News

After acquiring failed Cal State 9 Credit Union in May 2008, and failed Sterlent Credit Union the following month, how is the $3.8 billion Patelco Credit Union doing?

The credit union quest to develop a high-class service culture takes a new turn next year by examining the model of one big successful hotel chain, all of it coming at a special CEO Summit Jan. 17-20 at Key Biscayne.

Nine of the highest-asset California credit unions reported positive ROA as of Sept. 30. Aside from reversing most of last December's corporate assessment, what did the leaders of these institutions do differently from their struggling peers?

Saying credit unions would face additional compliance burdens, CUNA and NAFCU urged lawmakers to enact legislation to delay the implementation of a ban on Internet gambling for one year.

The package of bills aimed at restructuring the way the government regulates financial services represents a big step in the right direction, two members of the House Financial Services Committee said today at a breakfast co-sponsored by CUNA.

Federal Reserve Chairman Ben S. Bernanke told lawmakers today that his agency's actions had helped avoid making the recession worse, though conceded that they could have done more.