News

Olan Jones of Eastman Credit Union, which this week undertook its first merger in seven years, is no bragger but he's willing to crow about one thing: CU performance.

In a dense, 23-page preliminary decision, Judge George H. Wu has handed out holiday cheer to former directors of Western Corporate Federal Credit Union, according to experts who have studied the decision distributed to involved parties on Monday.

CUNA and NAFCU criticized proposed Federal Reserve rules that would increase disclosure requirements on credit protection products but had more mixed assessments of other parts of the plan.

The $333 million BrightStar Credit Union of Fort Lauderdale, Fla., has signed a multi-year agreement for online banking services from Connect Financial Software Solutions of Salt Lake City.

The credit union industry's longstanding charity beneficiary, Children's Miracle Network, will undergo a rebranding next month to become Children's Miracle Network Hospitals, but its management is again paying tribute to CU generosity.

The winner of CUNA's four-way race for a seat on the 2011 Board of Directors, Pat Wesenberg of Wisconsin, thanked her backers Wednesday and lauded her opponents for "their passion and devotion to the cause."

John McKechnie, who has headed the NCUA's Office of Public and Congressional Affairs for almost five years, plans to leave the agency early next year to take an as yet unannounced job in the private sector.

This holiday season Belvoir Federal Credit Union has helped locals send over 50 personalized eGreetings to friends and family.