Credit Union Management

These days, CUNA Mutual Group says it pays out nearly $3.4 million in claims each day, which is a historical leap from the $40 death benefit it first paid 75 years ago.

Several credit unions, a school district and state municipalities were among the victims of a $10 million Ponzi scheme run by a Southfield, Mich., investment adviser, according to the FBI.

Account holders with time and money on their side may be turning to certificates of deposit in the $100,000 and above range with terms longer than one year.

Three credit unions received the Best Practices Award at the CUNA Technology Council's 15th annual conference last week in Las Vegas.

The revelation that NCUA sold $800 million worth of U.S. Central FCU and Western Corporate FCU securities in mid-September

InvesTex Credit Union recently broke ground on a new branch in the Houston Heights area to relocate current operations from its North Loop 610 West location.

OnPoint Community Credit Union has branched out in Deschutes County. The Portland, Ore.-based credit union's three new branches will create 26 jobs for the Bend and Redmond communities.

A recent Celent report finds that while the majority of financial institutions said improving branch sales and service performance was their top branch-channel priority, few have invested in technology to help realize that goal.