Credit Union Management

Chicago credit union promotes Meredith Ritchie to the newly created position of vice president, general counsel and chief ethics and compliance officer.

While they may lack confidence in their overall financial knowledge, the CUNA Womens Financial Survey released Aug. 6 said saving for retirement is their No. 1 financial priority.

Just because some founders of the Occupy Wall Street group have decided to launch a financial coop-erative that is not a credit union, doesnt mean they are against the idea.

Credit union CEOs who manage more than $250 million in assets earn more in base salary and total compensation than their banking counterparts do, according to the 2013 CUES Executive Compensation Survey, released Aug. 2.

To excel in todays competitive environment, boards must be willing to make bold decisions. However, bold decisions can be risky, particularly for directors worried about protecting their personal assets. Directors should feel comfortable being decisive without the threat of litigation hanging over their heads.

In talking with other volunteers in the credit union industry, I find it interesting that we almost always face the same major issues.

Mark Fetcher doesnt care why New London Security Federal Credit Union failed back in 2008.

More than 10 years after it opened its doors for business, BECU Trust Co., has entered a new phase.