News

Sometimes ROA can move in cycles. For example, the $1.1 billion First Community Credit Union, headquartered in Chesterfield, Missouri, saw its ROA drop from .67% at the end of 2005 to .29% at the end of March 2006, a fact the credit union attributed to routine purchases of investments.

The U.S. Agency for International Development has provided $1.3 million to the World Council of Credit Unions to fund WOCCU's first project in Peru, WOCCU has said.

The growing trend of adults providing long-term care for their elderly parents has prompted Coastal Federal Credit Union to help those who might need guidance here.

The Iowa Credit Union League has won over a legislative staffer to its lobbying team. Julie Duhme will be joining the league as director of government affairs. Duhme, a native Iowan, graduated from Luther College and worked as a Legislative Assistant for Congressman Jim Leach in Washington, D.C., for the...

The fervor surrounding banking groups' campaigns to go after the tax-exemption of mostly larger credit unions doesn't mean anything if they can't sway the majority, said Bob Kressig (D-Cedar Falls).

NAFCU recently announced the promotion of two of its staffers while one lobbyist is making the move to CUNA. Debbie Kwon-Moore, former associate director of legislative affairs for NAFCU, is no longer with the association, NAFCU Public Relations Manager Rebecca Somers confirmed. She is expected to begin shortly as a...