JEFFERSON CITY, Mo. - The Credit Union Commission has scheduled November 28 for the briefing of the Missouri Bankers Association's appeal of the director of credit unions' field of membership expansion approval for Educational Employees Credit Union in Bridgeton. Director John Smith approval of EECU's application to expand its FOM...
aCORPUS CHRISTI, Texas - Just a few weeks after it was approved to convert from a federal to a state charter, Corpus Christi CU has filed an application with the state Credit Union Division to expand its field-of-membership to include five counties with a total population of nearly 475,000. The...
HOUSTON, Texas - R-E-S-P-E-C-T. Credit unions still don't get as much of it as they deserve when it comes to mortgage lending. Whether they've been burned in the past when credit unions were less experienced in the mortgage lending arena or whether they're simply creatures of habit in referring business...
COLUMBUS, Ohio - Ohio CUs are putting together a member business services guide to assist CUs that want to expand their services to businesses. The Member Business Services Task Force of the OCUL Service Corp. was established earlier this year. "We're responding to credit unions feeling the need to get...
HEATH, Ohio and INDIANAPOLIS - Hopewell FCU has joined the list of nearly 15 CUs in five states that have partnerships with Irwin Mortgage Corp. for the company to process, close and service first mortgages for the CU's members. Irwin Mortgage has relationships with CUs in Pennsylvania, Ohio, Michigan, Indiana...
PHILLIPSBURG, N.J. - Lower mortgage rates might be good news for consumers, but small credit unions that don't offer first mortgages are meeting the news with grimaces. It wasn't the loss of first mortgage business that had Susan Rodriguez, CEO of $23 million Baker FCU worried, it was the first...
ARLINGTON, Va. - Despite economic uncertainties and domestic and world events, an attractive interest rate environment is continuing to spur strong demand for credit union real estate loan products. Not only that, says NAFCU's October 2001 Flash Report, credit unions as a result of board limitations on real estate loan...
JACKSONVILLE, Fla. - The $115 million Government Employees CU of Florida, applied with the Florida Division of Banking to expand its field-of-membership to include Hillsborough County. GECU's FOM already includes Duval, Leon and Orange Counties. The CU's main office is in Duval County. GECU also already has a branch in...
NEW YORK - In advertising and public relations, it's called the FUD motivator - fear, uncertainty and doubt. Shortly before the events of September 11, Peter Francese, founder of American Demographics magazine, wrote an article predicting a coming boom in second-home ownership. That surge, he indicated, will be driven by...
