News

Two of the credit unions approached by Wings Financial Federal Credit Union about a possible merger are relieved that NCUA's ruling essentially stopped the industry's first unsolicited takeover, but they both remain cautiously optimistic.

In its first co-op ad blitz, the Montana Credit Union Network said this week it has launched its own version of "Bob Credit Union Guy" branding campaign on TV and radio stations across the state.

Credit union leaders are widely known for their open dialogues, but should those forums get lost, it may open the door for more "unsolicited" merger attempts.

Co-sponsorship for the Credit Union Regulatory Improvements Act continues to grow and more are waiting in the wings.

Even if the $319 million Lafayette Federal Credit Union had prevailed in the controversy over its balloting in its 2006 attempt to change its charter to a mutual bank, there are reasons to doubt whether the credit union would have ever become a mutual bank without significantly changing its operations.

Even if the $319 million Lafayette Federal Credit Union had prevailed in the controversy over its balloting in its 2006 attempt to change its charter to a mutual bank, there are reasons to doubt whether the credit union would have ever become a mutual bank without significantly changing its operations.