News

The $30 billion U.S. Central FCU reported a $39.4 million second quarter net loss today, further depleting the corporate stabilization fund's $1 billion capital note to $310 million.

There's a new look and feel at SECU of Maryland.

The Credit Union Association of Oklahoma announced that its President/CEO Debra J. Ingram has left the association.

CO-OP Financial Services announced it has sealed a deal with the $5.6 billion Security Service Federal Credit Union to join its popular, surcharge free ATM network.

Some industry sources are privately pointing to the weekend conservatorship of the $139 million Family first FCU of Orem, Utah as signaling perhaps a new NCUA policy of protecting the NCUSIF as it bypassed big CUs as a merger suitor.

The $7 billion The Golden 1 Credit Union announced Senior Vice President/Chief Financial Officer Donna Bland is on track to nab the nation's sixth largest credit union's corner office permanently. Bland was named interim CEO Friday.