A credit union merger is nothing unusual. But what is unusual and perhaps even unique is when the consolidating credit unions are led by a brother and sister who will be retiring from their CEO posts at the same time.
For some, the credit union movement is all in the family.
Groups hope to modernize country's regulations for credit unions to help shake off vestiges of Soviet rule, align with European Union standards.
The chairman of American Share Insurance Corp. reaffirmed the viability of the private system, as one "which is already shown to be working well" and yet the heated rhetoric over comparisons with NCUA is getting wearisome.