News

It's World AIDS Day and the World Council of Credit Unions has observed the day by shining a spotlight on the efforts of Kenya's savings and credit cooperatives.

The Los Angeles-based California Bear Credit Union has tapped Vice President of Marketing/Business Development Robert York to be its new president/CEO.

The coming year's executive committee and officers for the CUNA Lending Council were recently named at the council's annual meeting in Las Vegas.

The industry's financial health slipped in the third quarter based on "HealthScores" calculated by a North Carolina firm, Glatt Consulting LLC of Wilmington.

When the USO called for help to feed the multitude of troops remaining on Naval Air Station Pensacola during Thanksgiving, Pen Air Federal Credit Union was ready to help.

Increased NCUA assessments coupled with more deposits and slower loan growth have put considerable strain on credit unions and they fear the impact of higher regulations, according to a report NAFCU presented to the Federal Reserve Board today.