The new head of the California/Nevada Credit Union League, Diana Dykstra, joined the industry chorus Tuesday against CUs making hasty decisions on corporate services, stressing initial system recommendations may be at hand in a matter of weeks.
Members in the Newtown branch are primarily young families concerned about building savings for their children's college education, while those in Innerburb tend to be empty nesters interested in boosting their retirement savings.
Alliance Credit Union, Fenton, Mo., selected three recipients for its 14th annual granting of college scholarships.
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.