Credit Union Management

The serious problems at Arrowhead Credit Union may have been on regulators' radar for months, but the NCUA's June 25 takeover of the $876 million California CU surprised some in the CU community, including the

Rates and balances for money market accounts and certificates of deposit continue to seesaw indicating that consumers may be reluctant to lock their money amid economic uncertainty.

Credit unions may continue to receive direct deposit of payroll checks from their baby boomer members for some time after those members would traditionally be expected to retire.

As if it weren't enough that some baby boomers are adjusting to not being able to retire when they would like to, many of them are now dealing with con artists targeting them for all kinds of fraudulent schemes.

The $330 million Vons Employees FCU opened a full service, in-store grocery branch in Hesperia, Calif. today, moving into a Wells Fargo facility that had closed just 30 days ago.

The $4 billion Mid-Atlantic Corporate FCU today released on update on the progress of its new membership structure, which has resulted in capital conversion agreements that total nearly $116 million.