One rogue monkey has helped GTE Federal Credit Union build brand awareness online.
Members of the $252 million Midwest Corporate FCU haven't yet voted to liquidate their cooperative. However, Board Chair Eric Musland, CEO of the $16.4 million LaMoure Credit Union, said liquidation "will probably happen."
Whether they call the pristine greenery of the Pacific Northwest or the rolling hills of New England home, many credit unions share a common approach when it comes to business lending:
Vendor management has become a hot topic and a cottage industry since the NCUA published guidelines in 2007 that required credit unions to perform due diligence on everyone from their core processors to their janitorial services.
Saying he wants a system where financial services institutions "compete on price and quality, not on tricks and not on traps,"
Lawmakers on Capitol Hill last week again failed to bring up a proposal to raise the cap on member business loans.
In town for a high school reunion, DeFarra Gaymon, president/CEO of the Credit Union of Atlanta, was shot and killed by an undercover sheriff's detective July 16 in a Newark, N.J., park.
Former board members and staff at the liquidated New London Security Federal Credit Union are among those accused by five members of negligence in a lawsuit to recoup $4 million in losses.
The Golden 1 CU CEO Teresa Halleck said she wasn't looking for a new job when colleagues recommended she take a look at the $5 billion San Diego County Credit Union.
CHICAGO -- Risk may be a four-letter word, but it's not something that is necessarily or should be feared.
CHICAGO -- Credit unions are no longer the best kept secret in banking, but they have to build on their popularity by preparing for all but certain uncertainty.
PSCU Financial Services has expanded its CUCollect credit card collection service to offer collection efforts on other types of loans.
With the focus on reaching Gen Y members, now is the time to play by their rules to get them in the credit union door as staffers.
The 10,800 credit unions, banks and other financial institutions on Jack Henry & Associates' customer list can now choose between a pair of personal financial management solutions to offer their customers and members.
NCUA policy on selection of merger partners for both voluntary and involuntary mergers is coming under harsh new scrutiny this month. The now-completed Utah consolidation is the focal point of both concern and controversy marked
In a consent order, the NCUA last week barred Richard Koenig, the former chairman of Central States Mortgage Corp., a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis., from further industry activities.
Climaxing a 27-year stretch of service, Robert E. Harvey Jr., the president/CEO of the $544 million Seattle Metropolitan Credit Union and the former chairman of WesCorp, is retiring next April.
The California and Nevada Credit Union Leagues have named Andrea Svoboda as director of political affairs, while Patty Salazar has been hired as state legislative and regulatory lobbyist.
A leadership dispute has led to a change of CEO at the $33 million Government Printing Office Federal Credit Union, according to sources close to the credit union.
The $184 million Mutual Savings Credit Union of Birmingham has emerged from state conservatorship by restoring profitability and fixing its balance sheet, according to the Alabama regulator Glenn T. Latham.
An interactive Web hunt game has helped Woodbridge, Va.-based Belvoir Federal Credit Union spread the word about how it can help locals.
Verity Credit Union has gotten Seattle moms talking thanks to Verity Mom blogger Rosemary Garner.
The story of Dean Gaymon, CEO of Credit Union of Atlanta, was a tragic one that has captured the attention of the credit union industry. Gaymon was shot and killed by a police officer while in New Jersey for a high school reunion.
As I read the article written by CU Times Editor-in-Chief, Sarah Snell Cooke, "Sweat Equity, Creativity are Keys to Financial Services' Brave new World," in the July 7 issue, it mirrored many thoughts I had on what should be a new style
I was deeply disturb and disappointed at the letter that appeared in the July 7 issue from Charles Bruen, president/CEO of First Entertainment CU, voicing his views of the survival of small credit unions.
The breakdown of trust impacts the lives of millions every day. It disrupts efforts to conduct business and to communicate at all levels-personally, locally, nationally and globally.
Greater Nevada Credit Union, Carson City, Nev., hired Patty Little as loss mitigation manager. Little will oversee loss-mitigation activities such as repossession, remarketing,