The $640 million Georgia United CU and $205 million State Employees CU are seeking to merge in one of the largest Atlanta moves in recent years.
A director of the $1.7 billion Chartway Federal Credit Union, Lou Gull, is trying what the CU says is a tech-savvy and modern-day way to get votes for a seat on the NAFCU Board: use the full gamut of social media.
Ron Burniske, CEO of Chartway Federal Credit Union has strongly defended his CU's mergers with ailing Utah credit unions against critics in that state who say NCUA gave them short shrift
The $1.6 billion Chartway Federal Credit Union has consolidated a second NCUA-conserved Utah credit union, the $139 million SouthWest Community FCU of St. George, Utah.
Chartway Federal Credit Union, headquartered in Virginia Beach, will press its out-of-state expansion arrangements with NCUA, according to its CEO Ronald Burniske.
Any change to the rules regarding interchange fees would "provide an advantage to large financial institutions at the expense of credit unions and other small financial services providers,"
Any change to the rules regarding interchange fees would "provide an advantage to large financial institutions at the expense of credit unions and other small financial services providers."
Chartway Federal Credit Union Vice President of Operations John Blum is scheduled to testify Wednesday in opposition to legislation that would place additional restrictions on interchange fees.
Community Resource Federal Credit Union, Latham, N.Y., announced the hiring of Terry Langlois,
Chartway Federal Credit Union in Virginia vowed to "move forward" in soliciting more troubled CUs for mergers as it also defended its Jan. 1 NCUA takeover of a Utah CU as an opportunity to "save the culture" and protect identities.