Credit Union Times | Accurate and Timely CU News

Speaking No Evil as CRE Troubles Put Nerves on Edge

By Michelle A. Samaad

The credit union industry is known for its kinship. Few dare to go on record and point fingers at their credit union peers for poor loan performance.

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Professor Says CUs Should Back GSEs’ Privatization

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CU CEOs Appointed to Fed Panels

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March 02, 2011

Merger Rules Impact CFOs

The sign on some credit union doors this spring might be "Help Wanted: Highly Educated Chief Financial Officers, Well-Versed in the New Accounting Rules and Ready to Put in Long Hours on Mergers." And one other requirement: the employing credit union best prepare to spend big bucks for outside accounting...

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March 02, 2011

On-Site Coverage: CU Leaders Tell Lawmakers About Regulatory Burdens

WASHINGTON — Two credit union advocates told lawmakers today that the increased regulatory burden faced by the industry was hurting the ability of institutions to serve their members.

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March 02, 2011

Nine Indicted for St. Paul Croatian Collapse

The U.S. Department of Justice has indicted nine people, six men and three women, for fraud, bribery and money laundering in connection with the collapse of the $239 million St. Paul Croatian Federal Credit Union.

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March 02, 2011

On-Site Coverage: CU Leaders Push Congress on Impact of Interchange Regulations

WASHINGTON — The debit interchange rule and other new requirements on credit cards and mortgages will make it harder for credit unions to serve their members, according to Bill Cheney and John Buckley.

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March 02, 2011

Homeless Man Returns $1,440 Lost by CU Attorney

The outside legal counsel for the $35 million Apex Community FCU of Pottstown, Pa., is one relieved lawyer today, after a homeless man found and turned in his lost envelope containing $1,440 in cash.

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March 02, 2011

Homeless Man Returns $1,440 Lost by CU Attorney

The outside legal counsel for the $35 million Apex Community FCU of Pottstown, Pa., is one relieved lawyer today, after a homeless man found and turned in his lost envelope containing $1,440 in cash.

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March 02, 2011