Why credit unions are charging more than banks for auto loans
Credit unions like to boast that they offer lower rates than banks, but many are bucking that trend to boost liquidity and offset other costs.
Source: americanbanker.com
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Lake Michigan Credit Union fires employee who formed labor union
Ivan Diaz, a former member service representative who led the unionization campaign for staff of the South Division Avenue branch last year, was fired on Feb. 1. He alleges his role in the campaign is the true cause of his dismissal.
Source: americanbanker.com
Amid fears of recession, credit unions predict strong lending in 2023
This year likely won't match 2022's heights, but executives expect loan growth to remain solid.
Source: americanbanker.com
Banks, credit unions battle it out in upstate South Carolina
Greenville, in particular, is attracting financial institutions enticed by its growing population and healthy business climate.
Source: americanbanker.com
Small California credit union approved for major membership expansion
Yolo Federal Credit Union has served only Yolo County, which has 221,000 residents, since 1954. It's now able to reach Sacramento County, which has 1.6 million people.
Source: americanbanker.com