Connecticut-based C.U. Members Mortgage Corp is penalized by its state banking regulator for another late call report.
John Kolhoff, director of the Michigan Office of Credit Unions, has been elected chairman of NASCUS, the association said Monday.
The $779 million Charter Oak FCU in Groton, Conn., will grow by 600 members with June 30 merger.
Connecticut regulator Mary Ellen O'Neill replaces Idaho regulator Mary Hughes on association board.
The Connecticut Credit Union League is joining the industry watch on Walmart Stores' move into financial services by issuing a member alert on the retailer's start of check-cashing in all 33 of its Connecticut stores.
With an eye on Walmart's expansion into financial services, the Credit Union League of Connecticut alerted its members Friday to the start of check-cashing services in all 33 of the retailer's Connecticut stores.