Credit Union Management

CUNA Mutual's decision to diversify helped the credit union insurance giant increase its net income year over year despite the poor economic times.

In a case involving an alleged failed real estate transaction through a defunct credit union broker-dealer, LPL Financial Corp., the company that acquired the firm, said it was dismissed from the claim.

On Feb. 21, a Financial Industry Regulatory Authority panel will hear the matter between SECU Brokerage, LPL Financial Corp. an investment adviser and a trust that claims its deceased client suffered losses after an alleged failed real estate investment.

After nearly a decade of what it calls a "beneficial relationship with similar brands," Navy Federal Credit Union is finding the GEICO gecko its new best friend.

Credit union auto buying service Autoland Inc. said it is back in good standing after the Oregon Department of Consumer and Business Services issued an enforcement action against the firm for operating without a license.

VML Insurance Agency, a firm that offers a line of personal and business insurance plans and benefit packages, has been purchased by the $2 billion Lake Michigan Credit Union.