Credit Union Management

Seeing the demand for a resource center opened by Hawaii First Federal Credit Union, the cooperative is gearing up to open a second one.

At its Sept. 7 annual policyholders meeting Sept.7 CUNA Mutual Group said 93% of them approved a new mutual ownership structure for the company.

The $1.3 billion United Federal Credit Union of St. Joseph, Mich. said last week its proposedand raremerger with an ailing Indiana savings bank is on track and could win final regulatory approval by the end of this month, according to the president/CEO of UFCU, Gary Easterling.

The NCUA is currently considering amendments to Part 703, the investment regulation. NCUA has not yet issued proposed changes.

CUSO Financial Services LPs top investment advisers and programs were recently recognized at the broker-dealers annual user conference in San Diego.

Executive compensation increases are on the rise this year.