News

The $1.4 billion Robins Federal Credit Union has grown its central Georgia footprint by $15 million this month with the purchase of the assets and accounts of two branches being spun off by the $465 million Park Community FCU of Louisville.

The $2 billion Coastal Federal Credit Union in Raleigh, N.C., has committed to using an automated investigation management solution from Aithent Inc. of New York City.

The $2 billion Coastal Federal Credit Union in Raleigh, N.C., has committed to using an automated investigation management solution from Aithent Inc. of New York City.

The NCUA’s rules regarding director responsibilities won’t increase the likelihood of litigation and won’t create a conflict between the interests of the credit union and individual members, NCUA General Counsel Robert Fenner said in an opinion letter.

NCUA Chairman Debbie Matz has begun a two-year term as chairman of the Federal Financial Institutions Examination Council (FFIEC).

Fourteen corporate credit unions have submitted a plan to NCUA to buy a range of assets of US Central Bridge, including payment services, products and other services.