The credit union will use the funds to expand access to affordable loans for families in need in their communities, and to increase financial education and outreach.
Nineteen percent of Oregon’s households have limited or no access to the financial system. Bank On Oregon is recruiting credit unions to help provide safe services to those consumers.
CALCOE Federal Credit Union is partnering with the National Credit Union Foundation and the Filene Research Institute to pilot two new products that it hopes will promote thrift and provide greater access to credit. One will offer affordable auto loans to credit-challenged consumers; the other will reward borrowers who make payments on time with rates that can go even lower.
The Affordable Care Act may be the most significant overhaul of the health care system since Medicare and Medicaid were introduced in 1965. It also ushers in a series of changes that employers such as credit unions must make, and a need for consumers to do their homework. Here’s a look at some of the myths and facts surrounding the new law, with help from NWCUA’s Strategic Link partner and benefits provider, The Trust.
In the ever-changing battle to deliver financial services to consumers, are you prepared to defeat retailers, mobile-network operators, card issuers and Web-based platforms? How will you navigate through the maze of options created by the Affordable Care Act? And how do you build a “virtual branch” to serve the digital needs of tech-savvy members? You’ll find the answers to those questions and more at Amplify, the Northwest Credit Union Association’s annual celebration of the credit union movement. Regular registration rates end Friday!
The SBA has issued a resource tool regarding the Affordable Care Act that may be helpful to credit unions and small businesses considering their health care options. The Compliance Center provides all the convenient links.
Credit unions partnered with nonprofit organizations promoting low and moderate income housing, have an opportunity to nominate advocates to a Federal Home Loan Bank Advisory Council. Nominations are being accepted for a three-year term beginning in early 2013.
Autoland, Inc. is celebrating its 40th anniversary in 2011. The credit union-owned cooperative continues to offer outstanding auto-buying service specifically tailored to credit unions.
FSCC along with CU Wireless, a CUSO of MaPS Credit Union, Salem, Ore, announced the release of MyCUAnywhere, offering mobile text banking capability to members of all CU Service Centers affiliated credit unions.