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Tag Archives: Credit Unions

Behind the Curtain of Today’s Top Credit Unions

Although it may seem like large lenders are the only ones that are on top of their game, there is another group of institutions that are making their mark in the industry. Editor's note: This select print feature appears in the February 2016 edition of MReport magazine, available now.

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What’s Eating Credit Unions?

Northwest Federal Credit Union President and CEO Chris McDonald discuss some of the hot-button issues affecting credit union in today's mortgage industry. Editors Note: If you want to read more about what today’s top credit union executives have to say about their businesses, be sure to catch the February 2016 print edition of MReport, where hot topics affecting credit unions will be explored in-depth.

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Credit Unions Report Significant 2014 Growth

Credit Union National Association (CUNA) revealed Friday that credit union memberships grew by 3.6 percent last year, the highest growth rate since 1994. Loan portfolios also saw a solid increase over the year.

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CU Trade Group Voices Opposition to Proposed FHLB Requirements

In a comment letter addressed to the Federal Housing Finance Agency's (FHFA) general counsel, Alicia Nealon, director of regulatory affairs for the National Association of Federal Credit Unions (NAFCU), voiced the association's opposition to the proposal, which she says would "disenfranchise over 1 million credit union member-owners."

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NCUA Targets Deutsche Bank in Securities Trust Suit

In a lawsuit filed earlier this week, the National Credit Union Administration (NCUA) charged Deutsche Bank National Trust Company with negligence in its role as trustee for 121 residential mortgage-backed securities (RMBS) trusts, leading to the collapse of five corporate credit unions.

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