News

ATLANTA -- The $17 million 1st Choice Credit Union is hoping its presence can help revitalize the historic "Sweet Auburn" district here, which, during its heyday, was where many financial institutions, educators, entertainers and politicians conducted business.

AUSTIN, Tex. -- In a title shift, the $425 million Velocity Credit Union said this week Larry Strong, its veteran CEO, is giving up his title as president with Debbie Mitchell, chief operating officer, assuming that job.

AUSTIN, Tex. -- In a title shift, the $425 million Velocity Credit Union said this week Larry Strong, its veteran CEO, is giving up his title as president with Debbie Mitchell, chief operating officer, assuming that job.

SALT LAKE CITY -- One of the reasons some members of the $186 million Beehive Credit Union oppose their CU's proposed move to a mutual bank is the key role they contend a noted Utah banking lobbyist plays on the CU's board.

ALEXANDRIA, Va. -- NCUA Board Member Gigi Hyland told a hearing of the House Financial Services Committee today that whatever federal reform measures are enacted in the current crisis must be even-handed between federally chartered and non-federally chartered mortgage originators.

MERRIFIELD, Va. -- Navy Federal Credit Union has disaffiliated from the Virginia Credit Union League and CUNA in a principled protest over the league's chief lobbyist, Reggie Jones, and the firm Williams Mullen, which also represents the Community Financial Services Association, the trade association for 60% of the country's payday...