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In $460 Million Deal, Two Washington State CUs Merging

By Jim Rubenstein

Moving to protect market share, two mid-sized Washington State credit unions, Yakima Valley CU and Catholic CU, both in Yakima and located six blocks apart, are planning a June merger creating a $460 million CU.

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Holly Petraeus to Head Consumer Regulator's Military Office

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CU*Answers Pays Back $1.2 Million

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January 05, 2011

Frank Criticizes Effort to Repeal Financial Overhaul Bill

Rep. Barney Frank, the top Democrat on the House Financial Services Committee, invoked images of the Wild West in blasting efforts by Rep. Michele Bachmann (R-Minn.) to repeal the financial overhaul bill passed last year.

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January 05, 2011

North Jersey FCU Opens Student-Run Branch

North Jersey Federal Credit Union will open a student-run branch at John F. Kennedy High School in Paterson, N.J., on Jan. 12.

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January 05, 2011

Obama Names Banking Executive Daley Chief of Staff

Calling him someone who has a "deep understanding of how jobs are created and how to grow the economy," President Obama today named JPMorgan Chase Midwest Chairman William Daley to be the new White House chief of staff.

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January 05, 2011

Illinois League Processor Debuting 'Family' Debit Card for Teens

Citing what it calls the explosive growth of prepaid debit cards, the Illinois Credit Union League announced Thursday it is rolling out for client CUs a new "family card" designed for teens as a money management tool.

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January 04, 2011

Feds Indict Man in St. Paul FCU Collapse

A federal grand jury indicted a St. Paul Croatian FCU member for bank fraud and money laundering that cost the credit union $2.5 million and led to its eventual closing.

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January 04, 2011

Have iPad, Will Travel: Congressional FCU Works the Hill for Fresh Members

It's a big day in Congress and for the $630 million Congressional Federal Credit Union as it greets the opening of the new session today by plying Capitol Hill with an iPad ready to sign up new members.

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January 04, 2011

Indiana CEO Worries Over The Future

Sounding a lament typical of many small credit unions, the $51 million Perfect Circle CU of Hagerstown, Ind. announced this week it is taking consolidation steps in preparation for more tough times in the industry.

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Top News Stories

In $460 Million Deal, Two Washington State CUs Merging

Holly Petraeus to Head Consumer Regulator&#039;s Military Office

CU*Answers Pays Back $1.2 Million

Recommended Just For You

News Stories

Frank Criticizes Effort to Repeal Financial Overhaul Bill

North Jersey FCU Opens Student-Run Branch

Obama Names Banking Executive Daley Chief of Staff

Illinois League Processor Debuting 'Family' Debit Card for Teens

Feds Indict Man in St. Paul FCU Collapse

Have iPad, Will Travel: Congressional FCU Works the Hill for Fresh Members

Indiana CEO Worries Over The Future

Holly Petraeus to Head Consumer Regulator's Military Office