News

The $1.6 billion Wings Financial Federal Credit Union does not plan to attempt to convert its charter to that of a mutual bank even though its CEO, Paul Parish, resigned from different positions with CUNA and NAFCU over the charter change issue.

In its continuing efforts to improve its response to major disasters, the Small Business Administration has brought back James Rivera as deputy associate administrator to lead the agency's Office of Disaster Assistance.

Savings growth at credit unions continues to be a disappointment.

NCUA Office of Small Credit Union Initiatives Director Tawana James "In terms of the easiest type of institution for the program to certify, it tends to be credit unions." --Treasury Community Development Financial Institution Fund's Pam Williams "You don't want to forget the weakest link in your security model and...

The $160 million Cumorah Credit Union has selected Pemco Technologies for ATM issuing and acquiring. The Las Vegas institution already uses Pemco for Visa credit processing, Pemco announced.

The Financial Services Regulatory Relief Act (S. 2856) is waiting on the final step in the process to become law: George W. Bush's John Hancock.