News

CUNA depleted all of its membership capital shares-worth $941,000-in U.S. Central FCU, the association said.

As floodwaters were starting to recede and cleanup efforts begun, Tennessee credit union executives were assessing damage estimates Wednesday from rain-soaked facilities as several branches remained closed in both metro Nashville and Memphis.

Alabama credit unions may certainly not be alone, but they are witnessing big gains in savings this spring due in part to all that good press lavished on the industry over the last few months,

The number of shared branching transactions in Maine has risen significantly thanks to a pair of contests offered by Synergent, a CUSO subsidiary of the Maine Credit Union League.

Pressure from regulators to increase earnings forced Missouri Corporate CU to lower its overnight dividend rate to 0%, effective May 1.

NASCUS Chairman Tom Candon has named Board Member Mary Hughes to fill the two-year board term vacated when former NASCUS Chairman George Reynolds retired.