The $34.6M Ace Community CU of Ames will merge into the $389M Community Choice CU of Johnston pending member vote and regulator approval.
Credit union-affiliated households hold one-half of all personal financial assets in the U.S., and the industry has a reputation for being a trusted financial services provider.
Two New Hampshire credit unions, Northeast Credit Union and Woodlands Credit Union announced last week that the merger between the two credit unions has received all necessary member and regulatory approval. Woodlands Credit Union members approved the merger via mail-in balloting as well as in-person voting during a special meeting...
The constant challenge for a credit union is to become and stay a member’s primary financial institution. Marketers use “PFI!” as an impassioned rally cry, yet, what creates a member’s PFI choice is different per individual.
A veteran bond and commercial finance expert says ways exist for credit unions to make more without creating undue new risk.
Members who are tech savvy, highly mobile and rarely visit branches were those the $5.2 billion American Airlines Federal
Nearly eight years after the $851 million Arrowhead Credit Union bought a firm to bring a plethora of insurance services to its membership, it recently announced that losses and lackluster profits led to the cooperative selling the subsidiary.
The $1.2 billion Anheuser-Busch Employees' Credit Union has partnered with MEMBERS Trust Co. to bring trust and asset management services to its members.
The $851 million Arrowhead Credit Union has sold it insurance subsidiary, Sawyer Cook Insurance, several publications recently reported.