News

CHARLOTTE, N.C. - North Carolina is more than home to the Tar Heels and tobacco fields. It's quickly becoming a launching pad for entrepreneurs looking to finance their dream jobs. Much of that spirit has been fueled by the plethora of bank mergers that have impacted the state over the...

PALM SPRINGS, Calif. - Credit unions that convert to a community charter in the hopes of reaping a sudden windfall of new members and increased deposits and loan demand had better think again. Unlike the Field of Dreams idea of "build it and they will come," the credit union concept...

Do the NCUA agendas look a little light these days? Find out why on page 3 and see the latest NCUA Board coverage on page 52.

Credit union core processing is now a five vendor game. Read about that and more in the special report on pages 22-31.

NEEDHAM, Mass. -A new study by the TowerGroup on the credit union data processing market concludes that credit unions are more willing than commercial banks and thrifts to replace their core systems. "This willingness can be attributed in part to the CUs' need to offer new functionality and in part...

WASHINGTON - The $145 million Share Plus Federal Bank, headquartered in Plano, Texas, was the Share Plus Federal Credit Union until its membership voted in July of 2004 to move to a mutual bank charter. Now a publication from America's Community Bankers called Today's Mutual Community Banks, highlights the former...