News

NAFCU President/CEO earned $608,759 in total compensation last year, an increase from $485,993 in 2008, according to data released by NAFCU.

In a year when former CUNA President/CEO Dan Mica presided over layoffs, furloughs and budget cuts, his paycheck took a hit as well.

Thanks to excess liquidity, low term deposit rates and changes in the corporate credit union system, the two-year-old Accolade Investment Advisory, LLC is reporting $905 million currently under management.

Because of Florida Gov. Charlie Crist's decision to leave the GOP and become an independent, CUNA has provided financial support to more than one Senate candidate in the Sunshine State.

Credit unions still hold an edge over banks when it comes to trustworthiness, according to the latest consumer poll conducted by the college-based Chicago Booth/Kellogg School Financial Trust Index.

For the first time in a least a decade, the national average rate for checking, savings, money market account and certificates of deposit at banks dipped below the 1% mark.