New executive director's focus on helping nearly 700 credit unions newly committed to low-income credit union designation. Get the story early in this print preview.
An Internet trailblazer and former banking executive are the unusual pair behind the chartering and eventual launch of the newest federal credit union.
New Jersey's Internet Archive FCU brings together Internet Archive founder Bernard Kahle, a former New York banker and backing from CU industry.
Clifford Rosenthal blasts industry's treatment of NCUA nominee.
Author Clifford Rosenthal cites limited recognition of credit unions in community development finance during Great Recession.
Clifford Rosenthal, CEO of the National Federation of Community Development Credit Unions, is leaving the federation to take a position with the Consumer Financial Protection Bureau.
Longtime National Federation director begins new job on May 7.
Rosenthal declined to identify his future employer prior to that organization making an announcement.
Amid the general excitement about Bank Transfer Day, some commentators have urged caution upon credit unions. They have pointed out that small-dollar, single-product new members may not be profitable; that a large influx of deposits may dilute net worth ratios; and that promises that “we’ll never charge you fees” may...
The nomination of Carla Leon-Decker to the NCUA Board was welcomed Friday by the National Federation of Community Development Credit Unions.