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NCUA: Federally Insured CUs are Strong; Keys to Continued Success are Balance Sheets, Net Worth

By Sarah Snell Cooke

ALEXANDRIA, Va.-NCUA stated that credit unions are strong and healthy, but continued success lies in balancing the balance sheets while keeping an eye on net worth. "Federally insured credit unions continued their strong performance in 2005," NCUA's year-end report concluded. "This is reflected by record net worth levels and healthy...

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NACUSO to Recognize First CUSO Collaboration and Cooperation Award Winner

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TCUL Reports 2005 Year-End Financial Position as `Well Capitalized and Liquid,' but Challenges Lie Ahead

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May 02, 2006

Credit Union Realty Breaks Out of CUSO Model to Expand Member Services

SCOTTSDALE, Ariz. - If Deb Jones had to choose one word that describes what's been the key to the success of CU Realty, LLC, she'd say "flexibility." That mantra not only applies to the credit union franchise's attitude towards its own CUSO businesses, but also describes the evolution of its...

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May 02, 2006

Valdov Urges Political Involvement, Participation In Financial Education and Mortgage Programs

GALVESTON, Texas - Political involvement is critical to protecting the viability of credit unions in the future, CUNA Chairman and Northwest Federal Credit Union CEO Juri Valdov told attendees at Texas Credit Union League's 72nd Annual Membership Meeting at the San Luis Convention Center here. "The political arena is where...

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May 02, 2006

House Ways & Means Committee Request for CUSO Information Underscores Need for Uniform System for Data Collection

MEDIA, Pa. - NCUA and NASCUS aren't the only ones under the microscope of the House Ways and Means Committee. CUSOs are in the mix also. While taking a closer look at credit unions' tax-exempt status, the committee came across CUSOs and learned the service organizations can provide many products...

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May 02, 2006

In Evolving CU Industry, CUSOs Are Ripe Environment for Product and Service Innovation

WEST PALM BEACH, Fla. - Innovation is critical to any business or industry to remain competitive, and CUSO leaders agree it's not only imperative for the credit union industry at this time in its history to remain innovative, but that CUSOs can be a catalyst in implementing creativity through collaboration....

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May 02, 2006

brass CEO Tips Credit Unions on How To Reach Young Adults

GALVESTON, Texas - Credit unions will have to change the way they do business if they are to reach young adults, 22-year-old CEO and founder of brassIMEDIA Inc. Bryan Sims told attendees at the opening session of Texas Credit Union League's 72nd Annual Meeting Apr. 19 at the San Luis...

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April 25, 2006

DFCU Financial Fallout

Pages 16-18 contain some interesting reader feedback and opinion pieces - the failed DFCU Financial conversion was the hot topic.

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April 25, 2006

Special Report: Data Processing & Technology

Find out how Summit is planning to expand its business north of the border in the Data Processing & Technology Special Report on pages 22-30.

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Top News Stories

NCUA: Federally Insured CUs are Strong; Keys to Continued Success are Balance Sheets, Net Worth

NACUSO to Recognize First CUSO Collaboration and Cooperation Award Winner

TCUL Reports 2005 Year-End Financial Position as `Well Capitalized and Liquid,' but Challenges Lie Ahead

Recommended Just For You

News Stories

Credit Union Realty Breaks Out of CUSO Model to Expand Member Services

Valdov Urges Political Involvement, Participation In Financial Education and Mortgage Programs

House Ways & Means Committee Request for CUSO Information Underscores Need for Uniform System for Data Collection

In Evolving CU Industry, CUSOs Are Ripe Environment for Product and Service Innovation

brass CEO Tips Credit Unions on How To Reach Young Adults

DFCU Financial Fallout

Special Report: Data Processing & Technology