For the second time this year, Michigan regulators place a credit union into conservatorship.
Pat McPharlin named director of the Michigan Department of Insurance and Financial Services.
Credit unions take a look back one year after merging.
Eight-year-old Anwar Hayow spent a recent day as a real big shot at Michigan State University FCU, where he was "Millionaire for a Day." See the slide show.
Credit unions have a mixed view on using outsourcing for collections, but agree on technology and outreach.