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...

Study: CUs and Community Banks Face Serious Demographic Challenge "Credit News 24"

The Financial Brand recently commented that credit unions and community banks face the threat of generational obsolescence. TA study by FIS ...

How Underwater Are Medallion Loan Portfolios? "Credit News 24"

Medallion Financial's Form 10-Q filed with the Securities and Exchange Commission discloses how underwater its medallion loans are. Acco...

Consumer Credit at CUs Grew at a Faster Pace in March "Credit News 24"

The Federal Reserve reported that outstanding consumer credit at credit unions grew in March. Outstanding consumer credit increased by $4.2...

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...

Consumer Credit at CUs Grew by $4.2 Billion in January 2018 "Credit News 24"

The Federal Reserve reported today that outstanding consumer credit at credit unions grew by $4.2 billion to $386.2 billion for the month of...

Federally-Insured CUs Posted Strong Loan and Deposit Growth in 2017 "Credit News 24"

The National Credit Union Administration (NCUA) reported that federally-insured credit unions (credit unions) had strong deposit and loan gr...

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...

Study: Fee Income Surpasses Net Income at 76 Percent of CUs "Credit News 24"

For most credit unions, fee income exceeds net income. According to research by Moebs $ervices, 76 percent of credit unions have fee income ...

Over Half of the Credit Unions Reported Fewer Members Compared to A Year Earlier "Credit News 24"

While overall credit union membership continued to grow during the year ending in the third quarter of 2017, more than half of the credit un...

Consumer Credit at Credit Unions Grew by Almost $5.3 Billion in October "Credit News 24"

The Federal Reserve reported on December 7 that outstanding consumer credit grew at credit unions by almost $5.3 billion during October to $...

CUs Report Double Digit Year-over-Year Loan Growth "Credit News 24"

The National Credit Union Administration (NCUA) reported strong loan and deposit growth for federally-insured credit unions at the end of th...

Regional and Community Banks Top CUs in Customer Satisfaction "Credit News 24"

The American Customer Satisfaction Index (ACSI) reported that regional and community banks topped credit unions in customer satisfaction. Re...