The 144,000-member, $1.6 billion Apple Federal Credit Union, Fairfax, Va., has become the first large credit union to leave CUNA this year. Three other large CUs, two from New Mexico and one from Texas, left the trade group last year.
Calling its move discouraging but necessary, the $1.4 billion University of Iowa Community Credit Union has undergone a pullback from its campus operations by closing two branches, ATMs and student ID services in a give-up to a local bank.
Apple Federal Credit Union has become the first large credit union to leave CUNA this year.
Dupaco Community Credit Union has formally promoted Joseph F. Hearn to president/CEO.
At the urging of South Carolina credit unions, CUNA has taken over the drive to formally own the “Every Day Is Bank Transfer Day” slogan.
Independent Community Bankers of America also vow to fight raising of member business lending cap.
CUNA is puffed up this month about a noteworthy achievement. Its online education series is now 10 years old and has reached what the trade group considers a noteworthy 104,000 self-study courses taught to CU staffers and directors across the U.S.
The media blitz scheduled this week to highlight achievements of cooperatives is taking a slightly different tone amongst credit unions in Oregon and Washington state.
Northwest Credit Union Association bulletin stresses transparency, cites new class action suit against bank.
Management switch at two large West Coast credit unions drew tributes and messages of support from NASCUS.