News

At least one Rhode Island credit union, the $106 million Wave FCU of Warwick, was doing its part Wednesday by using its Web site to help its members cope with the record breaking floods that have devastated dozens of communities this week.

Credit unions that don't consider their gay, lesbian and transgendered members are missing out on a huge opportunity. So said Thomas Bowen, operations project coordinator at the $100 million Money One Federal Credit Union.

Brad Miller stepped down from his position as executive director of the Association of Corporate Credit Unions in February to take over as president/CEO of the $3.3 billion Southeast Corporate Federal Credit Union.

The campaign giving patterns of CUNA and NAFCU in February could be best described as the calm before the proverbial storm.

Nearly two months after the NCUA filed a suit against Wells Fargo for negligence in the case of a deceased financial adviser, the agency has filed a complaint against the CU's accounting firm to recover losses.

The $159 million Louisiana Corporate Credit Union released its 2009 audit March 23, possibly the first corporate to do so, according to president/CEO David Savoie.