Credit Union Management

The task of protecting 10 small highway credit unions in Missouri from being ousted from state offices just got tougher even after lawmakers gave vigorous support to the industry cause late last month.

Yesterday's strange trading activity during the market's large sell-off is no surprise given the strong recoveries for most indexes as of late.

For fiscal year 2011, the SEC said it estimates collecting $1.7 billion on transaction and registration fees but that would be offset by the $1.25 billion proposed by President Obama for the agency's operations.

As floodwaters were starting to recede and cleanup efforts begun, Tennessee credit union executives were assessing damage estimates Wednesday from rain-soaked facilities as several branches remained closed in both metro Nashville and Memphis.

The troubled Silver State Schools Credit Union, Nevada's largest, is having to do more belt-tightening and announced the closure of five more branches coming in June as it operates under a consent order with state regulators.

The number of shared branching transactions in Maine has risen significantly thanks to a pair of contests offered by Synergent, a CUSO subsidiary of the Maine Credit Union League.