News

ODESSA, Texas -- Shem Culpepper, the CEO of the $115 million First Basin Credit Union explained that while his credit union is seeking to depose its own members who opposed the CU's recent failed attempt to convert to a mutual bank, the real target of the CU's "investigation" is the...

ODESSA, Texas - For the second time, a credit union which tried to convert to a bank and failed appears willing to use the legal process to punish members who opposed the conversion attempt.

ALEXANDRIA, Va. -- NCUA Office of Examination and Insurance Deputy Director Larry Fazio has been selected to be Deputy Executive Director of the NCUA.

CHICAGO -- The state's newly appointed credit union regulator, Robert Meza, a Chicago attorney, said Thursday payday lending and the role credit unions can play in serving those consumer needs will be among his priorities.

GREAT FALLS, Mont. -- Eight Montana credit unions, which make up the Great Springs Chapter of the Montana Credit Union Network, are finding themselves in national competition this month for putting together an unusual and prize-winning "can sculpture" made up of 3,000 food cans destined for a local food bank.

MADISON, Wis. -- Popular in Scotland, Australia and Canada, an innovative, account that pools all of a member's accounts including savings, loans, mortgage, checking and credit cards into one account, has moved one step closer to implementation by credit unions in the United States.