Credit Union Management

A credit union member in Florida has filed a federal suit against the $750 million IBM Southeast Employees Credit Union, alleging that a former broker-dealer firm that sold her investments was "nothing more than a bucket shop rife with fraud."

Credit union managers from around the country gathered in Grand Rapids, Mich., recently for CU*Answers' annual leadership conference and golf outing.

CUNA Mutual Group said it has signed a letter of intent to sell its individual retirement account services division to Ascensus, a retirement services firm.

OmniAmerican Bank, the former OmniAmerican Credit Union, has announced that it will make an initial public offering of stock in the fall, according to local media reports.

Don't rule health savings accounts out yet.

Deseret First Credit Union has opened the first financial institution in City Creek Center.