News

North Island Credit Union President/CEO John Tippets said he's "cautious but positive" he can right the struggling credit union's course.

Due to another batch of snow, which caused blizzard-like conditions and following last weekend's record-setting storm in the Washington area, the capital region's offices of federal government-including the NCUA-are closed again today.

Member business loans, which accounted for 6% of all loans in 2009, increased 5.8% in 2009 but dropped below growth trends seen over the past several years.

TNB Card Services, the card processing arm of credit union owned Town North Bank, saw an 11% increase in the numbers of credit card accounts and a $1.5 increase in retail sales with credit cards.

Ever so slowly, Mid-Atlantic credit unions were digging out today and opening their doors after the epic winter storms.

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