Credit unions certainly were not immune from the affects of the Great Recession. As a result of the downturn, many members have become delinquent on outstanding loans. Over the past few years, many credit unions have been forced to either reduce or renegotiate the debt owed to them by numerous...

The Charter Advisory Group of Members United Bridge now is taking big steps to prepare for a post-bridge existence as a stand-alone corporate, said John Fiore, CEO of the Motorola Employees Credit Union, speaking in his capacity as chairman of the CAG.

For those who thought there might be wiggle room in the NCUA’s willingness to tolerate a merger of Tier 1 corporates, unambiguous words came from Scott Hunt, director of the NCUA office of corporate credit unions, at a panel discussion about the future of corporates at the New Jersey Credit...

The $4 billion Southeast Corporate Federal Credit Union joined a number of its peer corporates last week in laying out its final business and capital plans to be submitted to the NCUA in time for the March 31 deadline.