News

WASHINGTON -- Credit unions had $233.9 billion in outstanding consumer credit in June, up from $232.4 billion in May, the Federal Reserve reported today.

BRISBANE, Calif. -- Credit union boards replacing retiring baby boomer CEOs are experiencing major sticker shock, says one of the industry's leading staffing firms.

RALEIGH, N.C.-- One of Jim Blaine's goals for a renewed CU alternative capital discussion would be a unified industry position on access to it, even if CUs continue to disagree about whether or not they would use it.

LAS VEGAS -- Squeezed in every direction from tight margins to growing online competition and now a "rebuked NCUA," this is hardly an easy time being a credit union director Bruce Jolly told a volunteer gathering today.

MADISON, Wis. -- World Council of Credit Unions extended its enrollment deadline for the 2008 Hispanic Marketing Immersion Program to Friday, Aug. 15.

NEW YORK -- Two Community Development Credit Unions have been named as semifinalists for the NEXT Awards For Opportunity Finance. The awards are sponsored by Wachovia Bank, funded by the John and Catherine T. MacArthur Foundation, and include opportunities for low-cost loans and grants.