Desert Schools Federal Credit Union, Phoenix, Ariz., has promoted C. Lee Brice to vice president of branch operations, marketing and business development; Carlos Pacheco to vice president of member support services; and John Wright to vice president of finance. U. S. First Federal Credit Union, San Francisco, has appointed the...
WASHINGTON - Credit unions are still maintaining a healthy price advantage against banks with new auto loan rates, but the lending competitor on the block they should have their eye on is the captive financing company. Credit unions' new auto loan rates came down 64 basis points the first six...
As credit unions foray further into the world of e-commerce, they take with them the same responsibilities for consumer protection that exist in the brick-and-mortar world of financial transactions. That's something a lot of credit unions are not keeping up with, according to a compliance expert who works with both...
MAYFIELD VILLAGE, Ohio - A Progressive Insurance telephone survey of 31,000 Americans finds that a large percentage of consumers are willing to cheat and commit crimes. The survey asked respondents not only how likely they would be to commit insurance fraud and other indiscretions if they knew they would not...
ALEXANDRIA, Va.-In a small ceremony on August 31, acting NCUA Chairman Dennis Dollar presented Shiloh of Alexandria Federal Credit Union (SAFCU) with a charter expansion from a church based credit union to encompass the entire Parker Gray section of Alexandria, Va., which is often referred to as the "inner city."...
MADISON, Wis. - CUNA Mutual Mortgage has entered into a nationwide partnership with Financial Freedom Senior Funding Corp. to expand reverse mortgage lending opportunities for credit unions and members. Under the joint marketing agreement, Financial Freedom, an affiliate of Lehman Brothers, will work through its regional office network to offer...
Navy Federal Credit Union President Brian McDonnell raises a number of points about the Renaissance Commission and its deliberations in an Aug. 22 article in Credit Union Times ("McDonnell blasts some Renaissance recommendations"). For the benefit of my colleagues and acquaintances in the credit union community, I would like to...
WASHINGTON - The Renaissance Commission still has some work to do to win over credit unions if the results of Credit Union Times' unscientific online voting poll are any indication. The poll ended on Sept. 1. A total of 89 votes were cast. "The 96 suggestions from CUNA's Renaissance Commission...
While our nation's policy-makers continue to wrestle over elements of the long overdue bankruptcy reform legislation, millions of consumers across the country are facing the daunting prospect of how to manage mounting personal debt. Consumers looking to avoid bankruptcy and regain financial stability are taking matters into their own hands...
BURBANK, Calif. - Vista FCU knows how to appeal to its members' auto buying fantasies. Buying a Lamborghini, Viper or Rolls Royce may be beyond most credit union members' dreams, but Vista FCU decided to tickle its members' mid-life crisis nerve to market its low 5.99% APR auto loan rates....