California’s $3.1 billion Kinecta Federal Credit Union, party to a delayed mega-merger with the $1.1 billion NuVision CU, is in recovery mode this month, tending to a battered mortgage portfolio.
Member vote for merger with NuVision said not expected until at least mid-2013.
Ronald Flaherty has been promoted from executive vice president and chief financial officer to president/CEO of the $172 million TEG Federal Credit Union in Poughkeepsie, N.Y.
Ronald Flaherty, former executive vice president and CFO, succeeds Joseph Prokop, who retired Jan. 2 after 32 years at the helm of the 18,000-member TEG FCU in Poughkeepsie, N.Y.
The national fundraising by credit unions and their members to help victims of the Japanese disaster turned Monday to shoe collection and the sale of print art.
The $781 million Altura Credit Union is now offering users of iPhones, Androids, BlackBerrys and other Internet-enabled devices free downloadable mobile banking applications.
The $781 million Altura Credit Union is now offering its 110,000 members free mobile banking applications for iPhone, Android, BlackBerry and other Internet-enabled devices.
Ending a processing period that lasted eight months, the NCUA has approved the nation's biggest interstate merger, the $4.6 billion consolidation of First Tech Credit Union, Beaverton, Ore., and Addison Avenue FCU of Palo Alto, Calif.
The Golden 1 CU CEO Teresa Halleck said she wasn't looking for a new job when colleagues recommended she take a look at the $5 billion San Diego County Credit Union.
The $2.8 billion Hudson Valley Federal Credit Union of Poughkeepsie, N.Y., expects to complete a merger of the ailing, $50 million Putnam FCU of Carmel by July 1, the credit unions have announced.