News

Nader Moghaddam, president/CEO of the $710 million Financial Partners Credit Union has a message about all that California gloom and doom: Credit Unions are overcoming the challenges and have become creative managers.

S. Denise Hendricks, who has worked on equal opportunity issues for the Defense Department, has been named the NCUA's director of equal opportunity.

The quandary of just how credit unions grapple with the new corporate structure and ensure service access from providers occupied the highest levels of industry leadership this week.

Credit unions portray themselves on Capitol Hill as well-managed, conservative financial institutions. It's not clear whether the necessity for the NCUA to rescue several corporate credit unions will change that reputation.

Read the complete transcript of an interview between Sarah Snell Cooke, editor-in-chief of Credit Union Times, and CUNA CEO Bill Cheney discussing his first 100 days in the position with links to video.

Environmental professionals who specialize in helping consumers improve their homes' energy efficiency say credit unions have an opportunity to step into a growing market in green finance.

The strain of staying ahead of managing capital and net worth ratios has left some credit unions looking at the bottom of the barrel for more solutions as the year comes to an end.

It appears that when personal tax as a percentage of personal income goes down, deposit balances go up and vice versa, according to Market Rates Insight.