News

How much do members really care about credit union name changes? Like last winter's "Optiva" flap at the $575 million University of Iowa Community Credit Union.

The $1.1 billion Polish & Slavic Federal Credit Union will distribute almost $300,000 among almost 200 high school graduates and current college student members as part of its annual scholarship program, the CU said.

Co-sponsorship of the Credit Union Regulatory Improvements Act (H.R. 1537) is racing toward the 125 the legislation topped out at last Congress.

Other reactions have begun to flow in to the Coalition for Credit Union Charter Options suit against the NCUA's charter change regulations. CCUCO is an organization led and advised by bankers which claims to have member credit unions, but which has never released the number or names of those institutions.

JoAnn Johnson, chairman of the NCUA Board, said she was disappointed, but not surprised by a suit filed by the Coalition for Credit Union Charter Options seeking to roll back years of NCUA regulations regarding the disclosures and voting procedures regarding credit union to bank charter change votes.

Executives with two of the largest organization affiliated with the credit union credit card industry choose to spend vacation time with family, but not all of them take their primary vacation in the summer.

North Island Credit Union is ready for its new "island" headquarters to be a "green" experience.

USA Federal Credit Union President/CEO Mary Cunningham told the House Subcommittee on Financial Institutions and Consumer Credit today that credit unions' are already operating within the spirit of Carolyn Maloney's (D-N.Y.) overdraft legislation.