Credit unions that have a culture of cooperation between information technology and business managers generally outperform their peers that tend to work in silos and reach out only on a case-by-case basis.
Bellco Credit Union doesn't have to pay unrelated business income tax on its income from credit insurance or on royalties from accidental death and dismemberment insurance.
NCUA Board Chairman Debbie Matz has urged credit unions to "redouble" their efforts to help Americans who are struggling with heavy mortgage debt and other real estate loans.
In a year when many incumbent officeholders are about as popular as Yankee fans in Fenway Park, several key supporters of credit unions will be fighting for their political lives this year.
Twenty-five years after Theresa Benavidez converted Cabrillo Credit Union and its CEO, Robin Lentz, to Symitar's core processing platform, Benavidez and Lentz are doing it again.
Although it was not ready to name the 12 members of its "Next Steps" corporate working group at press time, CUNA officials did say it will include several members of its corporate credit union task force, as well as some new selections.
More than a month after a bankruptcy court determined that the former president/CEO of Texans CUSO Insurance Group was entitled to $21 million in a wrongful termination case, it appears the fight to collect could linger.
A conversation with a doctor who specializes in Lasik surgery revealed a few eye openers for Carma Peters, executive vice president of marketing at Affinity Group Credit Union.
Banks in Georgia appear to have offered better average rates on 15- and 30-year mortgages as credit unions take the lead on car loan rates.
Credit unions mulling how to better attract younger members might take note of the $275 million Neighborhood Credit Union's most recent SEG addition.
Citing competing business interests, William B. Eckhardt, a CUNA Mutual board member since 2005 and president/CEO of Alaska USA Federal Credit, has resigned his CUNA Mutual director seat.
Financing from a CUSO of MAX, Your Community Credit Union, played a part in helping a Tennessee wire manufacturing plant to earn an energy project of the year honor.
The $183 million Mutual Savings Credit Union of Birmingham, Ala., placed into a controversial conservatorship by regulators a year ago, is on the mend and is recording a profit for the first quarter, president/CEO Douglas Key said last week.
Business lending services are coming to Vermont Federal Credit Union, Heritage Family Credit Union and Coventry Credit Union through new partnerships with Northeast CUSO.
As the SEC reports a rise in investment scams that target the elderly, the Pacific Service Credit Union is doing its part to protect them from financial abuse.
North Carolina locals can continue "Exploring North Carolina" thanks to State Employees' Credit Union.
Ensuring the safety of credit unions, making regulations more transparent and educating citizens about credit unions are among the proposed goals of the NCUA for 2011-2016.
During a recent Webinar, CUNA Mutual reported a return of record benefits to bond policyholders in 2009
In a rebranding move, the League of Southeastern Credit Unions has adopted a new name--Leverage--for its newly consolidated service corporation combining entities of the Florida and Alabama leagues.
Credit unions are finding some of their strongest ever growth in mortgage underwriting by combining high-tech outreach with a traditionally high touch approach to service-both to their members and real estate professionals.
The more than $1 billion Pacific Service Credit Union has joined the Financial Service Centers Cooperative to start offering its roughly 65,000 members shared branching services.
CUcorp, the Michigan Credit Union League subsidiary that heads the Invest in America program, announced that incentives on Chrysler vehicles have been temporarily suspended for the month of April.
The $276 million Berrien Teachers' Credit Union of St. Joseph, Mich., is expanding its western Michigan footprint by moving ahead with a merger of the $2.5 million Otsego Paperworkers Credit Union.
Offering business loans for 85 years, Michigan's credit unions have been able to do so "in the same prudent and common-sense manner that they have also handled mortgages and personal loans," Michigan Credit Union League President/CEO David Adams said.
The campaign by CUNA and state leagues to win wide lawmaker backing on member business loans drew support last week from an unexpected source-Florida's chief financial officer and a candidate for governor in the August primary.
