Credit Union Times | Accurate and Timely CU News

Class Action Lawsuit Challenges Hovnanian

By Staff Writer

TRENTON, N.J. -- A class action lawsuit filed on behalf of shareholders of Hovnanian Enterprises, Inc., alleges that company principles including CEO Ara Hovnanian willfully misled and deceived them over the extent of liability the company faced in Florida real estate.

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On Site Coverage: Hampel Warns Directors to Resist Urge to Offset Falling Net Worth Ratios

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Report: Socially Responsible Investments Surpass Managed Assets

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March 18, 2008

With State Charter, Elevations to Open Three New Branches

BOULDER, Colo. -- Fulfilling an expansion pledge after dropping its federal charter, the $760 million Elevations Credit Union is adding three new branches in Boulder and Broomfield Counties over the next 12 months.

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March 18, 2008

Marginally More CUs "Higher Performing" According to Consultant

SEATTLE -- Marginally more credit unions became "high performing" credit unions in 2007 over 2006, according to noted CU consultant Tony Ward-Smith, but the consultant worries that the CU industry is not paying enough attention on getting the rest to reach high performing status.

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March 18, 2008

CPCU "Hoopty Love" Keeps Growing

CHARLOTTE, N.C. -- Carolina Postal Credit Union is still riding the wave of its popular "I Love My Hoopty" campaign.

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March 18, 2008

CPCU "Hoopty Love" Keeps Growing

CHARLOTTE, N.C. -- Carolina Postal Credit Union is still riding the wave of its popular "I Love My Hoopty" campaign.

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March 18, 2008

fi-linx, CUES Form Deposit Reclassification Alliance

MADISON, Wis. -- The Credit Union Executives Society and fi-linx, a technology solutions CUSO, have linked up to bring deposit reclassification to credit unions.

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March 18, 2008