Credit Union Management

Governance questions may not get more visceral who makes the biggest decisions at a credit union? The question is easy to ask, but for some, it can be bafflingly hard to answer.

Creating and sharing, for sale, its in-house development work has earned the $3.4 billion Redstone Federal Credit Union the 2012 Model Bank Award from research consultancy Celent.

The $49 billion Navy Federal Credit Union is now offering its 4 million members upgraded iPhone and Android mobile banking apps.

The 51,900 members of the $747 million Texas Trust Credit Union in Mansfield, Texas, are now being offered mobile banking.

Because credit union boards are members too, they know how theyre treated as members and what they expect from their financial institution. But at the same time, they need to be more savvy than the average member about whats happening at the credit union.

CU*Answers said it has finished converting the $43 million, 5,800-member Greensboro Municipal Federal Credit Union to its CU*BASE core processing system.