Credit Union Times | Accurate and Timely CU News

Legacy in Alabama 'Does Good' in Big Giveaway Promo

By Jim Rubenstein

A Birmingham, Ala. credit union, the $320 million Legacy Community FCU, has taken the Good Samaritan label to heart this month and over a six-week period did a full-blown give-away of products and services including 2,700 gallons of discounted gas.

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Stanford Federal Credit Union Sponsors Twestival Event

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R.I. CU Uses Web to Aid Members Caught in Floods

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March 30, 2010

Are CUs Missing the Mark in Serving Gay Members?

Credit unions that don't consider their gay, lesbian and transgendered members are missing out on a huge opportunity. So said Thomas Bowen, operations project coordinator at the $100 million Money One Federal Credit Union.

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March 30, 2010

Miller: Southeast Corporate May Market Services to Replace U.S. Central

Brad Miller stepped down from his position as executive director of the Association of Corporate Credit Unions in February to take over as president/CEO of the $3.3 billion Southeast Corporate Federal Credit Union.

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March 30, 2010

Trades Are Ramping Up Campaign Giving as Primaries Approach

The campaign giving patterns of CUNA and NAFCU in February could be best described as the calm before the proverbial storm.

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March 30, 2010

Accounting Firm Latest Defendant in Effort to Recoup New London Losses

Nearly two months after the NCUA filed a suit against Wells Fargo for negligence in the case of a deceased financial adviser, the agency has filed a complaint against the CU's accounting firm to recover losses.

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March 30, 2010

Louisiana Corporate Releases 2009 Audit

The $159 million Louisiana Corporate Credit Union released its 2009 audit March 23, possibly the first corporate to do so, according to president/CEO David Savoie.

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March 30, 2010

Two Ailing Sand State CUs Shed Branches and Shrink Loan Portfolios

In separate moves, two of the struggling sand state credit unions, the $851 million Arrowhead Central CU in California and the $370 million AEA FCU of Yuma, Ariz., found themselves suffering more of the recession's fallout this month.

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March 29, 2010