People Helping People Spotlight: STCU Steps Up with Low-Interest Storm Loans

When a deadly windstorm pummeled the Inland Northwest, STCU quickly offered members low cost emergency loans. The results: 200 loans and $1 million to “get it fixed.”

Consumer Reports Praises Credit Unions for Excellent Service, Low Fees

93% of credit union members reported being “Highly Satisfied,” compared with 69% of customers from the four largest national banks.

$1.8M in NCUA Grants Available to Low Income Credit Unions

The NCUA is making over a million dollars in grant money available to credit unions with LICU designation. The grants can be applied toward a number of priorities including computer modernization and financial literacy.

Forums Provide a Balanced Perspective on Policies and Procedures of Consumer-Friendly Overdraft Programs

Strategic Link strategic partner John M. Floyd & Associates how its work with the CFPB on overdraft practices has revealed a pattern regarding the use of overdraft protection and how account holders are affected by different practices.

Low Membership Voter Turnout Results in Failure of Montana First–Horizon Credit Union Merger

A board-approved inter-state merger with Washington-based Horizon Credit Union fails, with less than 20 percent of Montana First members voting.

Large Credit Unions Urged to Join Group of Washington Credit Unions Seeking Prize-Linked Launch

At least eight Northwest credit unions have expressed an interest in a collaborative launch of prize-linked savings programs in early 2012. Larger credit unions are being invited to join the effort.

CUs Must Prepare for Rising Interest Rates, says Berkeley Professor

It’s a central banker’s worst nightmare: The economy is stagnating with a weak labor market, yet inflationary pressures are building. How should CUs prepare?