News

The current recession and changes in the regulatory climate continue to have a profound impact on the credit union trend toward mergers, a new Filene Research Institute study issued today concluded.

Kathy Keenan-Swanson, a teller at $76 million Southwest Montana Community Federal Credit Union, has been tapped as one of three finalists to fill the seat of Montana Rep. Dan Villa (D).

Members of Pennsylvania credit unions have saved nearly $7 million over what they would have spent with payday lenders, according to the Pennsylvania Credit Union Association.

Andy Poprawa, president/CEO of the Deposit Insurance Corporation of Toronto, said sustainability of the credit union business model is a global issue.

Rudy Pereira, senior vice president of operations and technology for $6.3 billion Alliant Credit Union in Chicago, will serve another term as chair of the CUNA Technology Council.

CRI Solutions Inc. said it has signed three more users of its CRIterion loan origination platform.