CU*Answers said it has converted the $102 million Building Trades Federal Credit Union in Maple Grove, Minn., to the CU*BASE core processing system from CU*Answers, the Grand Rapids, Mich., CUSO said.
Credit union notes Matz testimony about member business lending cap, while 34-year member says conversion bid all about making money in stock sale.
Technology Credit Union is offering members a chance to win more than $15,000 in cash and four iPads as an inducement to vote.
Some places in the U.S. still have vibrant housing markets.
As annual meeting convenes, California credit union says it's awaiting NCUA clearance on disclosure materials.
Suburban Boston credit union, in interview with local newspaper, explains next steps in proposed changeover to bank.
Suburban Boston credit union says board gave go ahead Thursday night.
Vote on plan to proceed with conversion to mutual bank was scheduled Wednesday.
When a credit union makes the announcement that it is planning to convert to a bank, it almost always throws the industry into a tizzy.
The proposed conversion of the $1.8 billion HarborOne Credit Union to a mutual bank triggered fresh industry debate last week about the impact and efficacy of conversions as the Brockton, Mass., CU formally tendered its resignation from CUNA and the Massachusetts Credit Union League.