 | News
Credit unions in Kansas, Georgia and Connecticut recently appointed new CEOs. Frank Shoffner was named president of the $790 million Credit Union of America in Wichita, Kan., the board of directors announced Monday. Shoffner will become president and CEO following the...
by GrafWebCUSO | Dec 11, 2017 | News
Sliced, diced or chopped, the numbers for 2017 so far seem to show credit unions are making more auto loans than other lenders and maintaining healthier portfolios. Experian’s “State of the Automotive Finance Market” report released Thursday showed...
by GrafWebCUSO | Dec 11, 2017 | News
Imagine being the owner of a small independent retail store. A majority of your revenue stems from holiday sales each year, but to prepare for the rush, you must order additional inventory and hire extra staff weeks before Halloween. Meanwhile, most of that revenue...
by GrafWebCUSO | Dec 8, 2017 | News
The NCUA may be forced to increase loss reserves for the Share Insurance Fund as the value of taxi medallions plunges, putting credit unions that made medallion loans at risk, NCUA board member Rick Metsger said Friday. “Prices for New York taxi medallions at...
by GrafWebCUSO | Dec 8, 2017 | News
Lauren Culp, manager of The Cooperative Trust, delivers a speech on millennial engagement. AUSTIN, TEXAS – That group of people everyone is sick of hearing about – millennials – and the application of AI in driverless vehicles were two hot topics at...
by GrafWebCUSO | Dec 8, 2017 | News
Kesha Kestler, a former accountant for the $1.3 billion Barksdale Federal Credit Union in Bossier City, La., was arrested last week for allegedly stealing nearly 50,000 from dormant accounts, including one of a deceased member, according to the Caddo Parish...
