Credit unions facing deepening economic pressure have been turning more to shared branching to help meet their financial challenges.
The NCUA would maintain its authority over credit unions, but there would be a new agency to regulate many of the financial products issued by credit unions,
Michael J. McGrath Jr., former president of defunct U.S. Mortgage Corp. and its subsidiary CU National Mortgage,
ALEXANDRIA, Va. -- Credit unions will likely have to pay a premium of 0.15% of insured shares this year to cover expenses associated with the NCUA's rescue of corporate credit unions.
The dark cloud of conservatorship of one of its parent companies could have caused corporate card provider Procura LLC to take cover from the pending storm.
There's a new program out there helping credit unions connect to Gen Y. Its powerful lure? Music.
Earlier this month, Eastern Corporate Federal Credit Union discreetly completed a $17.7 million Perpetual Paid-In Capital II subscription offer,
The end of the U.S.'s mission in Iraq is in sight. U.S. troops are set to withdraw from Iraq's urban areas by June 30.
Homes for Our Troops received another big financial boost-$190,000-from New England CUs to help construct homes for wounded Iraq and Afghanistan war veterans.
WASHINGTON -- With many credit unions hurting, the NCUA's rescue of corporate credit unions and economic woes causing CUNA to announce furloughs and layoffs, this has been an especially challenging time for CUNA President/CEO Dan Mica.
Credit unions are holding their own in the popularity ranks while banks took a nosedive, according to a Texas Credit Union League phone survey.
The Securities and Exchange Commission has obtained a court order halting an alleged $11 million Ponzi scheme in which a Chicago-based promoter who is a convicted felon promised investors high returns from purported investments in payday advance stores.
Members of the $5.8 billion Suncoast Schools Federal Credit Union were recently alerted that thousands of their Visa check cards had been breached.
A growing number of companies within health services and those who work in the education field make up a large part of First Financial Federal Credit Union's field of membership.
Debit card interchange seems likely to continue as a key part of credit union income, according to a recent study from Discover Financial Services and its subsidiary PULSE ATM and EFT network.
Investors are seeking out more online investment providers for their individual retirement account rollovers thanks to a renewed interest in the parking place as an option.
Going green has never been easier for FAA Credit Union members.
State Employees Federal Credit Union, Albany, N.Y., has promoted Executive Vice President John DeCelle to chief marketing officer.
CUNA is revamping how it promotes its products and services by adopting the well-tested trust theme.
When the NCUA issues new corporate regulations this fall, it's likely the opinions of the three major ratings agencies-Fitch Ratings, Moody's and Standard & Poor's-will have less influence over NCUA auditors than before.
A nationally representative survey of 1,155 consumers found a lack of consumer interest in banking with Bank of America, Chase, Citibank and Wells Fargo.
Political veteran Jennifer Wagner is the new director of credit union advocacy for the Credit Union Association of Oregon.
CUSOs and corporate credit unions are covered by the federal regulations on establishing a system for detecting and preventing identity theft,
The Federal Reserve terminated a three-year-old enforcement action against the Bank of New York over the bank's methods for protecting against money laundering.
Hutchinson Credit Union in Kansas is strengthening its online infrastructure with a piece of high-tech gear from a Minnesota firm.
CUTEK is now offering credit unions a Web-based collections package that the Symitar specialist says is customizable and "not overflowing with unused features."
With companies looking to stem rising health care costs, J.P. Morgan has recently issued a report titled "Best Practices for Implementing a Health Savings Account Program."
Credit unions right now are in the middle of a balancing act. Fees are an essential part of building capital to regain stability in this economy,
While consolidation within any industry tends to mean the elimination of staff and departments, for credit union investment programs the effect has been just the opposite.
Recently passed and pending legislation will hurt the bottom lines of credit unions by limiting their ability to earn noninterest income.
When I entered college, I knew I was going to study political science, and I knew I liked to write but hadn't considered journalism initially.
If re-evaluating priorities and cutting costs is to a recession as developing a flexible work program is to recruiting and retaining top talent,
A new Oregon law enacted this month is providing select employee group-based credit unions expanded power to switch to a community charter but maintain their SEGs.
Throughout all of my exposure to the audits and examinations, I always felt comfortable that EasCorp was operating in a manner that had safety and soundness as its primary tenet.
Teachers Federal Credit Union, Farmingville, N.Y., announced that Christopher B. Welga has been named TFCU assistant vice president, risk management.
When you talk to Richard Stipa, CEO of TruMark Financial Credit Union, you'll hear phrases such as "conservative business model," "grow sensibly," and "clear vision."
For four credit union CEOs from both small and large credit unions, staffing concerns and unemployment among members topped the list of challenges they face now.
This year's America's Credit Union Conference & Expo lands us in one of America's oldest cities.
Does your credit union really need all the debit and EFT networks that it currently has?
With anxieties about the economy, increased consumer scrutiny of financial institutions and staffers wondering if their jobs are secure,
Management books are a tricky genre. All too often they are either glib and clich?-ridden works that provide quick fixes for executives and their companies or dry numbers-filled tomes that are a pain to wade through.
When Check 21 became law in 2003, credit unions grumbled about the costs and time needed to implement the required imaging technology.
Holy Rosary Credit Union, Rochester, N.H., recognized its Vice President of Lending Suzanne Wilkins for her 25 years of service,
Greater New Orleans Federal Credit Union, Metairie, La., hosted a ribbon-cutting ceremony and reception for its new West Bank Branch in Harvey, La.