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BNET Business Dictionary
- Credit Union
- a cooperative financial organization that provides banking services, including loans, to its members at low rates of interest
- Credit Union definition on BNET »
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- Credit Unions
- A credit union has many powers like to receive the savings of its members either as payment on shares or as deposits. The powers include: to make loans to members, to make loans to a cooperative society or other organization having membership in the credit union, to deposit its moneys...
- White papers 2003-06-17
- Car Loans: New Rules for Buyers
- Banks, car companies, and especially credit unions are now fairly keen to lend if you're creditworthy and have cash for a down payment. But the rules have changed on trade-ins. ...
- Articles 2009-07-07
- Can You Get Credit Now?
- Yes, lenders are starting to loosen up. But apply for a mortgage, refinancing, home-equity credit line, car loan, or credit card, and you'll quickly learn that the credit crunch isn't over.It's no secret that the Obama administration, the Fed, and Congress would love nothing more than to see banks start...
- Articles 2009-07-07
Additional Resources
- Local credit union mergers continue: Apple Valley Credit Union joins Richland-based Gesa Credit Union.
- Following two other local credit union mergers, Apple Valley Credit Union's merger with Gesa Credit Union will make it the third local merger since last spring. Following two other local credit union mergers, Apple Valley Credit Union's merger with Gesa Credit Union will make...
- Research articles 2004-06-01
- Grocery Store Credit Union to Merge with Another Credit Union.
- By Lisa Haarlander, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Sep. 21--Wegmans Federal Credit Union is merging with New York state's largest credit union to head off future financial difficulties. The National Credit Union Administration approved the merger of ...
- Research articles 2001-09-21
- Southwest Airlines Federal Credit Union Buys Rival, Opens New Office.(Knight Ridder/Tribune Business News)
- Nov. 9--EULESS, Texas--Southwest Airlines Federal Credit Union has purchased the former Menasco Federal Credit Union and opened the airline union's first Tarrant County office. Southwest is the third credit union to announce that it is opening offices in Euless or Bedford in 13 months....
- Research articles 2000-11-09
- In Ind., Hammond Federal Credit Union Merges into Tech Credit Union.(Originated from Post-Tribune, Gary, Ind.)
- Jun. 5--Bringing 240 new members and assets of $398,413 into Tech Credit Union, employees of Hammond, Whiting, Munster, Highland, Griffith, Schererville, Dyer, Cedar Lake and St. John offices of U.S. Postal Service can now join Tech Credit Union. Tech Credit Union...
- Research articles 1997-06-05
- Lending Solutions Expands Florida Credit Union Customer Base with Addition of Three New Clients
- ELGIN, Ill. -- Lending Solutions Inc., a provider of lending center services and consulting programs for financial institutions across North America, has expanded its Florida credit union customer base with the addition of three new customers: Eastern Financial Florida Credit Union (Miramar, Fla.), Florida Credit Union (Gainesville, Fla.) and MacDill...
- Research articles 2006-06-08
- Mission Federal Credit Union teamed up with the National Credit Union Foundation and the California Credit Union League
- Mission Federal Credit Union teamed up with the National Credit Union Foundation and the California Credit Union League to award three $10,000 grants to credit union members and their families who were affected by the October wildfires. Please send Giving items to contributing writer Joyce Glazer at jglazer@sdbj.com.
- Research articles 2008-08-04
- GM, Chrysler expand credit union loan deals
- NEW YORK ? Automakers General Motors Corp. and Chrysler LLC, along with a group of credit unions, said today that they are expanding to all 50 states programs that offer low-cost loans and special pricing incentives to credit union members. David Adams, president and chief executive of the Michigan Credit...
- News items 2009-08-07
- Credit union files to be bank; DFCU looks to diversify from Ford reliance.(DFCU Financial)
- Byline: Tom Henderson Dearborn-based DFCU Financial Federal Credit Union, the state's largest credit union with 160,000 members and assets of about $1.7 billion, filed with regulators Wednesday to make the conversion from a credit union to a mutua Byline: Tom Henderson ...
- Research articles 2005-12-19
- Ohio Senate may get credit union bill. (proposed federal insurance coverage for credit unions)
- Ohio Senate may get credit union bill Anyone looking to form a new credit union better hurry to avoid paying for federal insurance. State Sen. Richard Finan, R-Cincinnati, may introduce as early as this week legislation requiring credit unions chartOhio Senate may get credit...
- Research articles 1991-02-18
- Credit union roster continues to shrink
- The number of credit unions in Arkansas has shrunk to 75, down from 78 at the beginning of 2002. Gone are: * Yale Federal Credit Union, which served 96 employees of the shuttered Yale Hoist factory at Forrest City. Its $656,000 in assets were merged into Northeast Arkansas...
- Research articles 2003-02-10
- People's Alliance Federal Credit Union buys LI Federal Credit Union
- In mid-December, People's Alliance Federal Credit Union was on the receiving end of a phone call from the National Credit Union Administration in suburban Washington. The NCUA, an independent federal agency that regulates, charters and supervises federal credit unions, was concerned about the financial condition of a PAFCU neighbor, the...
- Research articles 2004-04-23
- The Coast Guard Federal Credit Union. (Mergers).(Brief Article)
- The Coast Guard Federal Credit Union has merged with the Pentagon Federal Credit Union in Alexandria, ... The Coast Guard Federal Credit Union has merged with the Pentagon Federal Credit Union in Alexandria, Va., adding 3,500 members to Pentagon Federal, which is the third...
- Research articles 2003-04-01
- State of the (Credit) Union.(ABA Chairman's Position)(United States. National Credit Union Administration)(Jeff Plagge of American Bankers Association)
- I RECENTLY HAD THE OPPORTUNITY of debating the former chairman of the National Credit Union Administration in front of a group of 2,000 credit union board members from throughout the country. It was a lonely experience, made comfortable by being on t I RECENTLY HAD THE...
- Research articles 2006-09-01
- Syntellect Leverages Experience to Drive Growth in the Credit Union Market
- PHOENIX -- Syntellect Inc., a leading provider of Customer Interaction Management solutions, has recently expanded further into the Credit Union market with more than twenty new customers including Anheuser-Busch Employees' Credit Union, America First Credit Union, White Sands Federal Credit Union, and Metropolitan Credit Union.
- Research articles 2007-07-05
- American Airlines Federal Credit Union celebrates new branch opening.
- M2 PRESSWIRE-11 November 2005-American Airlines: American Airlines Federal Credit Union celebrates new branch openingC1994-2005 M2 COMMUNICATIONS LTD RDATE:08112005 FORT WORTH, Texas - American Airlines Federal Credit Union AA Credit Union celebrated the grand opening of its new branch facility at ...
- Research articles 2005-11-11
- States act on credit union issues
- An attempt by an Iowa credit union to purchase a bank has been thwarted by regulators. Even without an application on file, the head of the credit union division of the Iowa Department of Commerce said that the agency would not have approved such an application. Regulators noted that the...
- Research articles 2003-04-01
- Visterra Credit Union Wins Prestigious Award
- MORENO VALLEY, Calif. -- Visterra Credit Union was recently notified of being selected as a winner of a prestigious CUES Golden Mirror Award for logo design. The Credit Union Executive Society, CUES is a Wisconsin-based, independent membership association for credit union executives worldwide. Its mission is to advance the professional...
- Research articles 2007-01-17
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