Tennessee corporate to take in Kentucky counterpart, second merger in two years for VolCorp.
As many as 30 credit unions in West Virginia and Ohio have been scrambling to establish new correspondent vendors after a regional and national bank terminated their accounts over the past few weeks.
Huntington, JPMorgan Chase closed accounts at up to 30 West Virginia, Ohio credit unions, their corporates say.
Taking in West Virginia Corporate in 2012 helped reduce net income $500,000 from 2011.
Nashville corporate re-selling CU Mobile Apps product from Member Service Solutions.
The $1.3 billion Volunteer Corporate Credit Union elected two new members to its board and re-elected a third during its annual meeting.
The theme of Forum ‘12 is Digital Survival Guide, with a focus on online security, social media, risk/performance and digital transformation.
A temporary Federal Reserve program is quietly providing a cushion to corporate credit unions as they attempt to raise capital from members to meet NCUA regulatory requirements.
Ask Michael Bittle, CEO of the Vanderbilt University Credit Union, where his $25 million Nashville, Tenn.-based institution would be without its corporate credit union and he softly chuckles.
Ask corporate credit union senior executives what keeps them up at night and for many, it’s whether they can grow their business.