Credit Union Management

The long-term financial troubles at Nevada’s largest credit union, the $718 million Silver State Schools,, have also been accompanied by recent changes of senior management.

Guest blogger Randy Smith, founder, editor and publisher of news aggregator CUInsight, is wondering why credit unions don't see the Bank of America branch down the street as their competitors rather than another local credit union.

Raleigh, N.C.-based Local Government FCU's staffers participated in an intensive eight-hour review of the credit union industry’s cooperative principles and philosophy.

The massive WikiLeaks document dump prompted conversation but not much else, according to a survey taken at a recent national conference by a major Internet security firm.

The NCUA liquidated Land of Enchantment FCU, and Guadalupe Credit Union purchased and assumed its assets, liabilities and members.

The boards of federal credit unions can delegate hiring, firing and compensation functions to the executive committee and, within limitations, to the CEO, according to NCUA General Counsel Robert Fenner.