News

The Golden 1 CU CEO Teresa Halleck said she wasn't looking for a new job when colleagues recommended she take a look at the $5 billion San Diego County Credit Union.

In a consent order, the NCUA last week barred Richard Koenig, the former chairman of Central States Mortgage Corp., a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis., from further industry activities.

CHICAGO -- Risk may be a four-letter word, but it's not something that is necessarily or should be feared.

The 10,800 credit unions, banks and other financial institutions on Jack Henry & Associates' customer list can now choose between a pair of personal financial management solutions to offer their customers and members.

John Worth, who has extensive experience as a government economist for several agencies, began work yesterday as the NCUA's chief economist.

The SEC is asking for feedback on the areas of the Dodd-Frank Wall Street Reform and Consumer Protection Act that will impact investors.