Number of Problem CUs Fell During Q3 2018 "Credit News 24"

The number of problem credit unions fell during the third quarter of 2018, according to the National Credit Union Administration. At the end...

Report: CU Business Loans Have Grown Rapidly in Post-Recession Period "Credit News 24"

The Federal Reserve reported that small loans to businesses have grown rapidly in the the post-recession period, according to a Report to th...

Cost of Funds for CUs About to Rise "Credit News 24"

Depository institutions need to plan for higher cost of funds, as higher interest rates cause depositors to shift to higher yielding deposit...

180 CUs Borrowed from Fed's Discount Window in Q3 2015 "Credit News 24"

During the third quarter of 2015, 180 credit unions borrowed from the Federal Reserve's Discount Window. In comparison, 166 credit union...

Consumer Credit at CUs Grew at a Slower Pace in August "Credit News 24"

The Federal Reserve reported that outstanding consumer credit at credit unions edged higher in August. Consumer credit increased from $411.7...

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...

CU Business Lending Posted Robust Growth in the Second Quarter "Credit News 24"

The National Credit Union Administration (NCUA) is reporting strong business lending growth at federally insured credit unions during the se...

Consumer Credit Surges at CUs in July "Credit News 24"

The Federal Reserve reported a strong increase in outstanding consumer credit union at credit unions in July. Outstanding consumer credit gr...