Credit Union Times | Accurate and Timely CU News

Catalyst Corporate Wins Bidding For Western Bridge

By Robert McGarvey

The email from the NCUA to current Western Bridge members summed it up.The National Credit Union Administration Board awarded Catalyst Corporate Federal Credit Union (Catalyst) the exclusive right to acquire Western Bridge Corporate Federal Credit Union (Western Bridge).

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Proposed New CUSO Regs Feel the Summer Heat

Commentary

As CUs Have Changed, So Too Must Collections

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December 18, 2011

FDIC Approves Mich. CU’s Purchase of Thrift

In a landmark ruling, the FDIC last week gave approval to a credit union-bank deal by which the $1.3 billion United Federal Credit Union of St. Joseph, Mich., can buy the ailing the $80 million Griffith Savings Bank of Indiana, according to attorneys representing UFCU.

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December 18, 2011

PenFed Teams Up With Marine Corps League

The $15.1 billion Pentagon Federal Credit Union and the Marine Corps League have announced that the former is now the latters exclusive, preferred financial services affinity partner.

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December 18, 2011

Passageways Social Site Notches First Year

More than 650 people have shared 500 answers and viewed pages more than 13,000 times in the first year of a social collaboration portal for clients of Passageways LLC, the company says.

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December 18, 2011

NAFCU’s Tech Show Set for February

Engaging consumers where they are now and in the future will be key topics at NAFCUs 2012 Technology and Security Conference set for Feb. 14-16 at the MGM Grand in Las Vegas.

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December 18, 2011

MIDFLORIDA to Buy Space Coast Tampa Branches and Assets

The Tampa Bay market in Florida is such prime territory for MIDFLORIDA Credit Union that the cooperative is on a mission to build its presence there.

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December 18, 2011

Corporate Central Board Chair Retires From Altra FCU

Corporate Central Credit Union announced that Gerald Forsythe has retired as board chairman and from his post as CEO of the $843 million Altra Federal Credit Union of La Crosse, Wis.

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December 18, 2011