Olan Jones: Born, educated and locally grounded
Each year end brings the retirement of credit union leaders who have served a generation or more expanding the cooperative legacy. One such exit at Eastman Credit Union in Kingsport, ...
The latest from John Pettit
Top 10 leadership posts from 2019
Well Christmas has come and gone and 2019 is down to its final few days. As we continue our 2019 community recap, today we look at the top 10 leadership ...
LSCU President/CEO Mike Mercer to step down Dec. 31
Mike Mercer, president/CEO of the League of Southeastern Credit Unions who served as president/CEO of Georgia Credit Union Affiliates for more than 30 years, will retire as of ...
Q3 GDP unchanged in final estimate; NAFCU predicts similar growth in 2020
According to the Commerce Department’s final estimate, the U.S. economy grew 2.1 percent in the third quarter, remaining unchanged from the second estimate. NAFCU Chief Economist and ...
Auto loan rejection rate nearly doubles in 2019: Fed survey
U.S. households’ credit experiences and expectations remained fairly stable in 2019 compared to 2018, but the rejection rate for auto loans nearly doubled from 4.5% in October 2018 ...
How, why 1 CU has priced its checking account
In a move to bring in new members and deepen relationships with existing account holders, one credit union is paying 5% APY on checking. But to get that very attractive ...
U.S. laws hamper medical marijuana banking options
With more than 150 investors contributing a total of $27 million to his company, Phil Goldberg still couldn’t get a loan from a bank. It’s not because the ...
How AI is revolutionizing the banking sector
Artificial Intelligence (AI) is becoming ubiquitous in recent years and its uses are seen in every industry from health, to travel, to banking, to hospitality and finance. According to the ...