News

PALO ALTO, Calif. -- For years, the $2.1 billion Addison Avenue Federal Credit Union relied on quarterly phone surveys to assess just how loyal its members really were, but the measurement tool didn't provide a firm enough handle on where the loyalty drivers were coming from.

WHITTIER, Calif. -- The proposed merger between Visterra Credit Union and Credit Union of Southern California, which will create a $1 billion-plus combined institution, is just the tip of the iceberg when it comes to the trend of merging large, healthy credit unions, said CU SoCal CEO Dave Gunderson.

NORTHVILLE TOWNSHIP, Mich. -- A campaign by the Michigan Credit Union League started in January to shed public light on the state's foreclosure crisis and the industry's role in aiding homeowners resumes May 2 with a special MCUL Mortgage Lending Summit here.

NASHVILLE, Tenn. -- "It's going to be a bad year for John McCain," Gus Faucher told attendees at ACUMA's Spring Conference here at Gaylord's Opryland Resort. Faucher is director of macroeconomics for Moody's Economy.com and presented an analysis of the economy, housing issues and prospects for surviving what he said...

HELSINKI, Finland -- F-Secure Corp. said it is seeing record amounts of malware and the emergence of a new threat--mobile devices being taken "hostage."

MORENO VALLEY, Calif. -- Visterra Credit Union and Credit Union of Southern California, with $470 million and $530 million in assets respectively, are the latest to announce a mega-merger of equal partners.