February 23rd, 20181221The Georgia credit Union League joined the Credit Union National Association and the National Association of Federally-Insured Credit Unions in filing an amicus brief defending a credit union hit with a lawsuit over overdraft services.
The amicus brief was filed with the U.S. Court of Appeals for the 11th Circuit to defend LGE...
February 23rd, 201831374At least four Georgia credit unions have joined 31 other credit unions nation-wide that have partnered with online car dealership Carvana in the last few months.
"Our model is aligned with credit unions," said Chief Product Officer Dan Gill in a Credit Union Journal article. "We roll out our business one market at a time. We do...
February 23rd, 201833142Coosa Valley Credit Union recently weighed in on the pros of taking out a personal loan through a credit union.
"Credit Unions operate differently from banks," the credit union asserted in a column that ran in Coosa Valley News. "They are not-for-profit organizations that usually serve a specific community. Being not-for-profit means...
February 23rd, 20180123Nearly a dozen Illinois credit unions are now taking advantage of a loan program offered through a CUSO developed by Georgia Credit Union Services and three Georgia CUs, according to a CUInsight article.
Up until recently, state-chartered credit unions weren't allowed to invest in these sorts of loan pools.
The CULS Loan Program...
February 22nd, 20180105CUNA President / CEO Jim Nussle recently weighed in against a bill in Iowa senate that would place an additional tax on credit unions.
Senate Study Bill 3197 would raise taxes on Iowa credit union members and reduce taxes on banks an their stockholders — many of whom do not live in the state. Nussle wrote a letter to Iowa Senate...
February 22nd, 20181133Expectations the Federal Reserve will pick up the pace of raising borrowing costs lifted Treasury yields and the U.S. dollar Thursday — while dampening gold futures.
Market Watch reported that April gold fell $5.80, 0.4 percent, to $1,326.20 an ounce.
Gold had finished higher Wednesday. But minutes from a Fed meeting showed...
February 21st, 20181176The following article appeared on the Peach State Federal Credit Union blog on Feb. 20. Peach State serves more than 41,000 members in Barrow, Clarke, DeKalb, Gwinnett, Jackson, Oconee and Walton counties.
Receiving an inheritance can be a great financial opportunity, as well as a challenge. It can also be very emotional since it...
February 21st, 20185130Coosa Valley Credit Union is planning a move.
The credit union based in Rome is planning to move its main branch, executive offices and operations center down the street to a new building where the former Northwest Georgia Credit Union once stood, according to a Rome News-Tribune article.
Coosa Valley CU obtained the property...
February 21st, 20181127Gov. Nathan Deal announced a proposed tax cut for Georgians during a press conference Tuesday.
"This is the first income tax decrease in the history of Georgia," said Sen. Chuck Hufstetler, R-Rome, in a Northwest Georgia News article. "And it's a true middle class tax cut."
The plan would cut the top state income tax rate from...