Credit Union Management

We agree with David Reiss that credit unions could benefit from increased competition resulting from a privatized mortgage market ("Professor Says CUs Should Back GSEs' Privatization," March 2, page 3) provided, as he states, that "they maintain their access on par with that of larger financial institutions." Otherwise, credit unions...

Expanding its SEG reach, the $780 million Metro Credit Union of Chelsea, Mass. is planning a merger with the $58 million University CU of Boston.

Credit Union of Atlanta has named Sheilah Montgomery its new president/CEO.

Effective April 2011, Martha Wye will be president/CEO of NARFE Premier Federal Credit Union.

Reality Check was the aptly chosen name for the New Jersey Credit Union League’s one and one-half day Atlantic City conference. Over the densely packed schedule of deep-dive presentations on topics of current interest to credit union executives, the several hundred attendees heard over and over two stark realities.

Credit unions certainly were not immune from the affects of the Great Recession. As a result of the downturn, many members have become delinquent on outstanding loans. Over the past few years, many credit unions have been forced to either reduce or renegotiate the debt owed to them by numerous...

NATIONAL HARBOR, Md. — Catherine Vallette-Kilroy recently spent a week listening to lectures during the day and studying for exams at night.

About 10 years ago, Vicki ONeills children were in their teens and early 20s.As they took on more and more adult responsibilities, she realized there was a need for them to get a formal introduction to handling finances.