Credit Union Times | Accurate and Timely CU News

Problems of CEO Search Seen in N.M. Merger

By Jim Rubenstein

The travails of small credit unions recruiting available CEO talent at reasonable cost is being underscored this week in a New Mexico merger involving the $101 million Animas CU consolidating the struggling $5 million Totah CU, both of Farmington.

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Visa to Expand No Signature Transactions in July

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GFA Pays Off Dividend Following Merger/Loan Loss

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February 11, 2010

NCUA Set to Discuss Secondary Capital for Low Income CUs and NCUSIF

NCUA Board members are scheduled to receive a public briefing about a rules change that would let low income credit unions borrow money through the Troubled Assets Relief Program at next Thursday's NCUA Board Meeting.

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February 11, 2010

New Mexico Senate Panel Clears Anti-Big Bank Public Funds Bill

The House-passed, anti-big bank public funds bill geared to funnel $5 billion in state funds into credit unions and community banks cleared a new hurdle this week in the New Mexico Senate.

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February 10, 2010

Administration Predicts Job Growth

The Obama administration predicted today there will be light at the end of the tunnel this year on jobs creation.

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February 10, 2010

Tippets 'Cautious, But Positive' North Island Will Recover

North Island Credit Union President/CEO John Tippets said he's "cautious but positive" he can right the struggling credit union's course.

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February 10, 2010

Weather Shutters NCUA, CUNA and NAFCU for Fourth Day

Due to another batch of snow, which caused blizzard-like conditions and following last weekend's record-setting storm in the Washington area, the capital region's offices of federal government-including the NCUA-are closed again today.

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February 10, 2010

MBL Growth Up But Below Past Trends

Member business loans, which accounted for 6% of all loans in 2009, increased 5.8% in 2009 but dropped below growth trends seen over the past several years.

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February 10, 2010

TNB Posts Strong Performance

TNB Card Services, the card processing arm of credit union owned Town North Bank, saw an 11% increase in the numbers of credit card accounts and a $1.5 increase in retail sales with credit cards.

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News

Top News Stories

Problems of CEO Search Seen in N.M. Merger

Visa to Expand No Signature Transactions in July

GFA Pays Off Dividend Following Merger/Loan Loss

Recommended Just For You

News Stories

NCUA Set to Discuss Secondary Capital for Low Income CUs and NCUSIF

New Mexico Senate Panel Clears Anti-Big Bank Public Funds Bill

Administration Predicts Job Growth

Tippets 'Cautious, But Positive' North Island Will Recover

Weather Shutters NCUA, CUNA and NAFCU for Fourth Day

MBL Growth Up But Below Past Trends

TNB Posts Strong Performance