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California Credit Union In P&A

By Jim Rubenstein

Acting at the NCUA's behest, the $1.5 billion Western Federal Credit Union of Hawthorne, Calif. was the successful bidder last week to merge the failed $90 million Oakland Municipal Credit Union.

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Affinity FCU's Expanding Portfolio Books 50% Growth

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February 22, 2011

Mission SF May Have Partner

The travail of the $6.7 million Mission SF FCU of San Francisco continued last week, with apparently desperate efforts under way to save the deeply ailing community development CU from being liquidated or merged by the NCUA.

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February 22, 2011

NCUA Liquidates OTB FCU

The NCUA liquidated the New York City-based OTB Federal Credit Union on Wednesday, the agency announced.

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February 22, 2011

CEOs on New Fed Panels Vow To Raise Interchange

CEOs being appointed this month to the newly formed advisory panels of Federal Reserve district banks are eager to become CU advocates and plan to raise the debit interchange issue.

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February 22, 2011

PTMs Notch 1 Millionth Transaction at Coastal FCU

Members of the $1.9 billion Coastal Federal Credit Union have now transacted more than a million sessions at the Raleigh, N.C., institution's video banking personal teller machines.

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February 22, 2011

More Proof Auto Leasing Activity Up

If credit applications are an indication, the environment for car leasing may be the strongest since the recession, one firm has discovered.

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February 22, 2011

CUs Should Support GSE Privatization, Professor Says

CUs should back the eventual privatization of the Government Sponsored Entities Fannie Mae and Freddie Mac, according to law professor David Reiss in a Filene Research Institute paper.

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February 22, 2011

CUNA Slams Fed Debit Interchange Proposal

CUNA says the Fed's proposed interchange rule would have adverse effects for credit unions and that it should work with Congress to delay implementation by two years to further study the issue.

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Top News Stories

California Credit Union In P&A

Affinity FCU's Expanding Portfolio Books 50% Growth

Prepaid Cards Help Honda FCU Nurture Alliances

Recommended Just For You

News Stories

Mission SF May Have Partner

NCUA Liquidates OTB FCU

CEOs on New Fed Panels Vow To Raise Interchange

PTMs Notch 1 Millionth Transaction at Coastal FCU

More Proof Auto Leasing Activity Up

CUs Should Support GSE Privatization, Professor Says

CUNA Slams Fed Debit Interchange Proposal