News

Despite the unwelcomed publicity last month and a net worth around 4% at year-end 2009, Silver State Schools Credit Union President/CEO Dave Rhamy says he's qualified to facilitate the $883 million credit union's recovery.

Last year was a strong one for the $1.3 billion Truliant Federal Credit Union's mortgage program and it stayed strong through December, the credit union reported.

A credit union core processing startup founded by Symitar veterans has hired another former colleague to help lead the platform's development.

U.S. Central and the NCUA have retained the services of Prairie Village, Kan.-based Michael Shirley Associates; and, according to a representative for the firm, the regulator expects the institution to survive corporate restructuring.

Two-thirds of the $883 Silver State Schools Credit Union's 6.7% delinquent loans are real estate.

On Monday look for 12-year old Fabian Fernandez-Han to ring the Closing Bell on the New York Stock Exchange.

To help expand its current select employee groups and create new relationships, the $241 million Ohio University Credit Union is launching a new online portal to make it happen.

When Senate Banking Committee Chairman Christopher Dodd (D-Conn.) leaves office at the end of the year, he will be one of at least three members of the committee departing Congress.