News

Despite last week's blizzard that literally shut down Washington, Tower Federal Credit Union is still optimistic about the findings from a new report that show the region has several qualities that may make it ideal for stronger economic growth this year.

A former Fiserv Inc. vice president has been named a partner with the Phoenix-based consultancy CCG Catalyst.

The $940 million Elevations Credit Union said it is choosing not to do business with medical marijuana dispensaries and has asked its business members to attest to not selling, producing or storing the drug.

Michigan regulators have two merger applications pending this month, one being the largest in years, a $1.4 billion consolidation of NuUnion CU of Lansing and Detroit Edison CU of Plymouth and the other a regional compact involving a troubled Detroit CU.

More voters would back credit unions over banks in a legislative fight and almost 80% of voters have a favorable opinion of credit unions.

Fulfilling a five-year commitment, the Credit Union Association of New Mexico said this week it has now raised $1 million to build a pediatric emergency unit for the University of New Mexico Children's Hospital in Albuquerque.