Credit Union Times | Accurate and Timely CU News

Wings Financial Preps for Another CU Merger

By Michelle A. Samaad

For the second time in a little over a month, the $2.7 billion Wings Financial Credit Union has announced merger plans, this time with the $450 million City-County Federal Credit Union.

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N.J. Prosecutor to Hold Press Conference on CU CEO Shooting

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Senate Back to 100 Members, Action on MBLs Uncertain

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July 19, 2010

Collins First GOP Co-Sponsor of MBL Amendment

Sen. Susan Collins (R-Maine) has become the first member of her party to sign on as a co-sponsor of an amendment by Sen. Mark Udall (D-Colo.) that would raise the cap of 12.25% of assets to up to 27.5% of assets.

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July 19, 2010

Visa Recognizes Fifth Third Processing

Visa Inc has recognized Fifth Third Processing Solutions for its efficiency in card transaction processing.

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July 19, 2010

Obama Set to Sign Overhaul Bill; Much Speculation about CFPB Head

President Obama is scheduled to sign the financial regulatory overhaul bill tomorrow and among credit union advocates and other groups there is much wondering about who will be the first head of the Consumer Financial Protection Bureau.

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July 18, 2010

NIH FCU Sells Card Portfolio

In what has become a relatively rare move, a Washington area credit union has sold its credit card portfolio to an agent-issuing bank.

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July 18, 2010

Goff New Keesler CEO, Succeeding Broome

Mississippi's largest credit union, the $1.8 billion Keesler FCU, has named John Goff as its new president/CEO succeeding Scotty Broome, who has retired.

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July 18, 2010

CU of Atlanta Staff Try to Cope with CEO's Death

As word came in that Credit Union of Atlanta President/CEO DeFarra Gaymon had been killed, staff remained shocked and overwhelmed with phone calls this morning.

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July 18, 2010