News

CO-OP Financial Services announced it has sealed a deal with the $5.6 billion Security Service Federal Credit Union to join its popular, surcharge free ATM network.

Some industry sources are privately pointing to the weekend conservatorship of the $139 million Family first FCU of Orem, Utah as signaling perhaps a new NCUA policy of protecting the NCUSIF as it bypassed big CUs as a merger suitor.

The $7 billion The Golden 1 Credit Union announced Senior Vice President/Chief Financial Officer Donna Bland is on track to nab the nation's sixth largest credit union's corner office permanently. Bland was named interim CEO Friday.

State Employees' Credit Union said it has replaced its freeware from FFIEC with a Florida company's solution for automatic compliance with HMDA lending regulations.

The Wisconsin Credit Union League has stepped up its criticism of banks that have stonewalled attempts to attach an amendment to a bill that would raise the member business lending cap.

When the Obama administration begins implementing the regulatory overhaul bill it will improve or eliminate some existing regulations, not just create new ones, according to Treasury Secretary Timothy Geithner.