News

Sen. Patty Murray (D-Wash.) has enlisted the help of several credit union leaders to enlist support for her measure to provide funding for financial literacy programs.

PSCU Financial Services announced that it has extended its offer of preferential relationship pricing to credit unions that sign a binding letter of intent to move their business to the cooperative.

Summit Credit Union of North Carolina, which has long experience in operating multiple credit unions, said this week it is taking its expertise to new levels by "reaching out to small credit unions" across the state to allow name and structure retention.

Four small credit unions have committed to core processing platforms from Open Solutions Inc.

Members of the $304 million Coastway Credit Union have received their ballot to vote on whether or not the Warwick, Rhode Island credit union will convert to a mutual bank charter.

MEMBERS Trust Co. was the top manager of exchange-traded funds in the country in 2008, according to Barclays Global Investors' iShares.