New York Credit Union Association says it does not endorse one charter structure over another.
Longtime customers of Thrivent Financial Bank, an Appleton, Wis.-based bank with credit union roots, may experience confusion and feelings of déjà vu in the coming months as the bank returns to being a credit union.
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.
A dispute over who owns the rights to the name of a long-standing credit union real estate institution appears to pit a mortgage consultant within one of the institution's chapters against the leading provider of private mortgage insurance for credit unions.
Ten years after consolidating credit unions and banks, Thrivent Financial plans to create an independent new credit union.
Weather-related losses this spring help drive $12 million drop in net income from year-ago period.
Looking at even the worst-performing member business lending portfolios, credit unions still have low delinquency rates.
Late last year the NCUA published its regulation on expectations for credit union directors. The agency focused specifically on financial literacy and how it will be measured. As the July 27 deadline for compliance looms, Credit Union Leadership Forum conducted a survey of credit union executives and board members as...
A jury has ruled that Michigan First Credit Union was entitled to $5 million in damages from CUMIS Insurance Society Inc. in a case involving a wrongful denial of a fidelity bond claim.
Detroit court rules credit union is entitled to $5 million in damages and another $2.7 million in interest.