Lone Star credit unions approve merger Wednesday. Arkansas, Oklahoma league votes coming up next.
A Lexus dealership, sun-soaked Miami Beach, a rogue police officer and nearly a dozen criminal accomplices. It might sound like the early sketches of a Hollywood action film, but the setting and characters are real.
Every day, six days a week, a credit union closes and never re-opens. That has been going on for many years. More than 3% of credit unions have annually closed for the past decade. By 2025, the United States will have around 4,500 credit unions.
Although the NCUA is already addressing key findings revealed in a national survey conducted by CUNA and its affiliated state league organizations, the trade association told Credit Union Times that the results still show room for improvement.
Even though Paul Gentile has been working as CUNA’s new executive vice president of strategic communications and engagement for only eight weeks, he has already hit the ground running by opening more channels of communications with CUNA members through a variety of recently launched projects.
Trade group says agency already addressing key findings in its survey of 1,500 respondents about examination process.
Do the math. Look to your right. Look to your left. One in three credit unions will vanish by 2025. Find out more in this week's preview from next week's print edition.
Parsippany, N.J., credit union takes in $2 million neighbor from Denville.
The NCUF announced the election at its meeting this week in Anaheim, Calif., along with other board changes.
Task force in two-day Dallas confab to plan spring vote that would form Cornerstone Credit Union League.