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Don’t eliminate corporate credit unions but see to it that the NCUA does a better job of policing them....

Michigan credit unions showed significant growth in deposits, new auto loans and small business loans, according to fourth-quarter data from the Michigan Credit Union League....

The NCUA was scheduled to issue rules on overdraft protection to align its rules with those of the Federal Reserve and other financial regulators at its meeting last Thursday....

The outspoken head of a Los Angeles area credit union, who for a time flaunted his CU’s safety and soundness record before running into NCUA disfavor, took on a new cause last week: bailouts....

In a response to the credit crunch and to complaints that recent government programs have favored Wall Street over Main Street...

Larger goodwill loan amounts will be considered on a case by case basis through Aug. 31, the Small Business Administration said in response to lenders concerns....

Three North Dakota credit unions earned three of the top five honors in the champions of affordable housing lender awards from the state’s Housing Finance Agency....

The SBA’s top credit union lender in the country, Mountain America Credit Union, said it helped create 700 jobs in Utah last year....

With a $10,000 incentive, seven families have until the end of the year to prove that they have what it takes to improve their financial lives....

The Securities and Exchange Commission has charged Locke Capital Management Inc. with fraud for allegedly creating a fake, Switzerland-based billion dollar client in an attempt to attract legitimate investors....

Reminding listeners that credit unions are still lending, Sheilah Montgomery, president/CEO of 1st Choice Credit Union,...

The ink is barely dry on the regulations, and the program hasn’t officially started, yet Navy Federal Credit Union has already received 2,000 inquires about the Obama administration’s programs ...

The NCUA’s plan to guarantee deposits at corporate credit unions–which could result in a premium levied on natural person credit unions–was one ...

Whether it is getting TARP funds for credit unions or gaining support for expanding the use of the Central Liquidity Facility, ...

Marketing Director Maureen Johns and her $201 million City Credit Union of Dallas have won CU Members Mortgage’s first ever marketing achievement award....

Visa has pulled Heartland Payment Systems, the merchant processor that suffered a security breach that may have compromised more than 100 million credit and debit cards,...

A fairly common policy intended to discourage robberies at banks and credit unions drew some fire after a Muslim woman complained that she was being discriminated against because of her headscarf or hijab....

Two years ago, warehouse lending was in its heyday as bankers reaped billions in revenue from short-term lines of credit to fund secondary market loans....

Edgar F, Callahan, who as a regulator, CEO and consultant had a vast influence on the shape of the modern-day credit union movement, died on March 18 in Sacramento, Calif., after a long illness. He was 80....

Open Solutions Inc. was listed among 283 companies most likely to default on their debts by Moody’s Investors Service....

Credit unions may get what they have long wanted–an increase in the cap on member business loans. ...

WASHINGTON — Testimony from credit union regulators during a Senate Banking Committee hearing last week focused on maintaining a distinction between the bank and credit union regulators....

NCUA Region 1 Associate Regional Director of Operations Anthony LaCreta and Members United Corporate FCU’s Senior Vice President...

Departments

Marketing
The Golden 1 Credit Union believes showing that the credit union is part of the larger community is the way to stand out in the particularly competitive California market....

Piedmont Aviation Credit Union is accentuating the positive with its new name Piedmont Advantage Credit Union....

A picture has been worth $1,100 for Kinecta Federal Credit Union member Rebecca Lin....

Special Report

A recent Hewitt Associates report finds that when it comes to health care benefits, employers are taking a more long-term view by focusing on programs with an eye on improving employee health and productivity....

Yes, the economy has taken a dramatic nosedive. Yes, natural person credit unions are taking a big hit to their bottom line to help the corporate credit unions....

Columns

Editor-in-Chief's Column
Credit unions serve a great purpose. Credit unions step in for many to offer a hand up when consumers have been back-handed by other financial services providers. Credit unions don’t serve “the man.” They serve the people....

Credit unions fear that the NCUA’s decision to levy premium to shore up the NCUSIF will result in an already difficult year becoming even worse....

Many of the developing countries served by the World Council of Credit Union have felt the impact of the global economic downturn. In countries like Colombia economic struggles are nothing new....

“I think in this environment with economics being the way they are, people are trying to cure things at the macro level....

People

Members 1st Federal Credit Union, Mechanicsburg, Pa., announced that Melody Schaefer has been named business deposit services sales officer....

Other

U.S. Central’s $1.2 billion other than temporary impairment and the NCUA’s resulting insurance levy on credit unions have spurred discussions regarding the now-controversial mark-to-mark accounting standards....

Neighbors Credit Union, St. Louis, recently organized a team to take part in the walk now for autism at Forest Park....

DuPont Goodrich Federal Credit Union, Nederland, Texas, recently devised a way to offer all high school and college students an opportunity to earn scholarship money....

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