Credit Union Times | Accurate and Timely CU News

NCUA: Regs Do Not Require Notification Process For Some CU/Bank Mergers

By David Morrison

NCUA has determined that in cases where a state chartered, federally insured credit union is merging with a state chartered, federally insured mutual bank, the merging credit union does not have to follow the notification or ballot procedures that a CU would otherwise have to follow in a CU-to-bank charter...

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Iowa Insurance Commissioner Approves CUNA Mutual Consolidation

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WesCorp Sees Record Certificate Month in August

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September 07, 2007

ALM Training Package Offered by Corporate Central

Corporate Central Credit Union is now offering an ALM package that includes a series of Webinars, a modeling workshop, quarterly reports and consulting.

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September 07, 2007

Alliance One Adds Pennsylvanians to State Benefit Access Program

Alliance One, the national selective-surcharge ATM group managed by Corporate One Federal Credit Union, is now providing surcharge-free access to Pennsylvania residents who receive state-issued benefits and payments via debit cards.

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September 07, 2007

Brokerage Study Finds Credit Unions Have Room to Improve

Investment sales programs in credit unions have lower financial advisor productivity, slightly lower revenue penetration relative to their size, and thinner margins on that revenue than brokerage programs in banks, a new study shows.

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September 07, 2007

Employees Likely to Use Financial Planning if Included in Benefits

More than 80% of employees said they would take advantage of a financial planning option if their companies cover a portion of it as part of the employee benefits package, according to a new study.

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September 06, 2007

Newtek Business Acquires Merchant Processing Portfolio

Newtek Business Services, Inc. has purchased a merchant portfolio from Axeus, Inc. a product and services provider that focuses on technology for small businesses and consumers.

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September 06, 2007