News

In what is believed to be a first for a firefighter credit union, the $790 million Los Angeles Firemen's Credit Union announced last week it has set up a separate charity foundation devoted to helping support firefighter families "in times of crisis," fund training, and provide equipment to needy departments...

Though it may come as a surprise to many in the industry that Juri Valdov, president/CEO of Northwest Federal Credit Union, will be stepping down after nearly 24 years at the helm, the longtime executive said the transition to a new internal role has been a fixture of the succession...

When the number of credit unions asking for extensive portfolio management began to increase over the past two years, Southeast Corporate Federal Credit Union started planting the seeds to produce an entity that would meet their needs across a range of services.

The Federation, the shorter (and more to the point) name for the National Federation of Community Development Credit Unions, has seen some hard times, admits Executive Director Cliff Rosenthal, but like the Broadway song, "I'm still here" (from "Follies") it has rolled along, racking up accomplishments and defying doubters.

No one has noticed yet (but they soon will) that Financial Services Center Cooperatives now has the first operational telephone locator system anywhere that will text information back to a caller's cell or landline phone.

Nearly three-and-a-half years after NCUA employees voted to organize, NCUA and the National Treasury Employees Union have finally reach a bargaining agreement.