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July 28, 2014

CUs differ from banks in approach to subprime auto loans

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A July 21 article in The New York Times described how the subprime auto loan market has grown 130% in the five years since financial crisis, with roughly one in four new auto loans last year going to borrowers with credit scores at or below 640. Credit unions and banks approach the market quite differently. ReadMore

Neb. Hike the Hill focuses on reg relief

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Nebraska credit union advocates took their message of regulatory relief to Capitol Hill during a Hike the Hill event earlier this month. ReadMore

Maine league rallies volunteers for Michaud campaign

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The Maine Credit Union League is soliciting volunteers to help elect U.S. Rep. Mike Michaud (D-Maine) for governor. ReadMore

CUNA BSA training to reach 38 Mich. state examiners

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CUNA has been invited by the Michigan Department of Financial Institutions to provide CUNA Bank Secrecy Act training to 38 state examiners during a Department of Insurance and Financial Services training event later this year. ReadMore

Minn. league provides state-mandated elder fin. abuse training

CU System
Attuned to the devastating consequences of elder financial abuse, last week the Minnesota Credit Union Network hosted more than 50 credit union representatives at a forum focused on providing front-line staff the tools needed to identify and report instances of fraud. ReadMore

CUNA Mutual Group pledges $35K to Cooperative Trust

CU System
CUNA Mutual Group has committed $35,000 over the next year to The Cooperative Trust to support the future of credit unions. This new sponsorship continues CUNA Mutual Group's long-standing involvement with the trust and will increase leagues' efforts to engage young adults. ReadMore

CU System briefs (07/28/2014)

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WHITEFISH, Mont. (7 28 14) The 112 year old Flathead County Fairgrounds in Kalispell, Mont., has its first partnership, and it's with Whitefish (Mont.) CU . "This partnership allows Whitefish

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