MADISON, Wis.--Economic activity increased 3.9% in the third quarter, and credit union loan balances climbed 0.85% during October, according to new data released as part of CUNA Mutual’s Trends Report.
WASHINGTON—Next year auto sales will top 17 million units, oil will fall to $50 a barrel and consumers will rack up at least $60 billion in credit card debt, according to WalletHub.
ST PETERSBURG, Fla.—The Target data breach, one-year old Thanksgiving day, ushered in a wave of successful cyber-attacks on the U.S. that have elevated financial institutions’—and consumers—attention to card security.
BROOKFIELD, Wis.—Twenty-seven-million online U.S. households are now paying at least one bill from their phone, up nearly 70% over 2013, according to the seventh annual Billing Household Survey from Fiserv.
CHICAGO—Six credit union members snagged more than $30,000 in merchandise when given one minute to grab all they could.
PROVO, Utah - CUDATA.com has released its trendline analysis for data across the credit union community. The company offers an Online Credit Union Comparative Data Analysis System for individual CUs evaluate financial and productivity performance, but also releases quarterly analysis showing industry-wide trends.
ALEXANDRIA, Va. – NCUA has released its quarterly analysis revealing a state-by-state look at credit union performance data. It shows the median rate of loan growth continuing to rise at federally insured credit unions in the year ending Sept. 30, 2014.
BURLINGTON, Vt.—NorthCountry FCU is offering a successful income-advance program that not only keeps members away from predatory payday lenders, it builds strong ties with employer groups.
KALAMAZOO, Mich.— Educational Community Credit Union is reporting that a loan campaign that focused on Gen Y helped drive more than $8 million in loans over a 10-week period.
COLORADO—If NCUA turns down The Fourth Corner CU’s request for share insurance coverage, the world’s first credit union for the marijuana industry may turn to private insurance.