News

World Council of Credit Unions is taking its conference fundraising auction online.

Bucky Sebastian, the National Credit Union Foundation's newest executive director, hopes the foundation can continue down its innovative path-both toward helping credit unions overcome their different challenges and toward improving its own operations.

After a rough 2008 and 2009, conditions are slightly better this year for many credit unions. During his 10 years as NAFCU president/CEO, Fred Becker has observed many highs and lows in the credit union movement.

When attendees at NAFCU's annual conference spend Friday afternoon watching the Cardinals-Cubs game, they will see a part of history in the making. The teams compete for loyalty among fans and rich histories that are rife with symbolism.

Members of the $252 million Midwest Corporate FCU have decided the fate of their cooperative: liquidation.

Richard Koenig, the former chairman of Central States Mortgage Corp. a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis. has been barred from the industry by the NCUA under a consent order issued Thursday.