The number of high-profile CEOs managing apparently well run credit unions that are unexpectedly getting the ax seems to be increasing. What eventually happens to many once gainfully employed CEOs is not a pretty picture, especially in cases involving long time credit union CEOs over 50 years of age. The...

Based on the volume of letters to the editor received and printed in every issue of Credit Union Times, there is no doubt that the growing number of paid subscribers are closely reading this publication. So far this year every issue has carried one or more letters to the editor,...

From time to time I have used this space to extend kudos to credit union people and organizations. With the proposed legislation known as CURIA (Credit Union Regulatory Improvements Act) very much on page one again, more kudos are warranted. Kudos to all the credit union industry leaders who put...

Sometimes it seems like one of the most popular pastimes in credit union land is to engage in endless speculation, especially when it comes to high profile credit union people. "I heard (fill in the blank) was in big trouble with his board and will be let go at their...

As if unrelenting attacks from banking industry lobbyists on the credit union not-for-profit tax-exemption in place since 1937 aren't enough to keep credit union defenders constantly on their collective toes, Congressional lawmakers may be entering the fray through the back door. Of course I am talking about the current new...

Be forewarned. This is an I-told-you-so column. It is all about the rise and fall of the much-ballyhooed Credit Union Association of the West (CUAW), which is featured in a news story on page 1 of this issue. To refresh readers' memories, CUAW was the 2001 brainchild of the CEOs...

Although it is a huge and sometimes emotional step, hundreds of credit unions have undergone a name change in recent years. But when a credit union traces its founding back to two of the credit union "movement's" most revered pioneers, Roy Bergengren and Tom Doig, and when that CU has...

Today's volunteer credit union boards have so much on their policymaker plates that it has become a real challenge to just try and stay ahead of the curve. Not only because credit unions are larger, but mostly because they have become so complex. Important decisions can no longer be made...