FREE MEMBER BENEFIT ANNOUNCED
updated 06/19/13 09:22 AM
'Rate Map' Compares Rates
The California and Nevada Credit Union Leagues added a new membership benefit to its roster—RateMap, a unique mapping tool that lets member credit unions monitor, compare, and analyze key deposit and loan interest rates locally, throughout the state, and across the country.
In collaboration with League InfoSight and RateWatch, RateMap provides access to more than 90,000 branches nationwide for commonly offered deposit products and loan rates of more than 40,000 branches. Users can search rates by address, zip code, city, or state, and can further narrow their search results by institution type (credit union, bank, and Internet bank), product type, and rate.
Additional competitive data is also available, including website, number of branches, and customer/member reviews from sites such as Yelp.
Deposit rates and loan rates are updated weekly and monthly, respectively, to further assist member credit unions with their competitive analysis strategies, compare their rates with competitors, and pinpoint new market opportunities to help advance their revenue and profit goals.
Not signed up for InfoSight?
California credit unions can click here to request access.
Nevada credit unions can click here.
(Once you are approved, you will be able to use your login to access RateMap)
NV LOAN GROWTH: PRE-RECESSION LEVELS updated
08/19/14 12:28 PM
California Lending Almost Doubles
Industry-wide loan growth at Nevada credit unions in the second quarter nearly hit levels unseen since the same period in 2005—a phenomenon mirroring a positive trend in California and across the nation.
REMOTE DEPOSIT CAPTURE FUNDAMENTALS updated
08/19/14 10:54 AM
Timing, Regs, and Risk Management
Remote deposit capture in home banking and mobile banking is quickly becoming a must-have feature. Although credit unions have many options for how to provide this service, questions abound regarding availability of funds and risk management.
CATALYST LOAN PROGRAM NEARS 50M updated
08/18/14 04:19 PM
California Credit Union Participation
Since its launch a few months ago, Catalyst Corporate FCU’s loan participation program has helped nearly two dozen credit unions—including California credit unions—sell and buy more than $46 million in loans.
CFPB LEADER HEARS OVERDRAFT CONCERNS updated
08/15/14 02:38 PM
Regulatory Issues Discussed
Minimizing the impact of current rules, pending proposals, and contemplated requirements were key themes of a meeting Wednesday between the Credit Union National Association (CUNA) and Consumer Financial Protection Bureau (CFPB).