The $125 million First Jersey Credit Union of Wayne, N.J., has broken a regulatory barrier on FOM expansion for state charters.
First Jersey CU wins state approval to serve four new counties, 1.8 million people in metro New York.
McGraw-Hill FCU goes after banks by name.
The Bank Transfer Day hype now includes T-shirts from CUNA and radio ads from the New Jersey Credit Union League.
Kansas City credit union planning account-opening table at Occupy Kansas City event on Nov. 5.
Another New Jersey CU advances in SBA lending.
The Maryland and D.C. Credit Union Association has hired an Illinois credit union executive to take over as CEO in October.
Disaster relief effort follows similar calls for help after flooding, tornadoes earlier this year.
For months it has been the sand states getting all the merger attention. But last week’s consolidation move by the $2.6 billion Visions FCU, Endicott, N.Y., to take over the long-ailing $330 million Paragon FCU in New Jersey shifted the merger focus to the Mid-Atlantic.
At the end it was touch-and-go, but at last New Jersey Gov. Chris Christie has signed the municipal deposit bill empowering credit unions to start accepting government funds.