Credit Union Management

Thanks to excess liquidity, low term deposit rates and changes in the corporate credit union system, the two-year-old Accolade Investment Advisory, LLC is reporting $905 million currently under management.

For the first time in a least a decade, the national average rate for checking, savings, money market account and certificates of deposit at banks dipped below the 1% mark.

For the $180 million Gateway Metro Federal Credit Union of St. Louis, the path to reaching the youth market leads to more mergers of small, faith-based CUs, its president/CEO, David Barton, said last week.

The U.S. Attorney for Colorado has filed a notice of intent to appeal the court's decision in April that Bellco Credit Union does not have pay unrelated business income tax on its income from credit insurance and other areas.

General experience indicates that 'husky' girls-those who are just a little on the heavy side-are more even tempered and efficient than their underweight sisters." This gem of advice comes from the "1943 Guide to Hiring Women."

Banks in New Jersey, followed by Michigan, Pennsylvania, Virginia and Oregon appear to be dropping deposit rates the fastest.

This year marks several changes when converting from a traditional individual retirement account to a Roth IRA.

The Financial Service Centers Cooperative has replaced four previously shared branching outlets with a shared branch and kiosks housed in other spaces.