Federally-insured, state-chartered NAFCU members can now vote and serve on the trade association’s board.
One league CEO fears the move, which NAFCU members will begin voting on Wednesday, will fracture the credit union movement.
State chartered credit unions in the state see a 22.6% net income increase in one year.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Outside Alabama One, the state-chartered credit union system is fundamentally sound, regulators and executives say.
National Institute of State Credit Union Examination elects board members.
Whatcom Educational CU volunteers to go first. "We have so many auditors looking at us anyway, what's one more?"
In mid-October, Whatcom Educational Credit Union in Bellingham, Wash., will undergo one of the Evergreen State’s first separate examinations for consumer compliance, now required of all Washington state chartered credit unions with more than $500 million in assets.
John Kolhoff, director of the Michigan Office of Credit Unions, has been elected chairman of NASCUS, the association said Monday.
BECU General Counsel Parker Cann receives Pierre Jay Award at trade group's Idaho confab.