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Merger Pace Quickens
November 20, 2009
The fallout from the recession continues to trigger more credit union mergers....
CU-Run ‘Best Wishes’ Overcomes Setbacks to Aid Military Again
November 20, 2009
Less than a week before Thanksgiving the six-year old, credit union-run “Operation Best Wishes” campaign to support the troops is on an expanded nationwide roll managing to struggle without financial backing of its major benefactor, WesCorp. ...
First Impressions Really Matter for Small Biz Owners
November 20, 2009
As the credit union industry touts its reputation for its treatment of members, some banks fall short on how they treat their small business customers. ...
Porter Elected to Board of FHLB-SF
November 20, 2009
J. Benson Porter, chief executive officer at the $2.4 billion Addison Avenue Federal Credit Union, was elected to the board of the Federal Home Loan Bank of San Francisco earlier this week. Porter said he will begin serving his four-year term Jan. 1....
OMEGA FCU Announces New CEO
November 19, 2009
OMEGA Federal Credit Union has tapped former Security Credit Union Executive Vice President/Chief Financial Officer Troy L. Garvin as its new CEO....
‘Safe Haven’ for Insured Deposits May Grow Membership
November 19, 2009
While it may be hard to pinpoint if credit union deposit rates are bringing in a large number of new members, CUNA Mutual Group said some of the recent membership gains might be attributed to those seeking a “safe haven” for insured deposits. ...
CFPA, State Powers Are Bones Of Contention in Dodd Plan
November 18, 2009
Credit unions dodged a big bullet but still face potential additional regulatory burdens under the bill to revamp the way financial services are regulated unveiled last week by Senate Banking Committee Chairman Christopher Dodd (D-Conn.)....
Advisers Prefer Fewer Provider Visits, Says Survey
November 18, 2009
Investment advisers at credit unions and CUSOs are familiar with the litany of visits, e-mails and calls from providers,...
CUs Donate to Fort Hood Victims
November 18, 2009
Credit union donations to help the victims and families of the Fort Hood shooting massacre were starting to pour in from across Texas and the U.S. last week with special accounts set up by foundations and individual CUs....
CU Extends Help Finding Tax Refund Holders
November 18, 2009
North Carolina’s State Employees’ Credit Union stepped in last week when the IRS issued an alert seeking help distributing $123.5 million in refunds that were returned to the agency....
NuMark CU Trains In-School Student Tellers
November 18, 2009
NuMark Credit Union started its state-sponsored bank at school program by training four students to be tellers....
Mid-Hudson Valley Co-Founder Passes
November 18, 2009
Mid-Hudson Valley Federal Credit Union is mourning the loss of co-founder Robert Strini who died at the age of 74....
A Salute to Credit Unions
November 18, 2009
The recent Veterans Day holiday marked the cessation of combat in The Great War in the 11th hour of the 11th day of the 11th month....
Credit Union Times Wants Your 2010 Events
November 18, 2009
Credit Union Times is getting ready for 2010. It’s never too early to submit an event listing for our online event calendar....
Matz: I Am Committed to Supervision of All Aspects of Lending
November 18, 2009
A recent letter from a third-party vendor mischaracterized my position on indirect lending and NCUA’s role in supervising that activity at credit unions [CU Times, Nov. 4, page 16]....