Credit Union Management

Credit unions are making the most of the consumer outrage with big banks fees.

Theres a new leader at Northwest Community Credit Union.John Iglesias has been named president/CEO of the $700 million Springfield, Ore.-based credit union.

Irelands credit unions are in such dire straits that $1.3 billion in unused bank funds was recently approved to aid some of the countrys struggling cooperatives.

When John Unangst joined Franklin Mint Federal Credit Union in 1976, he knew little about credit unions, but he did realize what could happen if the single-sponsor CU failed.

If more people transfer their accounts to credit unions because of Bank Transfer Day. it could be a mixed blessing for some credit unions. However, thats a problem many credit unions would be glad to worry about.

As citizen frustration continues as demonstrated by the growing Occupy Wall Street movement, credit unions may be presented with another chance to show how they can help middle-class Americans meet their financial needs.