From the Twin Cities to St. Louis, the pace of credit union merger deals in the Midwest was steady this month.
The merger trend in Canada is based more on traditional conditions as compared to the U.S. variety, which appears to be impacted more from economic stress, the president/CEO of one of Toronto's largest CUs said.
Ontario, Canada may have its first major credit union merger in years.
Georgia Federal Credit Union, Duluth, Ga., announced the winners for its 2010 John F. Donoghue Catholic scholarships, created in honor of the archbishop who petitioned to add credit union benefits to members of the Archdiocese of Atlanta.
Windsor Family Credit Union, Windsor, Ontario, presented the Harold Hewitt Scholarships to 16 local students in grades kindergarten through 12th.
Financial Services Centers Cooperative said its new shared branching locator application for the Android smart phone has already been used more than 5,000 times in the first week of its availability
Despite this "very challenging year," Financial Service Centers Cooperative, the California-based shared network, expects to return a $640,000 dividend to its participating credit unions, the firm said Wednesday.
GFA Federal Credit Union, Gardner, Mass., announced that Steven Anderson has joined its team as branch manager of its Fitchburg office.
Oregon credit unions over the Presidents Day weekend cleared a key hurdle in the clash with banks over investment of public funds following passage of a key bill by the Oregon House, 44-13.
Once majority-owned by CUNA Mutual Group, the acquisition of CUMIS Group Ltd. was completed on Dec. 31, the company's buyers Canada-based Central 1 Credit Union and Co-Operators Life Insurance Co. said.