News

Oregon credit unions this week are celebrating several key victories in the state legislature including passage of bills to clean up language on nonmember products, allowing CUs to receive homeowner and condo association deposits and new oversight on financial literacy.

It's been nine years since Peter Nalaskowski has served in the credit union industry, but the financial services veteran is back in a new role as president/CEO of IBM Metro Employees Federal Credit Union.

Wal-Mart's first effort to reach out to underbanked and unbanked customers does not offer them such a good deal, according to a firm trying to compete in the same space.

In a draft report scheduled to be discussed at Senate oversight hearing today, the Small Business Administration's Office of the Inspector General criticizes the agency for canceling more than 7,700 "approved" disaster assistance loans to those business owners impacted by 2005's deadly hurricanes.

The wait to see who would replace the legendary Bill Myers at Alternatives Federal Credit Union here is now over. AFCU announced that the CU search committee selected Tristram Coffin, the Pacific Northwest CUSO CEO and NACUSO award-winner after a yearlong search. Coffin's first day at the helm was Wednesday,...

NCUA Chairman JoAnn Johnson urged credit unions to take part in a Treasury sponsored test of the financial sector's ability to handle a bird flu outbreak or other pandemic.