News

LAS VEGAS - Appealing anew for credit unions to "reach out to everyone" to boost lagging membership, NCUA Board Member Debbie Matz is urging the industry to look to the mortgage market to create new growth. Addressing NAFCU's annual conference, Matz said there "are literally millions of opportunities for credit...

Supervisory committees represent an important check and balance for credit unions. Page 6.

Turn to pages 24-25 for the latest edition of NCUA's PALS workshop.

WASHINGTON - Continuing the trend from year-end 2004, federal agency securities continue to retain the top spot on where credit unions are investing followed a distant second by corporate credit unions, Callahan reports. Mutual funds were the least likely spot for investments at 1.3%.

WASHINGTON - When it comes to investments as a percentage of assets, the industry average is nearly 32% for the top credit unions in that category with the average yield at 2.82%, according to Callahan & Associates, Inc. Below is the top 25 in this category.

NEW BERLIN, Wis. - It's only been a couple of weeks since Landmark Credit Union's investment services were revamped but member feedback has been overwhelmingly positive. Effective July 1, the $975 million credit union made its investment services program a department within the fold rather than through its previous arrangement...