Sunmark Federal Credit Union President/CEO Bruce Beaudette said he plans to retire at the end of the year after more than 28 years of service. He is one of the longest serving CEOs in the Albany, N.Y., region, the $419 million, Latham-based cooperative said in a prepared statement. Beaudette led...
Weak savings growth over the past year and rapid membership expansion reduced the savings per member growth rate to 0.6% last month - the lowest since August 2000, according to CUNA Mutual Group's August Credit Union Trends Report.
A new NCUA video series, CUNA Mutual Group and a risk management vendor provide tips for credit unions to prevent employee fraud.
CUSO signs the $5.6B Digital FCU.
Risk-based capital, interest rate risk and cybersecurity will be hot topics at CUNA's San Francisco conference.
As written, the NCUA's risk-based capital rule tilts the playing field toward banks.
Credit unions say NCUA examiners are pressuring them to keep long-term fixed assets below 35% of total assets, sacrificing income.
Pressured by NCUA examiners and concerned about interest rate risk, credit unions shed mortgages and other fixed rate assets, giving up income.
CU Business Group CEO Larry Middleman shares his advice on serving business members.
OCC slaps Symitar provider with an enforcement order regarding its disaster recovery and business continuity processes.