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By David Morrison |
February 6, 2013
As some credit unions around the country gear up to apply for grant money from the U.S. Treasury’s Community Development Financial Institutions Fund, there are indications that credit unions are gradually becoming more sophisticated about navigating the grant writing process.
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January 16, 2013
The $73 million, 9,500-member Bridgeway Federal Credit Union in Poughkeepsie, N.Y., has been recognized as a community development financial institution by the Community Development Financial Institutions fund.
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By David Morrison |
January 2, 2013
Poughkeepsie, N.Y., credit union earns designation that will help its serve the underserved.
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By Heather Anderson |
November 6, 2012
Notes payoff called important milestone in efforts to resolve the failure of five corporates.
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By Heather Anderson |
October 16, 2012
CEO Vikram Pandit steps down, along with President/COO Michael Corbat on Tuesday, effective immediately.
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By Heather Anderson |
September 25, 2012
Action covers four years of telemarketing add-on products.
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By Michelle A. Samaad |
September 19, 2012
State-of-the-art facility to treat bone and joint cases will open for business thanks to financing from HOPE Enterprise Corp./HOPE Credit Union.
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By Heather Anderson |
August 5, 2012
Using the NCUA’s midpoint estimates of remaining corporate stabilization costs, CUNA Chief Economist Bill Hampel estimates it would take four more years of assessments similar to the 2012 rate of 9.5 basis points to pay off corporate losses.
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By Heather Anderson |
July 30, 2012
CUNA economist says lowering, spreading out payments would lessen impact on bottom line; NAFCU says release funds from NCUSIF.
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By Heather Anderson |
July 30, 2012
The 2012 Temporary Corporate Credit Union Stabilization Fund assessment of 9.5 basis points of insured shares will reduce annualized return on average assets for federally insured credit unions an estimated 8 basis points industry wide, to 0.81%, the NCUA said during its monthly board meeting July 24.
