Patelco says it's happy with new replacement for its formerly popular Sharebuilder investment program.
Patelco Credit Union has rolled out a new service that allows members to invest in mutual funds for as little as $5 at a time.
Credit Union Times feature, Vox Populi. We pose a question, and industry executives sound off on a timely topic.
No conversation about the future of corporate credit unions goes very far before an ugly question intrudes. Isn’t it time to extinguish corporates entirely and turn the correspondent service work over to banks?
The sign on some credit union doors this spring might be "Help Wanted: Highly Educated Chief Financial Officers, Well-Versed in the New Accounting Rules and Ready to Put in Long Hours on Mergers." And one other requirement: the employing credit union best prepare to spend big bucks for outside accounting...
Glum is the one word summing up of the mood of the bridge task forces, at least for Members United Corporate Bridge and Western Bridge and their plans to create viable entities for tomorrow.
In accordance with NCUA's instruction that bridges transition to independently operating corporates, Western Bridge issued a statement that indicated it planned to pursue a new charter.
The urge to serve the industry during what one CEO called "a very exciting and anxious period" coupled with heightened interest in dealing with the corporate dilemma are apparently
NEW ORLEANS -- Representatives from four credit unions that were involved in mergers or acquisitions shed some light on the closed-door and detailed process during a CUNA CFO Council session.
Federal accounting rules, deteriorating securities and an increasing corporate bailout price tag are hurdles the NCUA will have to overcome in its quest to rid corporates of toxic investments.