News

When Jim Riederer, CEO of CME Federal Credit Union in Columbus, Ohio, read the draft NCUA regulations pertaining to equitable distribution of corporate stabilization expenses, he could feel his anger rising.

Some financial advisers that use social media professionally are seeing higher revenue growth and larger client bases compared to advisers that do not use the network channels.

Credit unions have been handed "a tremendous opportunity" to gain new market share as a result of those continuing reports of big banks dropping free checking, the head of New Jersey's second largest CU said Wednesday.

There's a new twist on financial management and Payoff.com (www.payoff.com) hopes to help consumers fund their dreams.

New York CUs gave preliminary approval Thursday to Gov. Andrew Cuomo's cost-cutting call to combine state regulatory agencies covering banks, insurance, consumer protection and credit unions into a new Department of Financial Regulation.

The Michigan Office of Financial and Insurance Regulation announced Thursday it has selected John J. Kolhoff as the new deputy commissioner of the Credit Union Division succeeding veteran Roger Little.