News

The $3 billion Corporate America Credit Union isn't waiting for the NCUA to seize its legacy assets: it's selling them.

A Supreme Court nomination and energy legislation are taking center stage in the Senate this week, thus putting a job creation bill on the back burner.

NCUA policymakers provided a few more clues into conservatorship procedures in the wake of industry concern over when and how purchase and assumption deals are arranged with bidders for involuntary mergers.

The $629 million Clearview Federal Credit Union of Pittsburgh completed a merger pact this week with the $61 million A-K Valley FCU of Lower Burrell, Pa. providing Clearview 11,000 new members and four new branches in Allegheny and Westmoreland Counties.

A co-op fund-raising campaign led by the $465 million DuTrac Community CU of Dubuque, Iowa and joined in by a gas station chain and radio DJs to help victims of the July 24 Lake Delhi flood, has brought in just under $25,000.

Credit unions belonging to the Allpoint network will now be able to offer their members fee-free ATM access to 800 Kroger stores across the country, according to Allpoint owner Cardtronics.