Southern Arizona's largest credit union, the $1.1 billion Vantage West of Tucson, this month completed the merger of a long-troubled Phoenix CU, and the Vantage management remains at the ready for new Southwest consolidations should they come along.
Thanks to NuMark Credit Union members of Brownie Troop 301 of Plainfield, Ill., know more about how money is made, how to spot counterfeit money and the importance of saving.
Biz Kid$ has a national reach. The show now reaches 99% of public television stations in the country.
The University of Hawai`i Federal Credit Union has found that partnering with three elementary schools has gone a long way in helping children understand the importance of saving money.
In Fremont, Ohio, high school seniors got a dose of the real world during the "Finance 101:Walk the Walk, Talk the Talk" event sponsored by Fremont Federal Credit Union and Northwest Ohio Credit Unions.
As vice president of marketing at United Nations Federal Credit Union, Debra Da Costa has to take a global approach in reaching out to members.
The $320 million Legacy Community Federal Credit Union of Birmingham, Ala., has taken community outreach and good-deed performance to new heights this spring.
CUNA and NAFCU want credit unions to be able to charge a fee for covering an overdraft fee in some cases even if the consumer doesn't opt in for such coverage, according to letters both trades sent to the Federal Reserve.
The NCUA's Community Development Revolving Loan Fund is offering eight kinds of grants to help credit unions that serve low-income communities finance some of their activities.
NCUA examiners will look at items such as the level and nature of inherent balance sheet risks, management expertise and adequacy of reserves allocated, when doing examinations of credit unions.
Citing a large number of its members that will be negatively affected if this year's assessments are above 20 basis points,
Credit unions using CRI Solutions Inc.'s loan origination platform can now deploy the widely used digital and Web signing solutions from Wycom Systems Inc.
Free credit reports and scores to qualifying users of a CUSO's loan rate-matching service allows credit unions to "wear the white hat" when it comes to offering free credit reports, the company's president said.
A new bill pay widget just launched by Fiserv Inc. will enable millions of consumers to pay bills online without leaving their credit union or bank home page.
Three Maine credit unions are piloting the launch of Synergent's new member capture service, a browser-based application that integrates with most current flatbed scanners to allow users to deposit checks electronically.
This isn't a rehashing of the corporate credit unions' problems or legacy assets or placing blame. We'll learn about the agency's plans for the legacy assets soon enough (though it has been some time coming). This is about the discovery of next steps.
Bank of America announced last month that in June it will stop authorizing overdrafts at ATMs and for everyday debit card purchases unless a customer has a linked savings account or credit card.
The March 31 Editor-in-Chief's column was a very gutsy and provocative piece. While I am not sure I agree with all of it, there are many issues raised that are critical for credit unions to address.
If you're old enough to remember "Monty Python's Flying Circus," you've probably been around the credit union movement long enough to have seen some pretty dramatic changes.
Sailors are well-acquainted with "Iron Mike." The term is used to define the mechanical setting of a fixed course and speed for a vessel.
A NAFCU Data Flash report showed that vehicles sales in March demonstrated the strongest sales pace since last August.
Bingo, bango, bongo. I don't really know where this funny phrase came from, just something from a distant memory somewhere along the line. What does it mean?
Deploying technology analogous to "thumb drives on steroids" is helping a venerable Connecticut core processor reach new levels of back-shop efficiency.
Canada's largest credit union is using two little boxes to provide a single viewpoint of the varied security challenges across its widespread, diverse network.
Dexter Credit Union, Central Falls, R.I., announced the naming of Richard E. Smith as the new president/CEO
Jim Warren evidently believes that a favorite maxim of athletic coaches applies to financial services as well as sports: There is no I in team.
Andrews Federal Credit Union. Suitland, Md., celebrated the grand opening of its newly redesigned branch in Wiesbaden, Germany.
At Genisys Credit Union, a financial fitness program all begins with regular check-ups, so the Auburn Hills, Mich.-based credit union is offering locals free credit reviews with experts.