News

In today's closed board meeting, the NCUA Board declined to approve a merger proposal between VolCorp and WesCorp.

The NCUA Board voted 2-1 today to reincorporate the Federal Credit Union Bylaws into federal regulation.

Chief Financial Officer Richard Headrick, the architect of Cal State 9 Credit Union's outsourced HELOC loan program is no longer with the CU, Credit Union Times has learned. Cal State 9 Credit Union President/CEO Jackie Wong confirmed the inquiry late yesterday. Headrick may have left Cal State several weeks ago,...

Chief Financial Officer Richard Headrick, the architect of Cal State 9 Credit Union's outsourced HELOC loan program is no longer with the CU, Credit Union Times has learned. Cal State 9 Credit Union President/CEO Jackie Wong confirmed the inquiry late yesterday. Headrick may have left Cal State several weeks ago,...

Juri Valdov, the longtime president/CEO of Northwest Federal Credit Union, will step down on Dec. 31 to become the senior vice president for external affairs at the $1.5 billion financial institution.

A recent survey which found more consumers switch financial institutions over issues with their fee structures than over security may be another indicator of a CU marketing opportunity.