Credit unions

Credit unions can't rely on the same old messaging this holiday season

12/08/20

Thanksgiving may have already passed, but there's still plenty of room for gratitude in member communications.

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7 takeaways from NCUA's 3Q data

12/08/20

Credit quality has remained strong at credit unions, but there are hints that some of them — especially the smallest ones — could report lackluster earnings well into next year, according to the National Credit Union Administration's latest intel on industrywide finances.

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Week ahead: Last-minute push for CARES Act extensions

12/07/20

This could be the final opportunity for Congress to extend a pair of key measures for credit unions that took effect earlier this year.

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A race against the clock to extend credit unions' liquidity backstop

12/07/20

Thousands of institutions could lose a safety net on New Year's Day if Congress fails to act before leaving for the holidays.

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Credit union-bank deals could pick up as pandemic recedes

12/04/20

Acquirers shelved plans to buy banks this year as the coronavirus became widespread but a combination of factors in the months ahead could spur the confidence to restart those conversations.

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Large credit unions deepen their stake in PPP lending

12/03/20

New analysis from S&P shows credit unions near $1 billion of assets and above continuing to dominate the industry's performance in the Paycheck Protection Program as some CUs dedicate a substantial portion of their portfolios to the effort.

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Largest state-chartered credit union in Mass. to grow via merger

12/03/20

Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.

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Veteran CEO of BlueOx Credit Union to retire

12/01/20

Fran Godfrey, who has spent more than 35 years at the Michigan-based institution, will step down at the end of January.

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PenFed CEO: 'Our platform is suitable for all of America'

12/01/20

CEO James Schenck says the institution's military focus means it must provide services for a group of consumers who move every few years. That has helped it focus more on mobile services and less on brick and mortar.

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NCUA bans two for embezzlement, larceny

11/30/20

The regulator issued prohibitions for former credit union employees in Virginia and Connecticut.

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