News

ALEXANDRIA, Va.-Facing the closure of the Region IV office in the Midwest and pressure from credit unions and their trades for NCUA to slash its budget, agency employees are concerned about job security. Earlier this year, some NCUA employees contacted the National Treasury Employees Union for guidance on organizing a...

ALEXANDRIA, Va. - It was a long haul to a new corporate regulation, but most corporate leaders feel it was worth it. The NCUA Board approved the new corporate reg at its October board meeting. The main highlights include the following: *A grandfathering provision for Paid-in-Capital; *Elimination of a provision...

SAN FRANCISCO - After more than 25 years working in various aspects of the credit union movement including 15 years as CEO of the $2.9 billion Patelco CU and four years as NCUA Chairman, Ed Callahan will retire on Dec. 31. Known for his dedication to credit unions, his sense...

WEST PALM BEACH, Fla. - Any way you look at it and regardless of which set of numbers you go by, one fact remains: the number and value of checks being written by consumers is declining. The Federal Reserve didn't have to release the revised numbers it did in August...

WEST PALM BEACH, Fla. - In years past in this last issue of the year a number of credit union data processing or Net banking mergers that occurred would be chronicled. There's not as many these days, though there's been a deal here and there. One of the most intriguing...

MANCHESTER, N.H. - This year marked the opening of America's Credit Union Museum. Since 1994, when Armand and Joanne Lemire donated the Boivin family home to the New England Credit Union Heritage Foundation, plans to restore the house to create a national credit union museum, and build a state-of-the-art conference...