The $17B PenFed names a new CEO and other career milestones announced this week.
As many credit unions learned recently during Hurricane Sandy, disasters can happen. Especially in storm-prone coastal areas, it’s important for credit unions to have reliable back-up plans for their data should a weather-related catastrophe strike.
LAS VEGAS — Credit union executives attending the annual meeting of the American Credit Union Mortgage Association received a mixture of optimism from credit union CEOs about the future of credit union housing finance and caution from a leading economist about the overall economy and the housing market.
LAS VEGAS — CEO panel tells ACUMA attendees that credit unions have broken through on mortgage lending.
Donations of time, money and effort.
Small institutions particularly hard hit by increased compliance costs and falling debit card interchange rate, subcommittee told.
ATLANTIC CITY, N.J. -- While it's still in the works, the plan for potentially recapitalizing corporate credit unions will likely have a built-in fail-safe for credit unions wary of recapitalization.
Many members of the panel charged by CUNA to make recommendations on how the corporate credit union system should be restructured will have more work to do.
CUNA wants a pared down corporate credit union system that requires little new capital from natural person credit unions.