Depository institutions need to plan for higher cost of funds, as higher interest rates cause depositors to shift to higher yielding deposit...
Showing posts with label Credit Union Performance. Show all posts
Showing posts with label Credit Union Performance. Show all posts
Half of CUs Report Declining Year-over-Year Membership "Credit News 24"
The National Credit Union Administration reported that 50.3 percent of federally insured credit unions had fewer members at the end of the s...
Federally-Insured CUs Post Y-o-Y Double Digit Loan Growth "Credit News 24"
The National Credit Union Administration reported an increase in asset, loans, and shares at federally-insured credit unions during the seco...
Consultant: Service Charges Are Vital for CUs "Credit News 24"
Research by Michael Moebs, Economist & CEO of Moebs $ervices, found that credit unions are more reliant on service charges than other de...
Puerto Rico Oversight Board Certifies Fiscal Plan for Island's Credit Union Regulator and Insurer "Credit News 24"
The Financial Oversight and Management Board for Puerto Rico has certified a fiscal plan for the Public Corporation for the Supervision &...
Two Conserved CUs Have Wiped Out Their Net Worth "Credit News 24"
Riverdale Credit Union (Selma, AL) and Shreveport Federal Credit Union (Shreveport, LA), which were placed into conservatorship during the s...
Study Claims that CUs Lack Incentive to Control Expenses "Credit News 24"
Credit unions are less efficient than other depository institutions, according to research from Moebs $ervices. The study notes that banks a...
Consumer Credit at Credit Unions Grew at Slower Pace in May "Credit News 24"
The Federal Reserve is reporting on July 10th that outstanding consumer credit at credit unions grew in May, but at a slower pace than in Ap...
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