News

For the second half of 2010, CUNA paid the salaries of two CEOs.

If current trends hold, the NCUA isn’t likely to have to levy a premium to shore up the NCUSIF this year, and if there is sufficient participation in the prepayment plan, assessments to repay the corporate credit union rescue could be reduced.

Credit Union Times has closed early for the Memorial Day holiday. We will re-open on Tuesday morning.

OMB official in conference call Thursday says admininstration is "hopeful" that independent agencies such as NCUA will respond.

The $135 million Oxford FCU is now running on a Symitar Episys core platform through league-owned service bureau.

Settlement approved May 19 covers 140 class-action claimants from Kansas Teachers Community Credit Union.