News

Access Capital Investment Group reached a milestone with the August sale of two more Centrix CU portfolios, bringing the total to $65 million for the last 12 months, said Seth Meyer, ACIG's secondary market manager. He predicted reaching the $100 million mark by year's end.

Relying on a new branding message to emphasize membership eligibility and a grassroots focus, the New York State Credit Union League said last week it is launching an aggressive and broad-based media campaign Oct. 1 under the slogan, "Credit Unions, Open to You, True To You."

In line with a trend toward private labeling, Westerra Credit Union has rebranded its securities subsidiary as Westerra Financial Advisors under CUNA Mutual's Brokerage Services unit.

NAFCU Chief Economist Tun Wai said that increasing new home sales in the western part of the country could mean the housing slump is turning the corner.

Credit unions are consolidating rapidly, but is it good or bad for the industry as a whole?

The issue of private insurance is heating up again as Washington State looks at reinstating a private insurance regulation.