Credit unions have a steady November

November is typically a slower month for credit unions, but the CUNA Mutual Group trends report finds a steady month with many positives. Loan growth was positive for the month with every asset size category of credit unions showing higher loan growth, year over year. Driving the growth was auto loans, home equity lines of […]

Treasury, NCUA to partner to double number of CDFI CUs

The National Credit Union Administration (NCUA) and U.S. Treasury Department will partner up to double the number of Community Development Financial Institution (CDFI) certified, low-income credit unions in 2016. The memorandum of agreement will be signed today. The Treasury Department works with the CDFI Fund to fund and support mission-driven financial institutions. Treasury Secretary Jack […]

New financial counseling video released by NCUF

The National Credit Union Foundation (the Foundation) has released a new video to showcase its Financial Counselor Training program also known as the Enhanced FiCEP Program and its benefits for credit union members. This video is comprised of numerous testimonials and provides an overview of the financial counselor certification program available for credit union organizations […]

Call Report data shows good 3Q growth

The first look at how credit unions performed in the third quarter came out on Friday. The NCUA Call Report data shows a major increase in loans, member business loans (MBLs), and membership year over year. Each also saw a healthy increase from the previous quarter. Credit union total loans stands at $769 billion, which […]

Image campaign ads continue strong online presence with nearly 1.3m views

The media buys for the 2015 Cooperative Image Campaign will be tapering down toward the end of November. Even though the campaign is nearing the end, the YouTube views of the shareable content ads continue to be strong. There have been close to 1.3 million views of the three “shareable content ads.”┬áThis is more than […]