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Ukrainian farmers get loan relief from credit unions worldwide - Vimarsana News

Ukrainian farmers get loan relief from credit unions worldwide

The country's agricultural industry is struggling with rising costs, disrupted shipping routes and bombed-out crop fields. The Ukraine Agricultural Loan Reimbursement Program offers to ease the pain by covering 10% of principal payments for ag loans.

PenFed completes first-ever auto loan securitization - Vimarsana News

PenFed completes first-ever auto loan securitization

Pentagon Federal Credit Union recently sold $460.3 million in securities backed by prime auto loans.

NCUA distributes additional $395 million for corporate credit union failures - Vimarsana News

NCUA distributes additional $395 million for corporate credit union failures

The National Credit Union Administration's Corporate System Resolution program began in the wake of the 2008 financial crisis to help the regulatory agency offset the failures of four corporate credit unions.

Merger of threequals: A scattered trio of credit unions joins forces - Vimarsana News

Merger of threequals: A scattered trio of credit unions joins forces

Pinnacle Credit Union in Atlanta, RVA Financial Federal Credit Union in Richmond, Virginia, and MUNA Federal Credit Union in Meridian, Mississippi, are combining into a single organization as a way to pool resources despite their lack of proximity.

Contact center vendor that favored credit unions bulks up to lure banks - Vimarsana News

Contact center vendor that favored credit unions bulks up to lure banks

Banks make up just 10% of the client base for Eltropy, which hopes to grow that number through two tech acquisitions that add video banking and artificial intelligence capabilities.