Posts Tagged ‘credit union’

U.S. credit union assets grow to over $1 trillion but fewer CUs surviving

by Ted Carter Published: April 14,2014

Tags: banking, Business, credit union, finance, Mississippi

Credit union numbers have declined steadily in Mississippi and across the country in the last 25 years. But money is flowing into the surviving ones at increasing amounts. From 2006 to 2010, the number of federally insured credit unions nationally went from 8,362 to 7,339. At the same time, assets ballooned from $710 billion to […] [...]

Hood reports scam targeting credit unions

by Associated Press Published: December 20,2013

Tags: Attorney General Jim Hood, credit union, crime, finance, financial institution, law, law enforcement, legal, scam, scheme

JACKSON — Attorney General Jim Hood says con artists using an automated phone scam have been targeting credit unions and their clients in Mississippi. A news release from Hood says the scam involves text messages touting a fake “Credit Union 24 Hour Alert.” The messages state that the recipient’s “card has been suspended” and they […] [...]

Banks say credit unions have unfair advantage

ACROSS MISSISSIPPI — For decades, not-for-profit credit unions have enjoyed tax-exempt status as they emerged as legitimate contenders to banks, gaining new customers, especially as the recession caused many banks to tighten their lending policies. The banking industry says credit unions now enjoy an unfair competitive advantage as they broaden their services while not being […] [...]

Keesler FCU seats board

by MBJ Staff Published: June 4,2013

Tags: credit union, Jon Rivera, Keesler Federal Credit Union

Keesler Federal Credit Union’s has re-elected Jaime Perronne and Jon Rivera to the 2013-2014 board of directors. The board now consists of: James Hollingsworth, chairman; Jerry Caldwell, vice chairman; Adrien Augustine, treasurer; Perronne, secretary; Cynthia Payne Childers, member; Richard Moss, member, Rivera, member; and; Josie King, associate member The board also appointed the following members […] [...]

Credit union participating in national homeownership campaign

JACKSON — HOPE (Hope Enterprise Corporation/Hope Credit Union) has helped launch Home Matters, a national movement to build public support for the concept of homeownership. Home Matters is spearheaded by the National NeighborWorks Association (NNA), a coast-to-coast coalition of housing and community development organizations, other nonprofits, companies and the public at large. The launch took […] [...]

Credit union now offering Kasasa accounts

by MBJ Staff Published: January 23,2013

Tags: account, checking, credit union, finance, financial insitution, free, introduce, introduction, launch, product, reward, savings

RIDGELAND — Members Exchange Credit Union is now offering Kasasa, a brand of free checking and savings accounts that rewards consumers for using their account. Mitzi Tate, president/CEO at Members Exchange, said, “Kasasa delivers what research shows people really want but believe they can’t have — great financial products with the personal service of a […] [...]

ECD awarded NMTC funding

by Wally Northway Published: July 21,2009

Tags: BANKING & FINANCE - Market Sector, credit union, goverment

JACKSON — Enterprise Corporation of the Delta (ECD) has been awarded $20 million in New Markets Tax Credit (NMTC) authority from the U.S. Treasury Department’s Community Development Financial Institutions Fund. ECD is one of 32 Community Development Entities nationwide to receive an award with resources made possible through the American Recovery and Reinvestment Act. The […] [...]

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