Credit Union Management

As the markets continue to roil in the aftermath of the countrys credit rating downgrade, members are likely seeking safe havens for their investment choices.

Credit unions whose membership includes significant numbers of Federal Aviation Administration employees rolled out lower cost loans, fee reductions and other measures as an ongoing legislative dispute left the workers without paychecks.

Wisconsin, fast becoming the nations battleground for credit union-bank clashes over the tax exemption and CU to bank conversions, erupted anew last week with dueling press releases following a fresh appeal from the banking lobby to Congress tied to the debt crisis.

American Airlines Federal Credit Union of Fort Worth, Texas has agreed to pay nearly 300 current and former employees more than $83,000 in overtime back wages following a U.S. Department of Labor investigation.

Coastal Federal Credit Union has named Brad Miller chief financial officer.

Recently, I attended the 34th annual National Directors Convention in Las Vegas as a speaker on the topic of Relentless Strategic Leadership to Ensure Member Value. The sessions were attended by both directors and CEOs. The topic most commonly asked in both sessions were concerns about toxic board members,...