Saturday, August 4, 2018 Compensation Credit Union Practices Directors Tax Exemption CU Board Buys Season Tickets to Professional Football Team "Credit News 24" During the May 25 National Credit Union Administration Board meeting, it was disclosed that a small credit union used credit union funds to ...
Sunday, May 20, 2018 Credit Union Practices HQ Colorado and Kansas CUs Buy Corporate Office Buildings "Credit News 24" Elevations Credit Union (Boulder, CO) and Meritrust Credit Union (Wichita, KS) have purchased corporate office buildings. Office-supply chai...
Wednesday, March 28, 2018 Credit Union Practices Credit Union Statistics Overdraft Fees Statistics Median CU Overdraft Fees Almost Doubled Since 2000 "Credit News 24" The median overdraft fee at a credit union has almost doubled since 2000. According to research from Moebs $ervices, the median overdraft fe...
Tuesday, February 20, 2018 Credit Union Practices Legal MAPS CU Serving Oregon Marijuana Industry "Credit News 24" Jefferson Public Radio is reporting that MAPS Credit Union (Salem, OR) is providing banking services to marijuana businesses. The story note...
Saturday, February 10, 2018 Credit Union Practices Credit Union Statistics Statistics CUs More Likely to Offer Only One Checking Account "Credit News 24" A Moebs $ervices Study on Checking Account Types & Features found that credit unions in comparison to other depository institutions tend...
Wednesday, February 7, 2018 Credit Union Practices Lawsuit Legal Jury Awards Widow $580,000 After CU Freezes and Drains Funds in Her Account "Credit News 24" The Albuquerque Journal is reporting that a jury awarded a widow $580,000 in punitive and compensatory damages after Zia Credit Union (Los A...
Wednesday, January 17, 2018 Credit Union Practices Credit Union Statistics Federal Reserve 324 CUs Borrowed from Fed's Discount Window, Q4 2014 "Credit News 24" In the fourth quarter of 2014, 324 credit unions borrowed from the Federal Reserve's Discount Window. In comparison, 179 credit unions b...
Thursday, January 4, 2018 Credit Union Practices Field of Membership Mergers Association Provides Backdoor to Navy FCU Membership "Credit News 24" DepositAccounts.com is reporting that anyone can become a member of Navy Federal Credit Union (Vienna, VA), the country's largest credi...
Friday, December 29, 2017 Credit Union Practices More Than 110,000 Members at Summit CU Will Not Receive a Dividend Payment "Credit News 24" At Summit Credit Union (Madison, WI), not all member-owners are equal. The $2.6 billion credit union announced that more than 46,000 members...
Thursday, December 21, 2017 Compensation Corporate Credit Unions Credit Union Practices NCUA state chartered credit unions Corporate CUs Are Required to Disclose Executive Pay, Then Why Not All FCUs "Credit News 24" It is time for the National Credit Union Administration (NCUA) to require natural person federal credit unions to disclose senior management...