News

The corporate credit union scene was turned on its head last week with the announcement of yet another merger. Turn to the special report on pages 22-26 for that story and other corporate news.

Credit unions picked a winner when they started sponsoring the Cherry Blossom 10-Mile Run in Washington D.C. On-site coverage is featured on pages 18-19.

PLANO, Texas - Southwest Corporate Federal Credit Union has topped $10 billion in assets, a new record. The record was spurred in part by the success of its certificate specials. In the first quarter alone the corporate offered special certificates that attracted $286 million. Last year, it structured more than...

WASHINGTON - Association of Corporate Credit Unions Program Coordinator Josh Jones has left the ACCU and joined CUNA. Jones spent three years as program coordinator. "He embarked on three pretty significant efforts. He redesigned the Web site, revamped our monthly newsletter and also worked with the corporate marketing forum to...

SCOTTSDALE, Ariz. - The number of loan participations bought and sold last year by credit unions were in the billions and industry experts predict those figures will continue to soar. Jean Faenza, president/CEO of Business Partner, LLC, told attendees at this year's symposium that loan participations not only allow a...

WASHINGTON-Credit Union Miracle Day, Inc. `got `r' done' for the Children's Miracle Network. Credit Union Miracle Day, Inc., chaired by Northwest Federal Credit Union CEO Juri Valdov, presented Children's Miracle Network with a giant check for $515 million in a ceremony March 30, exceeding their half-a-million-dollar goal; that figure was...