News

Given current stagnant growth, aging boards and NCUA assessments, the industry need not be surprised by more small credit union mergers, the CEO of the $1.3 billion Affinity Plus Federal Credit Union, forecast Monday.

The Defense Credit Union Council recognized three military credit unions with its "Distinguished Service Award," last week.

The New Jersey Credit Union league recently sponsored a luncheon highlighting an effort to bring credit union services to more disabled people.

Credit cards led the way in what was overall very weak credit union loan growth in the second quarter, according to data reported to the NCUA.

As consumers aim to simplify their lives by cutting back on spending and building savings, credit unions are out front helping to make it happen, according to one CUSO.

The $220 million 1st Financial Federal Credit Union, which ranks among the largest CUs in metro St. Louis, has promoted its president, Frank Nelson, to CEO replacing Nina Pilger who has held the post for some period.