Author Archive

Americans Plan on Keeping Holidays Homey This Year

A new survey from credit card issuer Discover finds that Americans are looking to keep things simple, (and cheap), this holiday season.

Americans plan on entertaining at home and are even willing to ask their guests contribute, the survey found. Around half plan on hosting their Thanksgiving and Christmas day…

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Business Lending Up for New York Credit Unions

Credit unions in New York have really stepped up to help businesses over the last year, according to new data from the Credit Union Association of New York.

The association said that business loans comprised 14.3% of all loans at New York CUs by the end of June. This…

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Houston CU Pioneers New Interactive ATMs

A Houston credit union said it is the first institution in Texas to roll out a new interactive ATM technology from NCR. According to both organizations this is the first ATM that not only allows users to talk to a teller at the CU branch, but also allows the teller…

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Lehmann: Credit Unions Didn’t Cause the Financial Crisis

A new op-ed piece by journalist R.J. Lehmann gets right up in the face of big banks lobbying to take away the tax-exempt status of CUs by reminding everyone of who did – and didn’t – cause the financial crisis in the U.S.

Lehmann, writing in Politix…

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Credit Unions Band Together on $100 Million Solar Power Lending Initiative

Massachusetts-based Digital Federal Credit Union said it will lead a consortium of 36 credit union partners formed to support the residential loan program of California-based solar systems provider SunPower. The program may provide up to $100 million in loans for residential solar projects in the US.

According to…

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People Trust Their Credit Unions Over Banks, by a LOT

We’re talking Rebel Alliance vs Evil Empire differences in trust (well, almost), according to the findings of a new study by Kehrer Saltzman & Associates. The study found that CU members trust their credit unions over banks by a wide margin: More than 61% said they viewed their CU…

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America Sends Flowers to the World

Americans send more flowers and gifts abroad than any other people on earth, according to a company that handles such deliveries.

The company, Flora2000, offers international online floral and gift delivery to more than 190 countries. According to their stats Americans comprise 41% of the market, followed by the UK…

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Teens More Confident than Parents about America’s Future

Parents might be a bit more optimistic about the future if they would just listen to their teenaged kids. That is, if the results of a new poll are to be believed.

The latest quarterly Allstate/National Journal Heartland Monitor Poll reveals a generational divide in confidence, with many American…

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