News

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  Eli Lilly Hires Vice President of Lending

  By Marc Rapport  |  May 23, 2013

  The $1.1 billion Eli Lilly Federal Credit Union in Indianapolis has hired veteran banker Ron Senci as its new vice president of lending.

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  NASCUS and CFPB Sign State-Chartered CU Exam MOU

  By Heather Anderson  |  May 23, 2013

  Bureau, trade group agree to promote consistent exam procedure and consumer law enforcement, minimize regulatory burden.

• Oklahoma Tornado: Pen Air FCU Latest to Aid Victims

  By Michelle A. Samaad  |  May 23, 2013

  The $1.2 billion credit union in Pensacola, Fla., said all funds collected will be sent to the American Red Cross.

• Loan Losses Force NCUA to Flip the Switch on Electrical Workers CU

  By Heather Anderson  |  May 23, 2013

  Small Texas credit union had 527 members, lost $295,200 in first quarter.

• HealthONE Federal Credit Union Merges with Partner Colorado Credit Union

  By Peter Strozniak  |  May 23, 2013

  Colorado consolidation for small, hospital-based credit union opened in 1970.

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  NCUA Economist: Moderate Growth Could Prompt Some Interest Rate Concerns (video)

  By Heather Anderson  |  May 23, 2013

  The NCUA on Thursday released its May economic update on the agency’s official YouTube channel.

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  Minnesota League Meeting Draws More Than 300 Attendees

  By Peter Strozniak  |  May 23, 2013

  Patrick Pierce of City & County Credit Union re-elected chairman.

• Oklahoma Tornado: Redstone Collecting Donations in Alabama

  By Heather Anderson  |  May 23, 2013

  Alabama credit union in area that has seen its own share of twister terror, steps up to help.

• NCUA Derivatives Fees a Deal Breaker for One Pilot Program CU

  By Heather Anderson  |  May 23, 2013

  Affinity CFO says "to pay fees to reduce risk to the fund is alien to me in any other regulatory regime.”

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  Leominster CU Names SVP its New CEO

  By Marc Rapport  |  May 23, 2013

  John O’Brien has been promoted to president/CEO at the $613 million, 49,400-member Leominster Credit Union in Leominster, Mass.