News

ALEXANDRIA, Va.-NCUA stated that credit unions are strong and healthy, but continued success lies in balancing the balance sheets while keeping an eye on net worth. "Federally insured credit unions continued their strong performance in 2005," NCUA's year-end report concluded. "This is reflected by record net worth levels and healthy...

NEWPORT BEACH, Calif. - NACUSO has created a new recognition award - the CUSO Collaboration and Cooperation Award - and the first-time winner will be named on May 16 during this year's annual NACUSO Conference in Las Vegas. The award, said the association, is designed to recognize those CUSOs that...

GALVESTON, Texas - Despite facing formidable challenges in 2005, voting delegates at Texas Credit Union League's 72nd Annual Membership Meeting April 20 adopted a 2007 dues schedule that will keep dues at the 2006 rate. "When two of our largest credit unions became banks, dues took a hit," said TCUL...

SCOTTSDALE, Ariz. - If Deb Jones had to choose one word that describes what's been the key to the success of CU Realty, LLC, she'd say "flexibility." That mantra not only applies to the credit union franchise's attitude towards its own CUSO businesses, but also describes the evolution of its...

GALVESTON, Texas - Political involvement is critical to protecting the viability of credit unions in the future, CUNA Chairman and Northwest Federal Credit Union CEO Juri Valdov told attendees at Texas Credit Union League's 72nd Annual Membership Meeting at the San Luis Convention Center here. "The political arena is where...

MEDIA, Pa. - NCUA and NASCUS aren't the only ones under the microscope of the House Ways and Means Committee. CUSOs are in the mix also. While taking a closer look at credit unions' tax-exempt status, the committee came across CUSOs and learned the service organizations can provide many products...