News

Five persons who filed a lawsuit against board members and staff of the liquidated New London Security Federal Credit Union are now going after the NCUA to recoup losses stemming from alleged investment fraud.

A credit union leader who arrived in the U.S. as a 14 year old political refugee has been recognized with the 2011 Herb Wegner Memorial Award for Lifetime Achievement.

Comparing the NCUA's actions to the children's story Alice in Wonderland, the National Federation of Community Development Credit Unions hopes backers of Kappa Alpha Psi FCU persist in their case against the agency.

Michael V. Beall, president/CEO of the Maryland/District of Columbia Credit Union Association, will become president of the Missouri Credit Union Association effective Nov. 1.

Houston credit unions, eying a need to recharge the league chapter system in Texas and perhaps elsewhere, are ramping up a low-cost e-mail and viral ad campaign this fall to expand industry awareness and advocacy on a broad scale.

Heartland Credit Union is encouraging consumers to make choose local with the launch of its Go Local initiative.