News

Signs are cautiously pointing to an economic recovery nationwide. The national unemployment rate fell by one percentage point in the past year, and even in the hardest hit sand states, job outlook statistics improved.

NATIONAL HARBOR, Md. — Catherine Vallette-Kilroy recently spent a week listening to lectures during the day and studying for exams at night.

Reality Check was the aptly chosen name for the New Jersey Credit Union League’s one and one-half day Atlantic City conference. Over the densely packed schedule of deep-dive presentations on topics of current interest to credit union executives, the several hundred attendees heard over and over two stark realities.

Anyone who thinks U.S. credit unions have only two shared branching networks from which to choose has never met Scott Collins.

In a follow-up to the ongoing industry campaign fighting the Durbin amendment, the $3.7 billion PSECU hosted a leading CU backer, U.S. Rep. Tim Holden at its headquarters meeting with the CU board and employees.

The NCUA and six other regulatory agencies today sent out for a 45-day comment period proposed rules to limit certain kinds of incentive-based compensation packages.