Credit Union Management

The Appellate Division of the New York State Supreme Court yesterday granted MBIA's motion to dismiss a suit brought against it by a group of banks that had sought to block the transformation of the Armonk NY financial insurance company.

Membership has certainly paid off for Motorola Employees Credit Union members who have been given back $1 million.

Executives at the $1.4 billion Ascend Federal Credit Union are taking steps to evaluate security after one of their 17 locations has been robbed three times in three weeks.

The Credit Union Information Security Professionals Association will hold its sixth-annual conference on Jan. 26-27 at the Austin Hilton Hotel.

With deposit rates for products such as money market accounts expected to remain low this year, consumers may continue to react based on the economy's uncertainty.

Credit union executives that have sensed their CUs seem to be getting less product for the same price are likely not imagining things, according to Consumer Reports magazine.