Credit Union Management

With 41% of members belonging to the baby boomer group, credit union leaders have to change their mindset about what this influential segment demands or risk losing them.

While many directors agree that attracting and retaining younger, more diverse directors with a broader base of backgrounds is a priority, recruitment remains a challenge.

In the current climate of rising delinquencies and tightened regulation, credit unions need to be smarter to find opportunities to improve non-interest income.

More new clients and an increase in asset values have helped one of Northwest Federal Credit Union's subsidiaries reach the $500 million in assets under management mark.

The NCUA has reported it has completed the initial offering of NCUA Guaranteed Notes, investments backed by separate pools of mortgage backed securities.

FISHERS, IND. -- Credit unions are going through a defining moment and have an opportunity to figure out what they stand for and come up with a strategic plan to get where they want to be.