As credit unions continue to look for ways to cut costs, some are taking a harder look at their vendor relationships to negotiate better pricing deals
Two of the six credit unions that have enrolled in a U.S. Treasury program designed to help homeowners avoid foreclosure say that the program, while promising, will not be the last word on their effort to help members keep their homes.
Following Senate confirmation by unanimous consent, Deborah Matz faces a large and complicated list of challenges as chair of the NCUA at a critical time for the credit union movement.
The NCUA closed Community One FCU of Las Vegas, and its assets and shares were purchased by America First FCU.
A short-term annoyance but not a huge burden in the grand scheme of things.
State-chartered credit unions with CUSOs are still waiting for more guidance on if income earned through their subsidiaries would be subject to unrelated business income tax.
Dismissed CEO Dale Dalbey, Chairman Barbara R. Luckett and board members of the $194 million Mutual Savings Credit Union have filed an injunction
Some movement has occurred in the lawsuit regarding the Pennsylvania federal credit union being sued for allegedly not labeling its ATMs with the required fee notices.
As of June 30, U.S. Central Federal Credit Union's investment losses have burned through nearly $2 billion in member capital, and it shows on retail corporate balance sheets.
Unable to achieve scale, the $14.5 billion Vancity Credit Union said it has sold the majority of its retail loans offered through its online banking division after the service failed to take off.
Small business lender CIT Group Inc. recently announced that it will suspend dividend payments on some of its stock to improve liquidity, preserve capital and thwart bankruptcy.
Nearly six years in the making, the final prototype of a biometrically enhanced card designed to combat fraud before it occurs is set for a test-run among several credit unions this fall.
The $480 million Water and Power Community Credit Union, headquartered in Los Angeles, has moved
In normal times, the behind-the-scenes workings of the Federal Reserve might not have the makings of a drama-filled novel-like book.
Four years after the SBA was widely criticized for how it handled the processing of disaster relief loans following Hurricane Katrina in 2005,
Speaking at an Aug. 4 hearing before the U.S. House Subcommittee on Finance and Tax, OSU Federal Credit Union CEO Rick Hein told legislators
The SBA's preferred lender program has added the $315 million USC Credit Union to its ranks.
Corporate Central Credit Union closed its PIC-50 offering July 31 with more than $47 million converted to PIC from member capital shares.
From Maine to Texas, the financial crisis and the corporate shocks buffeting credit unions have given rise to innovative approaches
The $166 million North Jersey Federal Credit Union has come up with a way to boost the local business economy and offer members a variety of perks.
Opportunity is knocking for credit unions as a recent J.D. Power and Associates study reveals that brand image matters most to consumers when selecting a retail bank.
The first member of an Iowa credit union to save for a home through an individual development account has closed on her first home.
New CEOs have taken the helm at two of Arizona's largest credit unions, the $507 million First CU of Chandler and the $420 million Arizona Central of Phoenix.
Mid-Atlantic Corporate Federal Credit Union, Middletown, Pa., raised more than $10,500 for the Children's Miracle Network at its annual charity golf tournament.
Searching for a more realistic definition, the $210 million City Credit Union of Dallas has renamed marketing as the brand innovation department.
It's not just Gen Y that likes to engage online, so Verity Credit Union has issued a call to all moms.
Bank failures and media coverage of them have led credit unions to renew their safety and soundness marketing campaigns.
The annual East Coast Credit Union Marketing Conference, sponsored by the North Carolina and Virginia Credit Union Leagues next month, has set its sole focus on Gen Y and youth programs.
A $93 million Texas credit union is the latest to deploy integrated branch capture and document imaging from Integrated Bank Technology.
The 165 credit unions that run on CU*BASE core processing platform can now use the cash automation solutions of Talaris.
American Airlines Credit Union will begin offering its 212,000 members
To say putting together a split-dollar plan for two of BMI Federal Credit Union's top executives was a frustratingly drawn-out ordeal would be putting it mildly.
With a range of emergency requests, government and IRS employees are among the highest users of Mazuma Credit Union's two-year old payday loan alternative.
Every day, Credit Union Times staff tries to put itself in our readers' shoes.
This year is a milestone time for the state credit union system.
Has your credit union consistently received a CAMEL 1 or 2 rating from your regulator?
"Credit unions have survived difficult economic periods and stressful conditions
EAST Teachers Federal Credit Union, Farmingville, N.Y., named Bob McAllister to the position of assistant vice president of indirect auto financing.
The Credit Union Association of New York is mourning the loss of former chairman Miles Kucera who was recently killed in a fatal car crash on Long Island. He was 78 years old.
An article in the Aug. 12 issue