While Kentucky credit unions are performing higher than the national average in a number of areas, the cooperatives were challenged by CUNA Mutual Group to seek out more growth strategies.
Using an add-on appliance to turn its wide area network into a kind of virtual local area network, Louisville, Ky.-based Park Community Federal Credit Union has eliminated the need for servers at its branches.
Credit unions took their case for keeping the status quo on interchange fees to Capitol Hill last week as House and Senate conferees began their effort to reconcile the different versions of the regulatory overhaul bill.
NCUA Associate Regional II Operations Director Herb Yoller is the new Temporary Region III director the agency announced today.
After having dropped off for a month, CUNA's Credit Union Legislative Action Council is again on the list of top of the top 20 donors to federal candidates, according to data compiled by the Center for Responsive Politics.
Kentucky credit unions hailed a May 20 ruling by the Kentucky Supreme Court that struck down a long-running banker challenge on community charter field of membership expansion.
Latino Community Credit Union has been singled out by the Southern Growth Policies Board as the 2010 Innovator Award winner.
After being in a court-ordered field of membership limbo lasting six years, one Louisville, Ky. CU said it stands ready now to finally sign up new members and expand services in one of its suburban branches.
The May 18 primary elections provided more good than bad news for credit union-backed candidates.
Credit union lawyers were hailing a Kentucky Supreme Court ruling upholding state authority on field of membership powers as providing the banking lobby "a resounding defeat" as part of its ongoing quest to curtail CU expansion.