WASHINGTON — His predecessor had to lay people off and fight congressional efforts to dramatically increase the regulatory burden on credit unions.
Here's one of the articles that will appear in the next print edition of Credit Union Times.
The industry debate over the propriety of the public campaigns of small, deeply troubled inner city credit unions to raise capital among other CUs and the citizenry has generated lively and sometimes strident rhetoric.
Underlining CUNA’s stepped-up efforts on legislative advocacy at the state level, two leagues, California and Texas, unveiled plans Friday for “Hike the State Capitol” programming.
The $1.7 billion Redwood Credit Union of Santa Rosa, Calif. marking its first merger in three years, is expanding its local footprint by taking over the ailing, $90 million Cal State Central CU effective April 1.
San Francisco's deeply troubled Mission SF FCU, which embarked on an unusual fundraising campaign to keep it from collapsing, said Wednesday it may opt for a merger after all if it is unable to raise $200,000 by March 15 or perhaps sooner.
The harsh rhetoric generated from an online debate sparked by a Michigan CUSO accusing NCUA and major trade groups of being grossly out of touch with the industry's situation continued Wednesday.
NCUA-conserved WesCorp, now known as Western Bridge Corporate FCU, is following in the footsteps of its peer, Southwest Bridge FCU of Dallas, in forming a CEO-run advisory panel to help chart its next step.
The $1.6 billion Travis Credit Union is merging the ailing $177 million Metro 1 CU of Concord, Calif., effective next spring, it was announced Friday.
In an interview with Sarah Snell Cooke, editor-in-chief of Credit Union Times, Diana Dykstra, CEO of the California/Nevada Credit Union League, discusses how credit unions can compete against banks.