News

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.

The $1.7 billion Service Credit Union asked members what they wanted in its newly-launched business banking program.

Expenses related to inactive members coupled with low deposit rates could slow membership growth for the remainder of the year.

Former Continental Federal Credit Union president/CEO Tom Glatt Sr. voluntarily surrendered the keys to a 4,000 square foot Sedona, Ariz. desert estate, walking out on a 2007 loan from his former employer that had an original principal amount of $958,000.