2006 Year-In-Review/2007 Outlook
Top 10 Stories of the Year 1.
Credit union-to-bank conversions continue (DFCU Financial, Lafayette, Marcy, Sunshine State, Think) 2.
Centrix goes bankrupt; credit union losses mount 3.
Tough market conditions, tight margins, membership stagnation 4.
Banker attack causes CUs to lose underserved area expansion powers 5.
Nationwide FCU merger with Nationwide Bank 6.
Plastic card losses/fraud comes to forefront 7.
NCUA data collection pilot/fallout 8.
Industry consolidation (leagues, corporates, CUs, vendors) 9.
Leagues take on branding efforts (BizKid$, Bob the CU Guy, CCUL branding, etc.) 10. Merger of all State Farm FCUs into one