Wanting to create relationships and future opportunity in the 18-to-24-year-old demographic group a group of credit union executives kicked off a brainstorming session with the phrase, "Well, I think they would like..."
At a time when the NCUA and the trade groups are pushing Congress to raise the cap on member business loans, the agency's inspector general faulted its examiners for insufficient oversight.
Problems at corporate credit unions aren't driving a mass exodus of members seeking other providers.
Now the action goes back behind closed doors.
The first community development credit union that the NCUA has chartered in 2010 is focused on serving the underserved in the community that many see as the home of breakfast cereal in the U.S.
If the debate over what to do about Fannie Mae and Freddie Mac were a boxing match, last week's hearing before the House Financial Services Committee would have been the first round.
The deadline for having at least started the process for accessing money under the U.S. Treasury's Community Development Capital Initiative program is rapidly approaching.
Brad Miller stepped down from his position as executive director of the Association of Corporate Credit Unions in February to take over as president/CEO of the $3.3 billion Southeast Corporate Federal Credit Union.
The campaign giving patterns of CUNA and NAFCU in February could be best described as the calm before the proverbial storm.
In separate moves, two of the struggling sand state credit unions, the $851 million Arrowhead Central CU in California and the $370 million AEA FCU of Yuma, Ariz., found themselves suffering more of the recession's fallout this month.
Credit unions that don't consider their gay, lesbian and transgendered members are missing out on a huge opportunity. So said Thomas Bowen, operations project coordinator at the $100 million Money One Federal Credit Union.
The $159 million Louisiana Corporate Credit Union released its 2009 audit March 23, possibly the first corporate to do so, according to president/CEO David Savoie.
Nearly two months after the NCUA filed a suit against Wells Fargo for negligence in the case of a deceased financial adviser, the agency has filed a complaint against the CU's accounting firm to recover losses.
ATLANTIC CITY, N.J. -- The NCUA is honing in on certain activities and figures for 2010, NCUA Associate Region II Director for Operations Herb Yolles told New Jersey credit unions last week.
ATLANTIC CITY, N.J. -- Corporate governance consultant Stuart Levine picked apart problems with credit union governance through a series of interactive questions.
ATLANTIC CITY, N.J. -- Brett Christensen, owner of CU Lending Advice, LLC, told New Jersey credit union executives and board members they need to own up to the financial problems in their own shops.
The financial services industry and particularly credit unions are at a crossroads right now. Many toss the term crossroads around every time a tweak occurs, but current circumstances are exactly what the word was created for.
Stuart Perlitsh said we build capital thru earnings (Feb. 24 Letter), while Tom Dorety thinks we need to build capital through some new alternative capital (March 10 Letter).
Be careful who you listen to on corporate network regulation.
As credit union management and boards learn more about the amount of toxic assets in corporate and natural person credit unions, their conclusion about assessments changes from "something we have to live with" to "we can't live with that."
I am not an economist, nor do I play one on TV. My only exposure to economic theory was at Western CUNA Management School with the great Jim Likens.
In a nod to its educational roots, OnPoint Community Credit Union, in partnership with KGW-TV recently launched its first annual Prize for Excellence in Education contest.
Imagine having 100 opportunities to show just how unique your credit union is.
Charter Oak Federal Credit Union, Groton, Conn., announced the retirement of Rick W. Stout, chief operations officer.