News

The NCUA on Friday liquidated its first credit union of the year, the 6,800-member Eastern New York Federal Credit Union in Napanoch, N.Y.

Silver State Schools Credit Union continued to lose money in the fourth quarter but less than before, and the Las Vegas credit union got a $4.4 million advance from its private insurer.

Silver State Schools Credit Union continued to lose money in the fourth quarter but less than before, and the Las Vegas credit union got a $4.4 million advance from its private insurer.

An unusual three-way merger in Columbus, Ohio is taking shape as the three credit unions, Western CU, Powerco and Members First, form a $170 million consortium.

An unusual three-way merger in Columbus, Ohio is taking shape as the three credit unions, Western CU, Powerco and Members First, form a $170 million consortium.

The chairman of the $63 million Montana First Credit Union, whose members three weeks ago shot down a merger bid from an out-of-state suitor, said Friday that his credit union plans to try again.