The Great Depression and the decades leading up to it forced many to look beyond their comfort zones just to be able to survive another day.
BALTIMORE — Call this the loud message out of NACHA 2012: Financial institutions can choose to innovate. Or to die. And the pressures are higher on community banks and credit unions for a painful reason.
Insurance, investment conglomerate working way through regulatory approvals to spin bank off into Wisconsin credit union.
As large national services firms continue to expand into a larger basket of financial products and invest heavily in branch services, the focus for community banks and credit unions needs to turn to how they can be everywhere their customers and members need them to be.
Democratic House members won’t pick a successor to retiring Rep. Barney Frank (D-Mass.) in the top spot on the House Financial Services Committee for a year, and it’s far from a sure thing that the member next in line, Rep. Maxine Waters (D-Calif.), will get the nod.
Jeff Russell may have started working with credit unions as a college freshman simply because the position at The Members Group paid better than food service, but the president/CEO of TMG Financial Services has since become credit unions' biggest advocate.
Retiring Massachusetts congressman's spot won't be filled for a year, but seniority may not be the deciding factor.
Credit union leaders have not said much about the news that Thrivent Financial for Lutherans is narrowing the business focus of its subsidiary Thrivent Financial Bank and launching a credit union for the bank's retail business.
Although they less frequent than credit union to bank charter changes, some banks have made the move to become credit unions.
No more. That’s CUNA’s message to the NCUA when it comes to regulations. In a 15-page letter to NCUA Chairman Debbie Matz, the trade association said it wants the regulator not to issue any new regulations during the next six months, and after that to do a better job of justifying the...