News

SARAH SNELL COOKE CU Times Senior Washington Reporter

Seeking to raise both education levels and networking skills of volunteers, the chairman and vice chairman of two New Jersey credit unions disclosed plans for a new Northeast "Chairmen's Group."

Prior to 2005, the $2.3 billion Bethpage Federal Credit Union was holding an excessive amount of cash in reserve in its vaults. An internal auditor was concerned from a security perspective, but the New York-based FCU was also missing out on trimming the fat and turning its excess into an...

The delicate strategy of giving members with low-balance or dormant accounts the option of either using more products and services or taking their business elsewhere has become a necessary cost-saving move for Oregonians Credit Union.

On the eve of its one year anniversary, Ongoing Operations, LLC has quickly discovered that the behind the scenes, proactive work to ensure that a credit union can continue running in case of a natural disaster or operational shutdown has become a priority for many.

NYU Federal Credit Union has signed a letter of agreement with automotive services and products provider GrooverCar, Inc.