News

MADISON, Wis. - With a member base consisting of college students with little to no assets to highly successful older faculty and other professionals, UW Credit Union probably had its work cut off for it when it decided to offer trust services to such diverse economic groups. In early July,...

Defense credit unions crafting new road map.

WASHINGTON - The top 50 credit unions with the highest individual retirement account balances (IRA) as a percentage of their portfolios seem to mirror the top 50 credit unions in the nation. Over the last five years, IRA credit union balances have risen from 55% to 60%, according to Callahan...

ANAHEIM, Calif. - The industry is still buzzing about the anticipation of an SEC rule adoption that opens the door for credit unions to engage in certain transactions without having to register with or as a broker dealer. While that new regulation could come as early as December, it would...

WARREN, Ohio - Experts say the Baby Boomer generation is the one to watch as an estimated $12 trillion is expected to pass to heirs over the next dozen years and Seven Seventeen Credit Union is already seeing signs of the transfer. The $539 million credit union recently announced its...

The industry has 200 fewer credit unions since the start of the year. Is member growth falling off too? Turn to page 6.