Credit Union Times | Accurate and Timely CU News

Maryland/DC League Eyes Possible Merger

By Jim Rubenstein

The Maryland/DC Credit Union Association, which since last year has been scouting for a new president/CEO, has also been looking at a possible merger with one of its Mid-Atlantic neighbor leagues.

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As Fed Panelists, Two CEOs Detail Goals

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Embezzling CEO Sentenced

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February 23, 2011

Cheney and Buckley to Testify on Impact of Financial Overhaul Bill

CUNA President Bill Cheney and Gerber FCU President/CEO John Buckley are scheduled to discuss the impact of the financial overhaul bill on small financial institutions at a House Financial Services subcommittee hearing next Wednesday.

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February 23, 2011

Pacific Service CU Keeps Spotlight on Elder Abuse

With a $5,000 donation to the Elder Financial Protection Network, Pacific Service Credit Union recently marked its 10th consecutive year of bringing awareness to preventing the financial abuse of elders and dependent adults.

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February 22, 2011

California Credit Union In P&A

Acting at the NCUA's behest, the $1.5 billion Western Federal Credit Union of Hawthorne, Calif. was the successful bidder last week to merge the failed $90 million Oakland Municipal Credit Union.

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February 22, 2011

Affinity FCU's Expanding Portfolio Books 50% Growth

As is the case in many other states, small businesses continue to feel the freeze in New Jersey as their lines of credit and credit card balances have been slashed despite their ability to meet their obligations.

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February 22, 2011

Prepaid Cards Help Honda FCU Nurture Alliances

With a niche field of membership, Honda Federal Credit Union is always looking for ways to create and expand opportunities that will not only meet members' needs but bring in additional income.

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February 22, 2011

Mission SF May Have Partner

The travail of the $6.7 million Mission SF FCU of San Francisco continued last week, with apparently desperate efforts under way to save the deeply ailing community development CU from being liquidated or merged by the NCUA.

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February 22, 2011