Credit Union Management

It started simply enough. Bank of America announced, and later reversed, a decision to charge debit card users a $5 fee.

A federal judge has dismissed most of the complaints financial institutions, including credit unions, brought against Heartland Payment Systems for its January 2009 card data breach.

Winston Churchill once said that a lie gets halfway around the world before the truth has a chance to get its pants on.

And then there were 16. That is the current count of corporate credit unions, after a year where all the institutions faced an Oct. 20 NCUA deadline to qualify as adequately capitalized per the regulators calculus.

I know what Im talking about at least half the time: my 2011 predictions were hit and miss. Like any other industry observer, theyre all educated guesses, and were even asked to speak about what we foresee. As the late Red Skelton is often credited with saying, Give the people...

In the ongoing pursuit to recover alleged mismanaged funds, another lawsuit tied to the collapse of New London Security Federal Credit Union has been dismissed.

The recent Bank Transfer Day was a watershed moment for the credit union industry. While some observers might attribute it to serendipity, it was no overnight success story.

Volunteer training, dealing with growing compliance demands and staying profitable enough to stay alive.