Valley Federal Credit Union Brownsville TX - Credit Union Harlingen - Page 25 of 29

America To Welcome New $100 Bill

Americans can expect to see the new, redesigned $100 note in October of this year, the Federal Reserve Board announced this week. The bill's revamped design was made public in 2010, but after difficulties in the printing process, the released date was postponed. One of the most important and noticeable features is the blue 3-D... read more


State CU’s Offer Aid to Town of West

The recent fertilizer plant explosion in the small town of West has inspired credit unions across the state of Texas to contact the Texas Credit Union Foundation (TCUF) in order to help fellow credit unions and members during their time of need. "In times of crisis, the Foundation is here to help our credit unions... read more


Financial Institutions Should Aim for More Personalized Service, Study Says

The majority of consumers are more willing to share personal information with their financial institutions in exchange for more personalized services, according to a new study by Cisco. The results from the study predict the future of retail banking, which will ultimately be identified by the degree of personalized services offered. "It might begin with... read more


Obama’s Student Loan Repayment Plan: What You Should Know

News about the student loan debt crisis is on the forefront of American media outlets.  Collectively, students surpass the $1 trillion debt mark attributed to high interest rates, rising tuition costs, and lower employment opportunities. More and more college graduates are facing monthly student loan payments that turn out higher than expected. The lack of... read more


CUNA and NAFCU Tackle Tax Exemption Rights

Credit union trade groups are headed to Capitol Hill to talk about federal tax exemptions as Congress takes on tax reform. They will address the House Ways and Means Committee about the importance of tax reform preservation. The Credit Union National Association (CUNA) and National Association of Federal Credit Unions (NAFCU) launched 11 bipartisan groups... read more


CU Vehicle Loans Still On The Rise

Credit union loan growth is still widely attributed to an increase in vehicle loans, according to April reports. The first few months of 2013 showed surprising growth in the loan portfolio that has credit unions excited about consumer behavior. Dave Colby, Chief Economist of CUNA Mutual was surprised by the vehicle loan portfolio's first quarter... read more


Bank Of America Settles With The NCUA

The Bank of America is settling another one of its mortgage related accusations in the amount of $165 million. The National Credit Union Administration accused the bank over shady sales of mortgage-backed securities to corporate credit unions. Bank of America stated that the settlement would be paid for by existing reserves. Since the financial crisis,... read more


Mobile Banking Is Trending

A total of 87 percent of adults in the United States own a mobile phone and 87 percent of smart phone users have accessed the internet through their mobile device during the last week. Taking into account these numbers, it only seems logical to bring mobile banking to a consumer market that is constantly on... read more


Credit Unions Report Increase In Hiring

According to a report released by CUNA, credit unions added a substantial number of new employees for the first time since 2008. The industry experienced a 2.9 percent increase over 2011 with the introduction of 249,399 full-time equivalent employees this year. To reach these conclusions, CUNA pulled in sources like the NCUA financial performance reports... read more


Credit Unions Still Have the Best Perks

According to a new report by Bankrate.com, almost three-quarters of the nation's largest credit unions still offer free checking account options for members, compared to 39 percent of regular financial institutions, or less than half of banks. The survey took into account the 50 largest credit unions based on total deposits between January 15 to... read more