Credit Union Management

The SEC is asking Congress to give it more power to strengthen its investment adviser examination program including through assessing fees to fund exams, according to a new study from the commission.

The 60-month CD held its interest rate better than any other deposit product at banks, according to research firm Market Rates Insight.

When it comes to the most investments and loans in CUSOs, three Texas credit unions have the distinction of being in the top five ranking.

Although the final statistics for the year are not yet in, the FBI's numbers suggest that there were fewer robberies at credit unions and banks in 2010 than in 2009.

Altura Credit Union, Riverside, Calif., this month closed its branch office at E. Florida Ave. in Hemet, Calif., and merging it with its second Hemet branch office at 320 S. Sanderson

In the digital age, with more and more members contacting their credit unions through the Internet or a mobile device, traditional branches can seem a bit quaint and old-fashioned.

A case involving a widow who opened up a brokerage account with the defunct, CU-formed XCU Capital LLC, its shell later bought by State Employees' Credit Union, is in the middle of a regulator and legal quagmire.

Baby boomers said they are entering retirement with on average 12% fewer assets today than they had four years ago, according to a Cogent Research study.