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May 17, 2013

CEOs Upbeat On Economy For Members, Cautious For CUs

CU System
Credit union CEOs are upbeat about economic conditions for their members, but are more downcast about the operating environment for their own institutions, according to the results of Catalyst Corporate FCU's First Quarter 2013 CEO Confidence Survey. ReadMore

Filene: Top Factors In Consumers' Auto Finance Choice

CU System
Auto loan loyalty stems from more "high touch" factors, such as good member service, ease of contacting the lender and lender responsiveness, than from quantifiable factors, such as interest rates and down payment requirements, according to a new report from the Filene Research Institute. ReadMore

Cornerstone CU League Transitional Board Appointed

CU System
The Cornerstone Credit Union League has appointed a transitional board of directors. Member credit unions of the Arkansas Credit Union League, the Credit Union Association of Oklahoma and the Texas Credit Union League had voted to consolidate into the Cornerstone league, as of July 1. ReadMore

Ohio League: State Budget Still Absent Tax Reforms

CU System
Ohio's state budget bill is still being debated in the state's General Assembly, and so far it remains absent any major reforms that would impact credit unions' tax status, said the Ohio Credit Union League. However, "this could change at a moment's notice." ReadMore

TCUF Assessing Tornadoes' Impact On CUs

CU System
Staff of North Texas credit unions in the area of two tornadoes Wednesday in Granbury and Cleburne are reporting damage to their homes. The Texas Credit Union Foundation said it is ready to assist credit unions and their employees impacted. ReadMore

Idaho League Board Chair, Award Winners Announced

CU System
The Idaho Credit Union League elected a new board chair and a presented awards for outstanding professional of the year and outstanding volunteer of the year at the league's 77th annual meeting in Couer d'Alene. ReadMore

Camilla, Duchess Of Cornwall, Joins a CU

CU System
Camilla, the Duchess of Cornwall, has applied for membership at London Mutual CU in Peckham, England. ReadMore

CU System Briefs (05/17/2013)

CU System

DALLAS, Texas (5 17 13) Theresa Portillo, 44, former CEO of the defunct Women's Southwest FCU has been sentenced for the embezzlement of more than $3.4 million from the Dallas based credit union.  Portillo was sentenced to  six and a

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News Now LiveWire
@CFPB releases escrow rule tweaks, exemption map: http://t.co/u6DzTov7wO
16 hours ago
Reps. from the European Network of CUs & WOCCU met with European Union policymakers to advocate for several issues affecting European CUs.
18 hours ago
Univ. of New Orleans FCU transformed its Facebook page to engage fans rather using it as a tool for posting advertising and interest rates.
19 hours ago
The Michigan CU League endorsed U.S. Rep. Gary Peters (D-9) for the U.S. Senate, citing his legislative record helping orgs. such as CUs.
19 hours ago
Young CU members deposited about $25.2M into their accounts during this year's National Youth Saving Challenge, sponsored by CUNA.
21 hours ago