SNL Financial says reserves were $26.90 billion in the second quarter.
The bank is located outside the Tallahassee-based credit union's field of membership.
The $18 million Newark Firemen Federal Credit Union in Newark, N.J., has completed its conversion to the CU*BASE platform through CU*SOUTH, an Alabama-based CUSO that is an affiliate of CU*Answers, the Grand Rapids, Mich.-based CU*Answers said.
Alabama business owner receives three year federal prison sentence for kiting checks at his Alabama One CU business account.
The Michigan-based vendor holds steady at 225 credit unions running its CU*BASE core system.
LAS VEGAS – Executives and volunteers attending a Tuesday session on interest rate risk say they're making the necessary balance sheet adjustments.
The $153 million Kentucky Corporate Federal Credit Union has completed its merger into the Volunteer Corporate Credit Union, according to a VolCorp statement.
Surviving corporate VolCorp will maintain Kentucky Corporate's headquarters presence.
It was more than five years ago – March 2009 – when the NCUA seized WesCorp and U.S. Central, and thus began a shakeup that would completely redraw the map of corporate credit unions and their spokes. That story has been told, extensively, in CU Times.
Catch up with three former corporate leaders: Thomas Bonds, Francois Henriquez and Brian Hague.