News

Faced with the knowledge that the economy will not be improving in the foreseeable future, the Irish credit union community is looking for options to save as many credit unions as possible.

Lake Catholic High School students in Mentor, Ohio, are receiving a bottom-line lesson in finance by co-operating a credit union on-site at their school thanks to the $166 million Cardinal Community Credit Union.

Too many merging credit unions disregard credit and debit card portfolios in their merger negotiations and preparations and this can result in needless expense and member problems, according to credit union and CUSO executives.

In the end it wasnt any one thing that led the Inspire Community Development Federal Credit Union to look for a merger partner. It was the impact of many smaller things.

My credit union lost $23 million when WesCorp failed so I can say I have 23 million reasons to want CAMEL ratings disclosed.

CAMEL scores are an NCUA cathartic to purge troublemakers and leave only the peace-loving, brain-dead, grade-grubbing teacher pets that they wish to control with the assignment of a grade.