Credit Union Management

For many who have been laid off from their jobs, unemployment benefits can keep some sort of income coming in, but it is almost always not nearly enough.

At a recent investment education seminar at a large hospital in Boston, Matthew Morrow witnessed what he says is a shift in who were asking some of the more poignant questions.

Effective May 1, the $170 million United Bay Community Credit Union of Bay City combined with Kalamazoos $28 million Access First FCU.

The spate of Southeast bank failures is providing some extra bargains for credit unions that are able to acquire abandoned bank branches and other property.

Tony Budet, president/CEO of University FCU has been selected to serve on the board of CUNA, while Paul Trylko, president/CEO of Amplify FCU was elected chairman of the Texas Credit Union League.

CU*Answers, the Grand Rapids, Mich., CUSO that supplies the CU*Answers core processing system to 185 credit unions, has two more owners.