It's hard to think about luxury right now when so many people are thinking about cutting back and living with the bare minimum.
Small credit unions told Credit Union Times they take exception to industry leaders who discuss consolidation and mergers as a solution for industry losses.
New regulation proposals by the Obama administration could potentially put credit unions using student lending programs to capture Gen Y in a compliance crunch,
ALEXANDRIA, Va. -- The NCUSIF's reserve balance was $5.2 billion last month, including an increase of $1.2 billion in losses for the corporate credit unions,
Internal bickering in the Senate is causing a delay in the consideration of the NCUA's plan to create a stabilization fund for corporate credit unions and an effort to allow bankruptcy judges to rewrite the terms of mortgages.
The House Financial Services Committee last Wednesday approved a measure to put additional restrictions on credit unions and other credit card issuers.
The steady stream of bank failures this year-25 in all-continues to boost deposit and loan business for credit unions
There was more bad news last week for credit union meetings and travel.
While every business is seeking out economies of scale, the $117 million Summit Credit Union of Greensboro, N.C.,
The squeeze on credit and efforts to emerge from an economic downturn may drive more mergers this year than the fallout from the NCUSIF assessments.
At the culmination of nearly six years of litigation, Illinois credit unions will soon be recipients of $6.2 million
In expanding its Denver footprint, Security Service Federal Credit Union in San Antonio said last week it is merging the $13.7 million
In a consolidation on the drawing board for months, the $1.7 billion HarborOne Credit Union of Brockton, Mass., announced last week a merger with the $88 million Nations-Heritage FCU of Attleboro.
Credit unions from across the nation once again celebrated National Credit Union Youth Week, April 19-25.
First-quarter 2009 mortgage loan volume is up, according to credit unions, with many reporting nearly double the originations compared to last year's same quarter.
U.S. home prices fell 3.0% in February, according to the Denver-based Integrated Asset Services monthly IAS360 House Price Index.
The April 17 release of the NCUA's PIMCO summary was a disappointment to those hoping for specific information about which corporates were responsible for what percentage of the system's $5.9 billion worth of charges to the share insurance fund.
Carolina Postal Credit Union gave the credit union umbrella man a makeover in honor of the credit union's 75th anniversary.
The more than 2,000 credit unions that have a relationship with Fidelity National Information Services will be able to offer their members remittance and wire services through Western Union,
For the first time ever, more U.S. consumers participate in rewards programs tied to their credit and debit cards than participate in airlines' rewards, according to a business research firm.
Genisys Credit Union is assisting its out-of-work members by offering a free r?sum? printing service. Through May 31, the credit union will make seven copies of a member's resume for them to send out or take on an interview.
This spring the $355 million SAC Federal Credit Union launched a rebranding venture already getting positive public feedback for contrasting CUs and banks, plus industry attention for its softer military tone.
A simple reward system is drawing a young crowd to DuPont Goodrich Federal Credit Union.
NCUSIF premium and impairment charges, and a lack of accounting guidance from the NCUA on how to record them on 5300 reports, continues to be an challenge for credit unions.
Were the revisions made to the NCUA's Corporate Credit Union Share Guarantee Program enough to convince the four holdout corporates to sign on?
The $1.2 billion Chartway Federal Credit Union has decided to promote its own credit card program while big bank issuers are losing ground.
PCSU Financial Services has announced a dividend for its member credit unions of $45.4 million, an amount it claims is the largest dividend from any CUSO ever.
Alvin W. Jordan, the former president/CEO of the Iowa Credit Union League, died April 18. He was 101.
Harvard University Employees Credit Union created a custom loan program with Harvard University for students at all 13 of Harvard's graduate schools.
Protecting the environment has become a part of everyday life. From using reusable grocery bags to driving a hybrid car people are folding environment preservation into everyday activities.
Credit unions have begun to adopt credit and debit card personalization to attract a broader range of their membership to the products.
Despite a slow economy and lukewarm results, eco-friendly 'green loans' are still a trend worth chasing for some credit unions.
Now is a scary time to be involved in any type of corporate governance. Finger-pointing opportunities abound and liability for mistakes or even what appeared to be solid decisions just six months before can turn around and bite you.
The past six months have been an economic roller coaster. Public perceptions of the financial industry have been changing rapidly.
Let's be honest-most of the time during the current recession, most credit unions have been able to stand on the sidelines without being too directly impacted.
FedChoice Federal Credit Union, Washington, announced that Gail Sanders, membership ambassador for FedChoice Federal Credit Union,
The results from the latest Credit Union Times online voting poll showed that the U.S. Central and WesCorp conservatorships are forcing credit unions to take hard look at their future.
Founders Federal Credit Union, Lancaster, S.C., sponsored the McDonald Green Elementary School's PTO meeting. Hot dogs were sold for donations, which went directly to the McDonald PTO to help fund projects.