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...