MADISON, Wis. - Despite accusations that credit unions are losing their focus on serving the underserved, a recent study by the Filene Research Institute indicates that may not be the case. Based on an analysis of the Survey of Consumer Finances, an in-home survey of 4,309 households sponsored by the...
WASHINGTON - Auto lending continues to account for one of the major components of credit unions' loan portfolios, and CUs hold a strong market share-nearly a quarter, as of year-end 2000-of the total U.S. auto loan market. Still, as far as channels used by CUs to secure auto loans, indirect...
MADISON, Wis. - At press time, CUNA's Market Research Department released the 2001/2002 Credit Union Environmental Scan. Designed to facilitate strategic planning, the annual report surveys the credit union landscape in terms of demographics, marketing, finance and economics, technology, financial products and services, human resources, and legislative and regulatory issues....
JACKSONVILLE, Fla. - Add Jax Navy FCU's name to the growing list of federal credit unions that have broken rank and either already converted to a state-charter or have applications pending. Jax Navy FCU-the 15th largest credit union in the country with approximately $1.8 billion in assets and the second...
YUBA CITY, Calif. - Addressing the general concern among many volunteers that state league boards and policy committees representing credit union interests need better representation by volunteers, Sierra Central Credit Union, SAFE CU, Schools Financial CU and other Northern California CUs have been meeting to discuss the role of the...
MADISON, Wis. - CUNA Mutual Group has grouped together experts focused on protection needs to answer questions in its Credit Union Protection Response Center. Responsible for different geographic regions, the 20 trained specialists in the areas of risk management, claims and underwriting are expected to handle between 70-80% of initial...
HELENA, Mont. - Mick Karls would be hard pressed to think back on a time in his professional career that he wasn't involved with the Children's Miracle Network. Even before he officially joined CMN in 1995, Karls was actively involved with the Oregon League of Credit Union's CMN steering committee....
ARLINGTON, Va. - For the first time, NASCUS will host the upcoming quarterly meeting of prominent national state associations to discuss critical current state-related issues. Representatives from the National Governors Association, Conference of State Bank Supervisors, National Conference of State Legislators, National Association of Attorneys General, National Association of Insurance...
More than 400 delegates from 28 countries traveled to Paris last month for the World Council of Credit Unions' fifth International Credit Union Leadership Institute. Credit Union Times Overseas Correspondent Donna-Lane Nelson traveled to the City of Lights to cover the conference. For those credit unions who were unable to...
RANCHO CUCAMONGA, Calif. - After several months of logistical planning, CU Direct Corp. has moved its data center into a new 11,000 square-foot facility in Rancho Cordova, Calif. The new facility means CU Direct can consolidate the servers and other technology of the CUDL system from the various locations within...