CUs will need to watch the topic going forward.
Over the past 15 years, the percentage of adult children providing personal care and financial assistance to a parent has more than tripled.
Of the 30 employees at Autotruck Federal Credit Union, several of them have been working there at for least 25 years.
Plans were already on the table for South Carolina Federal Credit Union to launch another credit union service organization when one of the biggest threats to the industry started to reverberate.
Despite the uncertainty and legal challenges over the Patient Protection and Affordable Care Act, credit unions need to stay the course and proceed with changes required by the law, said Brad Pricer, senior manager of employee benefits product management at CUNA Mutual during the Texas Credit Union League’s annual meeting.
Volunteer Corporate Credit Union has announced its intent to explore a merger with West Virginia Corporate Federal Credit Union, VolCorp spokesperson Sandy Swofford disclosed.
The Wisconsin Credit Union League will be among guest speakers at a small business panel hosted by U.S. Rep. Ron Kind (D-La Crosse) next week.
With another deadline looming, Congress takes up funding measure today.
Unfortunately, 40% of the 78 million baby boomers haven’t saved enough to meet basic expenditures in retirement, according to the Employee Benefits Research Institute.
Mountain America Credit Union members now have access to long-term care insurance.