News

Credit union CEOs have developed a newfound "merger competency" that is fast becoming part of their skill set, according to a new white paper report issued Monday by the CUNA Councils.

Since February 2009, certificates of deposit balances at credit unions have declined by $10 billion while money market accounts increased by $29 billion.

Washington State may have its first new credit union in seven years to be located on one of Seattle's commuter islands in the Puget Sound.

Depending on the outcome of certain procedural votes, the Senate could start its debate on legislation to revamp the regulation of financial services as early as Wednesday.

An Illinois credit union has gone first with a new alerts system that lets it notify members either by e-mail or text of individual account or system-wise events.

To keep capital flowing to small businesses, the SBA has received an additional $80 million to support its 7(a) and 504 loan programs.