The planned October merger by Navy Federal Credit Union of the ailing USA Fed CU last week generated both catch-your-breath predictions on the nation's future CU landscape plus stand- your-ground pledges by one West Coast competitor.
The planned merger by Navy Federal Credit Union of the long-troubled $604 million USA Federal CU is emblematic of a sharply escalating trend which could see another 2,500 mergers by 2015, Dennis Dollar forecast Monday.
Dave Serlo, longtime CEO of PSCU Financial Services and the CUSO's first employee, passed away from the complications of cancer on June 25. He was 63.
CUES has tapped nine industry experts as advisers to the new Center for Credit Union Board Excellence.
The credit union merger scene appears to be in a funk as 2010 gets under way.
Dollar Associates has teamed up with National Bankruptcy Services to tailor its bankruptcy administration program to credit unions.