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On-Site Coverage: Unsolicited Merger Attempt May Force Credit Unions to Think Twice

By Michelle A. Samaad

BALTIMORE -- The reeling controversy created in the industry when Wings Financial Federal Credit Union attempted to merge with Continental Federal Credit Union most likely will force credit unions to rethink any plans of going that route.

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Members United Adds to Check 21 Capabilities

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Members United Adds to Check 21 Capabilities

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August 13, 2007

Federation Secondary Mortgage Plans Still on Track

NEW YORK -- Plans underway from the National Federation of Community Development Credit Unions to form a secondary market for so-called nonconforming loans are still on track despite the upheaval in the financial markets, according to Federation Executive Director Clifford Rosenthal.

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August 10, 2007

CUTEK Hires Symitar Veteran

MURRIETA, Calif. -- CUTEK has hired a 21-year veteran of Symitar as the consultancy's new sales and marketing director.

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August 10, 2007

State Regulators Do Just Fine, NASCUS Says; Private Insurance No Threat

Responding to NAFCU's letter to Washington's Department of Financial Institutions recently that private primary deposit insurance "threatens" the dual chartering system, NASCUS stated that the state regulators can handle oversight of their credit unions.

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August 10, 2007

On Site Coverage: Coakley of St. Agnes in Maryland Is 'Director of Year'

Paul Coakley, chairman of the $35 million St. Agnes Employees Federal Credit Union, Baltimore, and a CU volunteer since 1972, was named "Director of the Year" today at the annual National Directors Convention.

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August 10, 2007

On Site Coverage: 'Micro-Managing' by Volunteers Questioned

When is it obvious that a director is "micro-managing" operations and the paid staff of the credit union? Is standing in the lobby asking questions of members and staff an example of "micro management."

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August 10, 2007

On Site-Coverage: African-American-Owned Co-Ops Traced Back to Civil War

The history of African-American owned cooperatives in the United States has been mostly undiscovered, but new research has shown that they were pivotal in helping create wealth during times of inequality.

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August 10, 2007

UBIT Steering Committee Asks CUs to Stand Up to IRS in Court

CUNA Mutual Group Senior Vice President Larry Blanchard, chair of the UBIT Steering Committee, asked for credit unions to volunteer as plaintiffs in a lawsuit the committee is preparing during NASCUS' State Summit today.

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Top News Stories

On-Site Coverage: Unsolicited Merger Attempt May Force Credit Unions to Think Twice

Members United Adds to Check 21 Capabilities

Members United Adds to Check 21 Capabilities

Recommended Just For You

News Stories

Federation Secondary Mortgage Plans Still on Track

CUTEK Hires Symitar Veteran

State Regulators Do Just Fine, NASCUS Says; Private Insurance No Threat

On Site Coverage: Coakley of St. Agnes in Maryland Is 'Director of Year'

On Site Coverage: 'Micro-Managing' by Volunteers Questioned

On Site-Coverage: African-American-Owned Co-Ops Traced Back to Civil War

UBIT Steering Committee Asks CUs to Stand Up to IRS in Court