Credit Union Management

Entering its 23rd consecutive year together, the Trust for Credit Unions mutual fund family recently renewed its long-time partnership with Goldman Sachs Asset Management.

Tom Candell, interim executive director of the National Credit Union Foundation said the foundation's new investment relationship is not meant to compete with corporate credit union but to expand the number of investment opportunities for CUs.

Faced with a significant drop in investment income from its Community Investment Fund, the National Credit Union Foundation has found another investment partner.

The banking industry may be licking their wounds these days, but "once they get their TARP funds back,"

Some retirees and pre-retirees who are opting for traditional solutions and managing their income on their own are giving the cold shoulder to some financial service firms hawking their wares.

There was a time when Credit Union of Texas members who wanted to shift some of their retirement assets around had to suffer through the painfully laggard and low-tech service offered by the credit union's broker-dealer.