News

Robert Burrell, the former chief investment officer at Western Corporate Federal Credit Union, has taken a new position at RiskSpan,

In part, consumer demand is at the root of payday loans' rise in popularity as the fees mainstream institutions charge grow, an executive from a leading payday loan firm stated.

Because there weren't enough members at the meeting, the Senate Banking Committee last Tuesday did not vote on the nomination of Deborah Matz as chairman of the NCUA.

Dismissed Western Corporate Federal Credit Union President/CEO Bob Siravo did receive a large retirement payout in 2008, but it was from a deferred compensation plan

CUC Mortgage Corp. has picked up the $21 million R-S Bellco Federal Credit Union, based in New Brighton, Pa., as a client.

Members of corporate credit unions didn't express much surprise when they learned how badly U.S. Central's second-quarter losses had damaged their own capital coffers.