WASHINGTON—"We have done many things well, some less so," said Mark Meyer, CEO of Filene Research, in what was the closing general session talk at CUNA's GAC conference.
Seven Whitefish High School students may have just become the most influential teenagers in northwest Montana after being selected by WHS from among 232 of their peers to become the first members of Whitefish Credit Union’s inaugural junior board of directors.
Their duties will include conducting their own board meetings, writing articles for WCU’s newsletter and implementing a community service project.
Many worried credit union eyes now are on July 1, the date when the NCUA has said it will bump up ACH fees for U.S. Central Bridge customers by 80%. That looming price hike has triggered a quick rush to the exits as corporates and their members race for alternatives.
Members First of Midland to take over Central Michigan of Clare after five-to-one approval vote from smaller CU.
The postmortem on last month’s two failed merger attempts that were victims of member opposition hits on three ingredients: poor communications, a rushed timetable and lack of enough advance explanation to constituents and the public.
Valley Federal Credit Union of Billings, Mont., has announced the selection of Michael Silvers as the credit union's next president/CEO, effective Jan. 23.
In this Print Preview from next week's edition, industry experts look behind the recent rejection of proposed mergers in Louisiana and Montana.
The chairman of the $63 million Montana First Credit Union, whose members three weeks ago shot down a merger bid from an out-of-state suitor, said Friday that his credit union plans to try again.
In a rare case of reversals, two proposed credit union mergers–one an interstate pact in the Northwest and the other involving Louisiana CUs–were called off last week as a result of member opposition.