Credit Union Management

Market analyst Barry Ritholtz told Credit Union Times he thinks the California Public Employees' Retirement System lawsuits against ratings agencies Moody's and Standard & Poor's have the potential to "go the distance."

Speeches by all three NCUA Board members, discussions on topics ranging from executive compensation to regulatory policy, and a concert by Kenny Rogers are among the highlights of NAFCU's Annual Conference, which starts this Wednesday.

Southeast Corporate Federal Credit Union told members earlier this week it will not seek additional capital in the form of a paid-in capital issuance as other corporates have done or are planning to do.

Five years ago, members served by Texas' credit unions parked half their deposits in shares and checking accounts. Today, they are moving those funds into certificates of deposits.

The 231 credit unions served by LPL Financial Corp. will remain on the independent broker-dealer's platform or the UVEST Financial Services' platform, the company said.

LPL Financial Corp., which counts hundreds of credit unions among its clients, announced today that it will integrate three of its affiliated broker-dealers that serve independent financial advisers.