News

Citing competing business interests, William B. Eckhardt, a CUNA Mutual board member since 2005 and president/CEO of Alaska USA Federal Credit, has resigned his CUNA Mutual director seat.

The $183 million Mutual Savings Credit Union of Birmingham, Ala., placed into a controversial conservatorship by regulators a year ago, is on the mend and is recording a profit for the first quarter, president/CEO Douglas Key said last week.

As the SEC reports a rise in investment scams that target the elderly, the Pacific Service Credit Union is doing its part to protect them from financial abuse.

In a rebranding move, the League of Southeastern Credit Unions has adopted a new name--Leverage--for its newly consolidated service corporation combining entities of the Florida and Alabama leagues.

Financing from a CUSO of MAX, Your Community Credit Union, played a part in helping a Tennessee wire manufacturing plant to earn an energy project of the year honor.

Credit unions are finding some of their strongest ever growth in mortgage underwriting by combining high-tech outreach with a traditionally high touch approach to service-both to their members and real estate professionals.