News

The New York State Credit Union League is mourning the loss of New York State Credit Union Hall of Famer Anthony P. Bax, who died at the age of 90.

Members are taking advantage of reductions, loan rate improvements, and deposit rate enhancements as a result of a November merger, according to Partners Federal Credit Union.

Frustrated by the state's restrictive state law on business lending and field of membership expansion, the Utah League of Credit Unions is now looking at a ballot initiative perhaps this fall to provide relief.

The Iowa Credit Union Foundation provided nine grants to small credit unions across Iowa through its annual small credit union grant program.

The Wall Street Journal recently suggested ShareBuilder Corp., which has a heavy credit union clientele, as one alternative for those looking to invest a couple hundred dollars.

Over the course of the last year, three of the largest credit unions in the country have joined the National Cooperative Business Association as individual credit unions, a move which they have characterized as a step toward emphasizing their organizations' identity as financial cooperatives.