Despite ongoing federal court proceedings addressing its actions, the NCUA has moved forward with the liquidation of the $780,000 Kappa Alpha Psi Federal Credit Union.
On Sunday Aug. 15 Coastal Federal Credit Union in Raleigh, N.C., implemented its own new overdraft protection rule.
Given the challenges faced during this tough economy, some credit unions are taking another look at their community outreach efforts.
To combat this period of slow auto sales and loans, First Financial Credit Union came up with a way to increase its market share.
With less than stellar gains in lending, credit unions may have to shift their focus even more to meeting members where they are as unemployment, furloughs and foreclosures impact how and if they are able to continue paying their loans.
Former Continental Federal Credit Union president/CEO Tom Glatt Sr. voluntarily surrendered the keys to a 4,000-square-foot Sedona, Ariz., desert estate and in the process walked out on a nearly $1 million mortgage loan from his former employer.
Government policy makers in El Salvador have taken steps to develop economic policy and payments system support for credit unions and financial cooperatives prompted by the shrinkage of commercial bank loans here.
Credit union members have choices when it comes to how they bank-they can visit a branch, go online, walk up to an ATM, call a representative or IVR system or use a mobile phone application. So which channel do today's consumers prefer?
A combination of election year politics, budget constraints and Washington travel fatigue is putting a crimp into the traditional D.C. "Hike the Hill" treks conducted by state leagues during September.
The African-American Credit Union Coalition recently named two CEOs co-recipients of its Pete Crear Lifetime Achievement Award.
Michael V. Beall, president/CEO of the Maryland/District of Columbia Credit Union Association, will become president of the Missouri Credit Union Association effective Nov. 1.
There's more to Callahan & Associates than just mining data.
Third Degree Advertising, an Oklahoma City agency, has opened an office in Durham, N.C., its very first expansion on the East Coast aimed at serving an industry intent on leveraging CU advantages over banks.
Bator Training & Consulting Inc. has launched strategic planning seminars aimed at helping credit unions with under $100 million in assets.
Credit union executives joined by Gulf Coast regulators are slated to take part in an Aug. 30 workshop-webinar
In its continued quest to accommodate credit unions dealing with slashed travel budgets, NACUSO is prepping for its second regional meeting in Denver.
With all the turbulence associated with corporates these days, Southeast Corporate is doing its part to remind members of the value they provide.
A $2,500 grant from St. Mary's Bank aims to aid a New Hampshire incubator help small businesses with growth strategies.
Rates on certificates of deposit at Internet-based banks may be above the national average rate but they come in second at some traditional financial institutions.
The $2.7 billion Wings Financial Credit Union has announced merger plans for the second time this summer, this time with the $450 million City-County Federal Credit Union.
While Sound Credit Union's business services program has been in place since July 2007, a litany of bank mergers and closures in the area has helped propel its business deposit portfolio over the last year.
It's no secret that over the last three years, small business credit risk has increased at a distressing rate.
We all make tough business decisions where there is no black and white, only shades of gray.
Over the years I've heard something like this said many times: "Well, they want a Cadillac, but they really only need a Chevrolet."
Columbia Credit Union, Vancouver, Wash., elected incumbents Phil Andrews, John Dingethal and Chuck McDonald to the board of directors, while Lowell McDougal and Martin Oreschnigg assumed roles on the supervisory committee.
I'm not sure a Black Friday would be such a bad thing. ['Will the NCUA Let Loose a Corporate Black Friday?' CU Times, Aug. 18, page 1.]