Non-interest income sources rising for credit unions

Non-interest income sources continue to emerge within the credit union industry with limited options for income reporting and composition on the 5300 Call Report.  Earlier this summer, Callahan & Associates surveyed 170 credit union executives from 40 states to gain insight into their current and emerging sources of non-interest income. The Non-Interest Income survey focused […]

Birmingham Chapter donates to support flooding victims in Louisiana

The LSCU this week announced its support of the NCUF’s CUAid disaster relief system, donating $2,500 to help Louisianans in need. Now the Birmingham Chapter of Credit Unions has announced it will donate $1,500 to the Louisiana relief efforts, said Derrick E. Ragland Jr., president of the chapter and president/CEO of  APCO Employees Credit Unions […]

70 senators ask CFPB to ease regulatory burden for credit unions

An overwhelming, bipartisan majority of 70 U.S. senators have added their voices calling on the Consumer Financial Protection Bureau (CFPB) to tailor rulemakings to protect credit unions from regulatory burden. The combined advocacy efforts of CUNA and state credit union leagues bring total congressional support from both chambers to 399 signers. LSCU’s advocacy team worked […]

VyStar Reality Fairs

Vystar Credit Union sponsors “reality fairs” at high schools through Northeast Florida to help students understand how financial decisions affect their lifestyle. Adrian Jones is Vystar’s high school coordinator for Clay, Duval and Nassau counties. I joined him as he spent three days with students at Fleming Island High School. Day one of the reality […]

South Florida credit unions write more loans as economy improves

More money is flowing into credit unions in Broward, Palm Beach and Miami-Dade counties as the local economy improves, according to the League of Southeastern Credit Unions & Affiliates. South Florida credit  canada-goose-outlet-online sale unions are writing more loans as their assets continue to grow, according to the League of Southeastern Credit Unions & Affiliates. […]