Credit Union Management

With agency valuations falling and owners looking for exit strategies, credit unions might want to consider searching for deals to acquire insurance agencies, according to one industry expert.

A $200,000 grant has been granted to conduct a study among Wisconsin's credit unions that aims to prove that financial education can motivate members to use investment tools to build wealth.

Three days after the NCUA took control of Eastern Financial Florida Credit Union, Space Coast Credit Union, appointed by the regulator to temporarily manage the Miramar, Fla.-based financial institution, has proposed a merger of the two credit unions.

With more representatives being wooed away from investment firms lately, there's greater emphasis on establishing enforceable agreements on who owns a book of client business.

Some 401(k) plan providers are turning down withdrawal requests from investors.

The last 18 months have proved to be trying times for some broker-dealers as clearing firms have encountered service disruptions and consolidations.