Credit Union Management

Vermonts regulator, now at the center of a bank-credit union scrap over the use of bank and banking in credit union advertising, last week set Aug. 22 as the date for a preliminary conference hearing on a proposed cease and desist order against the $600 million Vermont State Employees Credit...

Using the NCUAs midpoint estimates of remaining corporate stabilization costs, CUNA Chief Economist Bill Hampel estimates it would take four more years of assessments similar to the 2012 rate of 9.5 basis points to pay off corporate losses.

In 2010, there were an estimated 3,400 credit unions engaged in multi-featured open-end lending.

The NCUAs proposed rule that would allow it to declare state-chartered federally insured credit unions in troubled condition is the latest move by the federal regulator that has some state- chartered credit unions and their regulators crying foul.

The key financial indicators of Kentucky credit unions are positive, yet conservative. And thats just how they like it in the Bluegrass State.

Jim Park, founder of one of the nations two national credit union-owned ATM and point of sale networks, will step down from his position as president/CEO of Credit Union 24 at the end 2012. Mansel Guerry, former CEO of the 5,200-member $30 million Brightview Credit Union in Ridgeland, Miss., will...