News

Although the funding process is nowhere near complete, it appears that fewer than 100 credit unions may wind up receiving any money from the U.S. Treasury's Troubled Asset Relief Program.

Tony Richards, the former CEO of the Mid-America Credit Union Association in North Dakota, has joined a Tennessee publishing house to collaborate on writing a self-help book on business goals.

House and Senate conferees are putting the final touches on the financial overhaul bill and were hoping to finish work Thursday evening so both chambers could vote next week.

Through a number of free, promotional materials, Beyond Marketing LLC has launched a web site to help credit unions change misunderstandings about membership eligibility.

An NCUA official said the credit union regulator has not formally consulted with corporate executives regarding the legacy assets plan.

SELCO Member Business Services has hired two former bankers from the same bank to oversee the CUSO's SBA lending division and to manage existing loans and develop new relationships.

RTE Financial Services, a reseller of Web-based software, has aligned with business services CUSO Small Business America in a promotion and marketing pact.

This year, corporate credit union annual meetings included more than just the usual financial reporting and refreshments. Many corporate members were discussing their cooperative's fate in a changing landscape.