ROCKVILLE, Md. -- A brand new credit union devoted to serving people who work with perhaps that most tangible of assets will soon stake a unique claim in the virtual world.
WASHINGTON -- Two of the industry's leading consultants, former NCUA Chairman Dennis Dollar and Callahan and Associates President Chip Filson, were among those weighing in last week on NCUA's corporate rescue plan.
RALEIGH, N.C. -- With a track record of more than seven million borrowers and $6.5 billion in disbursed funds to microbusinesses, North Carolina's credit unions and banks have certainly taken notice of Grameen America.
LOMBARD, Ill. -- Now, more than ever, small business owners may be turning to their peers to find the best credit unions and banks.
ST. LOUIS -- Offering its own version of a stimulus package to aid the industry, the Missouri Credit Union Association is returning nearly a quarter of its dues for 2009 to its members.
ARLINGTON, Va. -- CUNA President/CEO Dan Mica said the economic crisis, coupled with the large number of vacancies in the Treasury Department are combining to create many unknowns about federal policies affecting credit unions.
ARLINGTON, Va. -- A lawyer whose practice includes helping credit unions convert their charters to mutual banks reminded the industry last week that while credit unions may get access to alternative capital in the coming year, th
DENVER -- Default management and residential collateral firm Integrated Asset Services released its IAS36 House Price Index for December on Feb. 10, which included the firm's anticipated 10 hardest hit counties list.
ALEXANDRIA, Va. -- The NCUA has a new top enforcer. Region V Director Melinda Love was named director of the agency's Office of Examination and Insurance last week.
WASHINGTON -- Jennifer Wahlen, who has been the No. 2 person in NAFCU's political operation, is ascending to the top job.
NEW YORK -- The corporate credit union stabilization plan recommended by the NCUA will wipe out this year's earning from almost every community development credit union in the country and may "permanently shutter" a number of them.
WASHINGTON -- The two big credit union political action committees flexed their political muscles at record levels last year.
TACOMA, Wash. -- TAPCO Credit Union offered its members sweet deals on its auto loan rates this Valentine's Day.
HARRISBURG, Pa. -- Citing the impact of NCUA actions on credit unions and the gloomy economy, the Pennsylvania Credit Union Association is cutting registration fees by 50% for its annual meeting and convention in May.
CHICAGO -- CUNA Brokerage Services Inc. has been selected as Alliant Credit Union's financial advisory services partner.
Fitch Ratings took negative ratings action on individual corporates on Feb. 10, citing economic turmoil, credit market disruptions and exposure to potential write-downs of their paid-in-capital and PIC II investments at U.S. Central.
Fitch has also placed all individual ratings on rating watch negative. The rating outlook is stable for all long-term IDRs.
WASHINGTON -- Despite the numbers of economic and regulatory challenges the industry now faces, credit unions the have invested funds to support the National Credit Union Foundation
PORTLAND, Ore. -- It's time for credit unions to get their members talking and Psst, a word of mouth marketing agency created exclusively for banks and credit unions, is ready to help.
DES MOINES, Iowa -- Nine credit unions in Iowa are helping low-income members save for their future through an individual development account program.
PINE BROOK, N.J. -- CU National Mortgage is still servicing loans, but the company is no longer originating new mortgages.
WASHINGTON -- Treasury Secretary Timothy Geithner never mentioned credit unions when he spelled out his plan for rescuing troubled financial institutions.
RICHARDSON, Texas -- Texans Commercial Capital has been charged with breach of contract for allegedly reneging on several loans, according to a claim filed by Realty America Group LLC.
LENEXA, Kan. -- U.S. Central cleared up some of the who-knew-what-when mystery surrounding the aggregate corporate's $1 billion bailout and resulting insurance premium levy on natural person credit unions.
MADISON, Wis. -- Ralph Swoboda, former CUNA and Affiliates president, has joined the ProCon Group LCC as a principal and co-owner.
Looking at 2009, collaboration is going to be a key part of the credit union industry.
Credit union news the past few weeks has been flooded with opinions on the NCUA's corporate bail out plan.
OKLAHOMA CITY -- Oklahoma's largest credit union says a three-year slimming down of a key piece of its technology infrastructure is paying off in both dollars and sense.
SUMMERLAND, British Columbia -- Summerland & District Credit Union said it will be adopting the latest core processing platform from Open Solutions Inc.
GLEN BURNIE, Md. -- Ben Renko III is looking for a few good credit unions. Really, just a few, maybe one a year, to use his company's portal solution for vendor management.
AUSTIN, Texas -- Teres Solutions said its automated lending platforms are now integrated with the member support center operated by Lending Solutions Inc.
Credit unions generally act as a cooperative movement at all levels. However, the latest troubles of the corporate credit unions are betraying a different side.
As we are all aware, natural person credit unions are being asked to restore the NCUSIF after the effects of the losses at U.S. Central are recognized.
Well, there is some bad news and some bad, bad news. The bad news is not really news.
Vol. 18 No. 8 February 21, 2007 Two years ago CUNA was looking to gain the attention of young Capitol Hill staffers with the "Little Guy."
For more than a decade I have worked with credit unions in North America of all sizes and all orientations (community, SEG-based, single sponsor).
RANCHO CUCAMONGA, Calif. -- CU Direct Lending Corp. announced that for the second consecutive year the board of directors approved a $1.3 million dividend payment to its 85 member credit union shareholders.
AUBURN HILLS, Mich. -- Genisys Credit Union teamed up with community organizations to help prevent members prevent foreclosures.
Holy Rosary Credit Union, Rochester, N.H., announced the promotion of Angela Huppe to information technology manager.