News

The head of the nation's second largest airline credit union, the $5 billion American Airlines FCU, said Tuesday the merger of Alliant CU and the long-ailing Continental FCU, "seems to make sense."

NAFCU has sent a document called Managing Examinations in Challenging Times to all its member credit unions meant to help them address a more difficult NCUA exam environment.

The American Bankers' Association has suggested some credit unions should be forced to become banks.

CUES has narrowed the field of 523 Golden Mirror Award entries to 182 winners.

Aloha Pacific Federal Credit Union of Honolulu is moving ahead with expansion on two fronts: it merged a small, ailing CU and is opening its first out-state-branch in Las Vegas purchasing a Silver State Schools CU facility.

Two more letters went out yesterday from NAFCU to key lawmakers urging the inclusion of language that would increase the member business lending cap.