Items Tagged with 'Michigan Credit Union League'

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Attorney General claims Western Sky borrowers due refunds

Approximately 17,500 in Michigan borrowed from the online lender at interest as high as 300 percent.

June 26, 2015
Michigan’s Department of Insurance and Financial Services is asking the Michigan Credit Union League and other trade associations in the Michigan financial sector to help make sure their members know about refunds that may be due them from Western Sky Financial LLC. Read More

More loans, more members for Michigan Credit Unions

MCUL reports that 2014 was a high-growth year for Michigan.

April 24, 2015
Michigan credit unions, according to the Michigan Credit Union League, enjoyed double-digit increases in business loans and auto loans through 2014, plus a healthy jump in membership. Read More

Michigan credit unions claim ‘extraordinary’ growth

But checking account numbers are dropping in West Michigan.

November 24, 2012
In the year since consumers were urged to move their accounts from big banks to credit unions on Bank Transfer Day (Nov. 5, 2011), credit unions in Michigan have reported an “extraordinary” surge in new members, according to a report from Michigan Credit Union League & Affiliates. Read More