RYE, N.Y. -- Police have charged John P. Walsh, the former chief operating officer of Affina Brokerage Services LLC, a subsidiary of USAlliance Federal Credit Union, with allegedly stealing $2.5 million from the CUSO.
WASHINGTON -- NCUA Vice Chairman Rodney Hood has been on the board since 2005 and before that had an extensive career in the banking industry and working on rural credit issues at the U.S. Department of Agriculture.
NEW YORK -- The suicides of two foreign tycoons, the loss of at least $50 billion in assets and a regulator catching heat for failing to follow through on several red flags waved over a 10-year span.
BEAVERTON, Ore. -- You can learn some interesting things looking at the reports from your third-party call center.
ATLANTA -- The NCUA has chartered a new community development credit union.
FARMERS BRANCH, Texas -- In an out-of-the-box pitch for industry awareness, the Texas Credit Union League is venturing into online radio blogs and social networking via the launch of a monthly "BlogTalkRadio" program.
WASHINGTON -- CUNA's loss is Dupaco Community Credit Union's gain. CUNA Vice President of Editorial Communication David Klavitter is going back to his old stomping grounds, albeit in a job with much more responsibility.
SCHAUMBURG, Ill. -- Members of Motorola Employees Credit Union are bracing for pension and 401(k) plan cuts from Motorola Inc. as the mobile communications giant becomes the latest employer to slash benefits to manage through the recession.
BATON ROUGE, La. -- Neighbors' Federal Credit Union spent a week furthering the education of its employees.
WASHINGTON -- What does Martin Eakes, CEO of the $301 million Self-Help Credit Union, have in common award-winning actress Glenn Close and music pr
ARLINGTON, Va. -- Just as one longtime nemesis of credit union card programs sputters to a halt, another has been jump-started.
WASHINGTON -- Credit union lobbyists are seeking to limit the damage from what they see as an all-but-certain congressional passage of legislation allowing bankruptcy judges to rewrite the terms of mortgages.
COVENTRY, R.I. -- There's one thing that Adam Quinlan is still in awe over as the newly hired vice president of Coventry Credit Union's commercial services division: no prepayment penalties.
BOSTON -- A new report released by Aite Group highlights key issues in the credit union movement as a result of the financial crisis.
ARLINGTON, Va. -- Yet another piece of bad news coming out of the 2008 holiday season was increased incidents of fraud involving gift cards.
WASHINGTON -- If House Financial Services Committee Chairman Barney Frank (D-Mass.) is his chamber's answer to Santa Claus, then credit unions can expect a lot of coal and just a few goodies this year.
WASHINGTON -- As Congress was working to release the additional $350 billion in Troubled Asset Relief Program funds, credit unions and their allies were trying to get ensure they get a piece of the pie.
HOBOKEN, N.J. -- This summer the MBA interns are coming, and the timing couldn't be better.
WEST LAFAYETTE, Ind. -- The good news back on the farm is that growers and ranchers haven't been hit-so far-as hard as their city cousins in the current economic climate when they seek business loans.
ELGIN, Ill. -- Six credit unions so far have adopted a new call-back feature from their electronic lending provider, Lending Solutions Inc., the company said.
SALT LAKE CITY -- For his efforts in helping to provide $12 million in financing and the creation of 100 new jobs, Matthew Ashton has put Mountain America Credit Union in the business lending spotlight.
SAN DIEGO -- Sinking mortgage rates will help relieve unrealized loss pressures at corporates this year, said portfolio managers for the four largest corporates.
SAN DIEGO -- Small corporate credit union leaders are crediting accessibility, better odds at obtaining board seats and efficiency as leading reasons members stick with them,
MARLBOROUGH, Mass. -- As winter tightens its grip on New England, Digital Federal Credit Union's far-flung membership gets even more scattered as the snowbirds head south.
WESTERVILLE, Ohio -- To say that Primary Financial, a CUSO owned by 27 corporate credit unions, including U.S. Central, had a record-breaking year in 2008 is an understatement.
It's depressing to write week after week and put out a magazine week after week about the current state of the nation's financial crisis.
SAN FRANCISCO -- The Financial Accounting Standards Board's Jan. 7 decision to make adjustments to fair value accounting rules won't affect credit unions much, but it's an important step in the right direction,
I'm taking Sarah Cooke's advice (CU Times, Oct. 8, 2008), and I think you should as well. ["If credit unions truly don't see a value in two [trade] groups, we'll certainly find out as the credit unions vote with their feet."]
In spite of the headlines and the constant refrain on the evening news, business lending is alive and well in our community.
"I have no intention of being a member of the potted plant caucus.''
February 2009 Feb. 1-5 CUES Symposium 2009: A CEO/Chairman Exchange Sponsored by: Credit Union Executives Society St. Kitts Marriot Resort & the Royal Beach Casino, Frigate Bay, St. Kitts For more info: www.cues.org
HOBOKEN, N.J. -- In overstressed, overworked moments, it's common to wish for a body double to cover the tasks that there is just no time for. In her new consulting business, Holly Herman is fulfilling that wish for credit union CEOs.
STOCKTON, Calif. -- Premier Community Credit Union announced Paul Yang as the credit union's new president/CEO.