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Credit Unions follow industry in job cuts

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The credit union is federally insured by the National Credit Union Administration. Additional insurance of up to $250,000 on your savings accounts is provided by Excess Share Insurance Corporation, a licensed insurance company.

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That’s the result of not only more jobs but also a slowdown in job growth. The credit union industry, however, might be bucking that latter trend. As of March 31, 2017, credit unions employed 296,018 individuals. That is 2.6% more than at this point last year and 15.3% higher than the 256,729 the industry reported in the first quarter of 2012.

In reality, you have dozens of scores, some based on previous versions of FICO scoring models and others developed by the three big credit bureaus. And your score will vary by the lender’s.

Advocacy Updates Advocate Blog The Telegraph Comments & Position Papers Pending Comment Letters Model Law for Credit Unions European Network of Credit Unions Member Resource Center Learning World Credit Union Conference The Global Classroom World Council Young Credit Union professionals (wycup) global women’s Leadership Network Leadership.

From Business: Building Better Lives Credit Union of Southern California (CU SoCal) is a leading financial institution empowering those who live, work, worship, or attend school.

1. Physical cards are here to stay. for now As U.S. spending shifts online and mobile payments proliferates, there may be concern among credit unions about the future of physical cards. However.

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The top 100 credit unions also contribute the lion’s share of asset growth in the industry. In 2012, assets of the top 100 equaled $387 billion, or 38% of all assets held by the entire industry. The top 100 credit unions in 2012 added $28.7 billion in assets, accounting for 45.3% of the $63.4 billion gained by the entire industry last year.

 · ”This is a person who is an advocate for the credit union industry, and he is now in charge of monitoring the credit union industry,” says Craig Holman, a lobbyist for Public Citizen, which advocates for transparency in elections and government.