The yearend closing of eight branches of Arrowhead Central Credit CU including six in a California supermarket chain rekindled this week the local dispute over last June's NCUA conservatorship.
Check out our on-site coverage of the Diana Dykstra's first annual conference with the California and Nevada Credit Union Leagues exclusively online.
The topic was "merger strategies" at this week's annual convention of the California/Nevada Credit Union League but one CEO and session panelist has apparently found himself out of a job.
ANAHEIM, Calif. -- In a session that would have been taboo five years ago, the California and Nevada Credit Union Leagues Annual Conference was home to a session on merger strategies.
Alliant Credit Union, Chicago, announced that its charitable organization, Alliant Credit Union Foundation, has recently completed its first year of operations,
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.
Financial Service Centers Cooperative added a second location in Southern California's high desert region, deploying a Vcom terminal July 26 in an Apple Valley, Calif. 7-Eleven store.
John Worth, who has extensive experience as a government economist for several agencies, began work yesterday as the NCUA's chief economist.
The sudden NCUA takeover of the $876 million Arrowhead Central Credit Union on Friday was as much a surprise to the $4 billion Alaska USA FCU, now owner or co-owner of four former branches of Arrowhead, as it was to others, Alaska USA management reported.
The boards of the $3.5 billion Kinecta FCU and $1.2 billion NuVision FCU have announced their intent to merge into an institution that will serve 300,000 members in two Southern California counties.