News

One lawsuit brought by the American Bankers Association late in 2005 ended with non-multiple common bond credit unions being unable to adopt underserved areas and another, challenging NCUA's judgment of "well-defined community" is still awaiting a decision.

Winds of change swept through NAFCU's workforce over the last year.

This year continued a 10-year downturn trend in membership growth but the latter half of 2006 has shown some momentum that could carry over into 2007. It looked promising in January when 158,000 members joined credit unions, according to CUNA Mutual Group's Credit Union Trends Report for that month. January...

The Minnesota Credit Union Network has selected the CEO of a small Denver CU to be its new staff head effective Jan. 8.

By DAVID MORRISON Credit Union Times Staff Reporter

Corporate credit union balance sheets are impacted heavily by what natural person credit unions are experiencing.