News

The legal clash from last October pitting Alabama's top regulator against the CEO and board of the $193 million failed Mutual Savings Credit Union of Birmingham, has been settled out of court, it was announced this week.

The $1.7 billion HarborOne Credit Union is the latest to become an SBA preferred lender enabling faster loan turnarounds and approvals.

A plurality of credit union leaders surveyed by NAFCU believe there will be a decrease in share growth yet an increase in income growth.

Credit Union On-Line Inc. said it has completed migrating its 22 customers onto the Fiserv XP2 platform's latest comprehensive release.

Members of five Ohio credit unions can now shop for and finance their cars through their credit unions' Web site using a new online service from Aimbridge Indirect Lending LLC and a subsidiary of the Ohio Credit Union League.

The $755 million Columbia Credit Union has hired Steve Okazaki, a 25-year banking industry veteran, to assist with the cooperative's commercial lending operations.