Compared to the second quarter of 2013, membership declined at 54% of the nation's credit unions in the second quarter of this year, according to the NCUA.
Prize-linked savings accounts produce ROI and are popular with members.
Credit unions in New Jersey have the lowest drop, Alaska has the highest growth in membership.
Brian A. Orenstein, president/CEO of $823 million Charter Oak Federal Credit Union in Waterford, Conn., was elected to the board of directors of the United Way of Southeastern Connecticut. Orenstein is also serving as this year's co-chair of the United Way 2014 campaign appeal. Charter Oak is also this year's...
Credit unions debate whether exclusive tablet apps are worth the resources.
The $379M Maryland credit union partners with Hitachi Government Finance to benefit members seeking government contracts.
The $1.4 billion American Eagle Federal Credit Union in East Hartford, Conn., announced last week that William J. Dokas would retire on Jan. 2, 2015, after 42 years there, including 24 as president/CEO.
SECU joins 150 small to mid-sized financial institutions using Continuity Control's system.
The owner of two online payday loan businesses that charged interest rates ranging from 89% to 169%, plus fees, will no longer be doing business in Pennsylvania.
Read about the latest new hires, promotions, retirements and other career milestones in the credit union industry.