News Archives

Revive and reengage member swiping & deposit activity

Revive and reengage member swiping & deposit activity

In a blow to our economy unlike anything we’ve seen before, spending has plummeted across all payment methods and has impacted nearly every category, except for necessities such as groceries. Most financial institutions are [...]

Welcome to your credit union

Welcome to your credit union

My first financial relationships after graduating from college were with a local bank in the community where I lived and the credit union where I worked. There was great similarity in the operation of the [...]

CUNA’s van Rijn discusses coronavirus loans with Forbes

CUNA’s van Rijn discusses coronavirus loans with Forbes

Around 80% of credit unions are offering some form of new loan for their members, CUNA Senior Economist Jordan van Rijn told Forbes recently for an article on coronavirus hardship loans. The article notes that [...]

New-home sales rise slightly amid the coronavirus pandemic

New-home sales rise slightly amid the coronavirus pandemic

New-home sales were up 0.6 percent from March's revised rate of 619,000 annualized units to 623,000 units in April. NAFCU Chief Economist and Vice President of Research Curt Long noted that although [...]

MED5 FCU kick-starts community mask initiative

MED5 FCU kick-starts community mask initiative

A South Dakota credit union CEO has leveraged a single donation into a community effort to provide supplies for frontline workers battling the coronavirus (COVID-19). Pam Brown-Graff was watching the local evening news April 5 [...]

CommonWealth One makes the most of staying at home

CommonWealth One makes the most of staying at home

These might be uncertain times, but that doesn’t mean down time has to be chalked up to lost opportunity. CommonWealth One Federal Credit Union($413.2M, Alexandria, VA) has turned to professional development as [...]