Former state official says a California chartered credit union has never converted to a bank.
Sixty-day order shutters Bensenville Community Credit Union and declares it insolvent.
A 2011 opinion letter says state chartered credit unions could convert through a purchase and assumption transaction.
An opera singer helps female credit union leaders improve communication in Australia.
Credit unions in Latin Americans nations post the highest membership gains in 2013, according to a new World Council report.
Those who help credit unions turn into banks say business is picking up.
More than 40% of top performers say they'd have to find a new employer to advance their careers.
The $26M Generations in Olympia, Wash., hires Bill Paulen to head the cooperative.
LAS VEGAS – Dale Johnson successfully turned around the $310 million Sun Community Federal Credit Union, and shared his efforts with attendees at NAFCU's Annual Conference.
Board directors need to have a healthy discussion about the changing financial services market.