News

Another bank that began life as a credit union has announced its plans to make an initial public offering of stock in the next few months.

Given the economic climate over the last two to three years, a number of credit unions have had to seriously consider laying off employees, and some have actually done so. But for many credit unions, layoffs are a last resort.

The Washington Credit Union League Convention is ready to be crashed.

COMPASS 4 CUs LLC, a new, Washington area CUSO has opened for business to provide credit unions nationwide with regulatory compliance assistance.

The SBA said credit unions and other lenders will be able to get the information they need faster when the agency revamps its entire website this fall.

The $3 billion Corporate America Credit Union isn't waiting for the NCUA to seize its legacy assets: it's selling them.