Credit Union Management

Women, those with high education levels and defined contribution plan holders are among those most open to establishing a trust account, according to a new Filene Research Institute report.

The SEC has proposed rule amendments to help clarify the use of target date funds, which are typically tied to a date an investor is set to retire.

With the recent filing with the SEC for an initial public stock offering by LPL Financial Corp., it remains to be seen what impact, if any, the move will have on the company's more than 230 credit union clients.

A bank employee who pleaded guilty in July 2009 in a case involving $4 million in stolen certificates of deposit from four credit unions and other financial institutions is scheduled to be sentenced this month.

Now that it has some tangible evidence from a nearly year-old project that provided training to credit union employees on investment education, the Wisconsin Credit Union League is gearing up to reach the poor and underserved.

The $1 billion Royal Credit Union of Eau Claire, Wis. wasted little time in the purchase/conversion of 11 branches of an ailing Madison bank setting June 26-28 as the formal switchover.

All three federal regulators with a say in the matter have given a green light of Royal Credit Union's purchase of a struggling bank's assets.

Gateway Services Group, a solutions provider CUSO, will host a series of free Webinars on best practices within a credit union's investment, insurance and trust departments.