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Report: 60 Percent of U.S. Credit Unions Face Climate Risks

Report: 60 Percent of U.S. Credit Unions Face Climate Risks

by Diane McLaughlin | May 12, 2022 | Banking & Lending

More than 60 percent of U.S. credit unions could face risks to their businesses from the effects of climate change, according to a new report from Ceres and the Filene Research Institute. Ceres, a Boston-based nonprofit that examines sustainability challenges, said in...
Service CU Teams Up to Compete with Neobanks

Service CU Teams Up to Compete with Neobanks

by Diane McLaughlin | Nov 1, 2021 | Banking & Lending

With the pandemic shining a light on the challenges faced by households that lack banking relationships, four credit unions, including Service Credit Union, have joined together to launch a mobile app that they say could help address the problem. Massachusetts-based,...
New Credit Union Branch Features Hologram, Robot

New Credit Union Branch Features Hologram, Robot

by Diane McLaughlin | Apr 15, 2021 | Banking & Lending

While several banks have announced plans to reduce branch footprints in recent months, a credit union just across the state line in Lowell, Massachusetts opened a new branch that shows one way financial institutions might change how customers interact with...
Credit Unions Seek Growth in Complicated Times

Credit Unions Seek Growth in Complicated Times

by Diane McLaughlin | Oct 19, 2020 | Banking & Lending

While community banks point to their efforts during the Paycheck Protection Program as helping to expand their customer base, New Hampshire’s credit unions had a limited role in the small business lending program.  Even without much participation in one of the...
Refis Help Vault New Faces into Ranks of Top LOs

Refis Help Vault New Faces into Ranks of Top LOs

by James Sanna | May 24, 2020 | Banking & Lending

Loan originators across the Granite State were busy as bees in 2019, handling a 13 percent increase in the total number of residential loans and a 30 percent increase in refinances.  The Warren Group, publisher of The Registry Review, has compiled from its proprietary...
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