Over the last 10 years the deposits in the credit union industry have experienced solid increases. In June of 2015 the savings balances at credit unions hit a milestone and topped $1 trillion. As of June 2016, deposits totaled nearly $1.1 trillion and increased 7.3%...
Expectations for the next federal funds rate increase seem to change on a dime these days. Furthermore, it would seem by some that Federal Reserve Bank authority “media moments” only add to this uncertainty as they often seem to flip from day to day and depending on...
Box Elder County FCU is a $106 million credit union located in a rural and historically agricultural county in northwestern Utah. In recent years the credit union has performed well above average when measured by some of the most commonly used credit union metrics....
In June the NCUA board reviewed the recommendation by NCUA’s Office of Examination and Insurance to consider releasing a proposal in the coming months to incorporate an “S” to the credit union CAMEL Ratings. The Examination and Insurance staff believe the changing...
For the last five years, smallish Family Focus Federal Credit Union (Family Focus) in Omaha, Nebraska, has defied the odds. While most credit unions at its asset size, $31 million, have struggled, and many have given up entirely by merging with larger credit unions,...
