Credit Union Times | Accurate and Timely CU News

NCUA Adopts Policy Supporting CRE Loan Workouts

By Michelle A. Samaad

The NCUA and other financial regulators have adopted a policy statement that aims to support prudent commercial real estate loan workouts.

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'Hope' Campaign Raises $161,000 for Troops in Emotional Event

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HarborOne CU Brings Financial University to Low- and Middle-Income

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June 15, 2010

Sponem Is Summit CEO

In a management succession long in the planning stage, Kim Sponem, president of the $1.4 billion Summit Credit Union, Madison, Wis., will be named CEO, effective Oct. 1, succeeding veteran Andy Faust.

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June 15, 2010

NAFCU Names Winners

Core Federal Credit Union and Pentagon FCU have both been named NAFCU's federal credit union of the Year.

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June 15, 2010

New York Coalition Highlights CDFIs' Growing Clout in Economic Recovery

The White House and Congress are starting to recognize the impact community development financial institutions are having in providing affordable housing expansion, small business support and financial services to urban and rural areas.

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June 15, 2010

Hiring Still On Hold for Many Small Businesses, Survey Shows

Small business owners are still skittish about hiring new employees even as some indicated they have access to the credit and financing needed to keep their firms running.

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June 15, 2010

Miami Firefighters Federal Credit Union Names New CEO

Patrick Totten is the new president/CEO of the $73 million Miami Firefighters Federal Credit Union effective June 1.

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June 15, 2010

PrimeWay FCU Nears NCUA Approval on TexasOne Merger

The $279 million PrimeWay FCU of Houston is nearing regulatory completion for a merger with the ailing $125 million TexasOne Community CU, also of Houston.

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June 15, 2010