Benefits of Credit Unions

Benefits of Credit Unions

– ST. PAUL, Minn. – The Minnesota Credit Union Network’s (MnCUN) “Bankziety” program recently gained national attention after being mentioned in an article by The New York Times. The program, which spreads the word to consumers about the benefits of credit union membership, has been a creative and successful effort for MnCUN. Connie Kuhn, MnCUN’s director of communications, recently shared how the campaign is progressing. CU Magazine: [...]

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Credit union New York

Credit union New York

TIAA-CREF, Korean credit union get in on Mobil building action David Werner-led team closed on $900M purchase of 42-story tower in August TIAA-CREF and the Korean Teachers Credit Union acquired a $175 million loan on the Mobil building at 150 East 42nd Street. The financing is part of David Werner and his partners’ Midtown office tower, Bloomberg News reported. TIAA-CREF and the KTCU, which both manage teachers’ savings, are looking to [...]

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Texas Credit Unions

Texas Credit Unions

Nearly every credit union in Texas has been writing off tens of thousands of dollars, if not up to a million, the last several months and will face paying higher fees this year. That's because last week, the National Credit Union Administration took over Dallas-based Southwest Corporation Credit Union, which provides back-office transaction and investment services to nearly all of the state's credit unions. The takeover was months in [...]

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Shared Branching Credit unions

Shared Branching Credit unions

Rocky Mountain Law Enforcement Federal Credit Union has teamed up with thousands of credit unions around the world to offer you unmatched convenience! Through the CU Service Centers Network, you can perform many of the same services and financial transactions you would at RMLEFCU at any shared branching location. There are over 190 shared branching locations in the state of Colorado and over 4, 000 around the country. This cooperative [...]

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Massachusetts Credit Unions

Massachusetts Credit Unions

Outgoing Gov. Deval Patrick has signed into law a bill that would allow Massachusetts credit unions to branch out into other New England states. The signing was one of Patrick's final actions in office, as incoming-Gov. Charlie Baker will be sworn into office on Thursday. The bill, which becomes effective Oct. 1, would allow credit unions chartered in Massachusetts to expand their branching radius to 100 miles of the main office [...]

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