Two members of the $319 million Lafayette Federal Credit Union who opposed the credit union's 2006 bid to change its charter to that of a mutual bank have been recognized as candidates and placed on the CU's ballot.

Two members of the $319 million Lafayette Federal Credit Union who opposed the credit union's 2006 bid to change its charter to that of a mutual bank have been recognized as candidates and placed on the CU's ballot.

As the deadline to comment on fair value accounting for financial institutions closed, the Financial Accounting Standards Board was setting up a new time line for its merger accounting changes.

Expanded fields of membership for many credit unions may have helped the industry bring in an estimated 317,000 new members through February.

Mike Stevens has been named the new CEO of MidWest Financial Credit Union.

As part of the ongoing campaign against credit and debit card interchange, the National Retail Federation has attacked including sales taxes as part of the total charge upon which interchange is calculated.

To help support the recovery and renewal process following the tragedy at Virginia Polytechnic Institute and State University, Freedom First Federal Credit Union has established a memorial fund.

As an added layer to its asset management business, CUNA Mutual Group opened a new trading room here yesterday.